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

Tencent Music Entertainment (TME) posted Accounts Payables of $895.0 million for Q1 2026, up 1.02% sequentially from $886.0 million in Q4 2025, and down 10.95% YoY from $1.0 billion in Q1 2025.

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

Tencent Music Entertainment has reported Accounts Payables for 10 years, with the latest figure at $895.0 million in Q1 2026.

  • Quarterly Accounts Payables fell 10.95% year-over-year to $895.0 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $895.0 million (down 10.95% YoY) and the FY2025 annual result came in at $899.0 million, down 4.56% from the prior year.
  • Accounts Payables climbed to $895.0 million in Q1 2026 per TME's latest filing, from $886.0 million in the prior quarter.
  • Over five years, Accounts Payables peaked at $1.0 billion in Q1 2025 and troughed at $680.0 million in Q3 2022.
  • A 5-year average of $825.0 million and a median of $836.5 million in 2022 frame the typical range for Accounts Payables.
  • The sharpest annual moves came in 2023 and 2024: Accounts Payables fell 16.1% in 2023, then surged 37.74% in 2024.
  • Over 5 years, Accounts Payables stood at $702.7 million in 2022, then retreated by 1.06% to $695.3 million in 2023, then soared by 37.74% to $957.7 million in 2024, then retreated by 7.48% to $886.0 million in 2025, then gained by 1.02% to $895.0 million in 2026.
  • According to Business Quant data, Accounts Payables over the past three periods registered $895.0 million, $886.0 million, and $930.0 million for Q1 2026, Q4 2025, and Q3 2025 respectively.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Accounts Payables (Qtr)
1 Alphabet 4,180.69 Bn 3,751.66 Bn 73.85 Bn 20.26 Bn
2 Meta Platforms 1,530.68 Bn 1,440.42 Bn 49.47 Bn 15.89 Bn
3 Taboola.com 1,136.28 Bn 1,136.15 Bn 139.48 Mn 275.95 Mn
4 Baidu 288.63 Bn 284.14 Bn 1.88 Mn 5.72 Bn
5 Spotify Technology 103.33 Bn 93.09 Bn 1.75 Bn 1.46 Bn
6 Joyy 77.38 Bn 76.49 Bn 205.64 Mn 71.55 Mn
7 BILI Social International 60.58 Bn 60.58 Bn 405,933.00 66,341.00
8 Nebius 49.14 Bn 39.51 Bn 295.20 Mn 621.70 Mn
9 Reddit 30.18 Bn 27.39 Bn 734.60 Mn 89.14 Mn
10 Tencent Music Entertainment 26.87 Bn 24.17 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