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 | 33.22 Bn | 30.45 Bn | 511.94 Mn | 51.74 Mn | |
| 6 | 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| Date | Value |
|---|---|
| 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 |