Tencent Music Entertainment (TME) Accounts Payables (2017 - 2026)

Tencent Music Entertainment's (TME) quarterly Accounts Payables came in at $895.0 million in Q1 2026, down 10.95% year-on-year from $1.0 billion in Q1 2025, and up 1.02% quarter-over-quarter from $886.0 million in Q4 2025.

Tencent Music Entertainment (TME) Accounts Payables (2017 - 2026) Analysis & Trends

Tencent Music Entertainment has disclosed Accounts Payables across 10 years of filings, most recently posting $895.0 million for Q1 2026.

  • Accounts Payables for Q1 2026 came in at $895.0 million, down 10.95% year-over-year; the trailing twelve-month figure through Mar 2026 was $895.0 million (down 10.95% YoY), and the FY2025 annual result was $899.0 million, down 4.56% from the prior year.
  • Accounts Payables came in at $895.0 million for Q1 2026 at Tencent Music Entertainment, up from $886.0 million in the prior quarter.
  • In the past five years, Accounts Payables ranged from a high of $1.0 billion in Q1 2025 to a low of $680.0 million in Q3 2022.
  • The 5-year median for Accounts Payables is $836.5 million (2022), against an average of $825.0 million.
  • Across the five-year window, Accounts Payables dropped 16.1% in 2023 and soared 37.74% in 2024, its largest moves.
  • Tencent Music Entertainment's Accounts Payables stood at $702.7 million in 2022, then declined by 1.06% to $695.3 million in 2023, then jumped by 37.74% to $957.7 million in 2024, then declined by 7.48% to $886.0 million in 2025, then increased by 1.02% to $895.0 million in 2026.
  • The last three Accounts Payables figures came in at $895.0 million (Q1 2026), $886.0 million (Q4 2025), and $930.0 million (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Accounts Payables (Qtr)
1 Nebius 1,913,603.98 Bn 1,913,603.98 Bn 295.20 Mn 621.70 Mn
2 Alphabet 4,425.33 Bn 4,209.71 Bn 102.29 Bn 16.85 Bn
3 Meta Platforms 1,502.66 Bn 1,421.48 Bn 46.09 Bn 13.33 Bn
4 Spotify Technology 119.69 Bn 109.44 Bn 1.75 Bn 1.46 Bn
5 Reddit 33.22 Bn 30.45 Bn 511.94 Mn 51.74 Mn
6 Pinterest 13.64 Bn 12.34 Bn 768.96 Mn 74.98 Mn
7 Kanzhun 13.02 Bn 10.92 Bn 255.62 Bn -
8 Snap 9.72 Bn 6.90 Bn 1.29 Bn 238.32 Mn
9 Zillow 8.26 Bn 7.48 Bn 519.00 Mn 68.00 Mn
10 Tencent Music Entertainment 2.62 Bn 1.40 Bn 514.00 Mn 895.00 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 895.00 Mn
Dec 31, 2025 886.00 Mn
Sep 30, 2025 930.00 Mn
Jun 30, 2025 971.00 Mn
Mar 31, 2025 1.01 Bn
Dec 31, 2024 957.66 Mn
Jun 30, 2024 856.00 Mn
Mar 31, 2024 761.00 Mn
Dec 31, 2023 695.27 Mn
Sep 30, 2023 692.00 Mn
Jun 30, 2023 719.00 Mn
Mar 31, 2023 775.00 Mn
Dec 31, 2022 702.74 Mn
Sep 30, 2022 680.00 Mn
Jun 30, 2022 857.00 Mn
Mar 31, 2022 817.00 Mn
Dec 31, 2021 677.10 Mn
Sep 30, 2021 695.00 Mn
Jun 30, 2021 682.00 Mn
Mar 31, 2021 598.00 Mn