Tencent Music Entertainment (TME) Accounts Payables (2017 - 2026)
Tencent Music Entertainment's Accounts Payables was $990 million in Q2 2026, up 2.0% from $971 million a year earlier and up 10.6% from the prior quarter.
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Analysis
Tencent Music Entertainment (TME) Accounts Payables (2017 - 2026) Analysis & Trends
At the end of FY2025, Accounts Payables at Tencent Music Entertainment came in at $899 million, down 4.6% from FY2024.
- Accounts Payables shows a five-year compound annual growth rate of 112.0% (FY2020 to FY2025).
- In earlier years, Accounts Payables was $942 million in FY2024 (+33.6%), $705 million in FY2023 (-2.8%), $725 million in FY2022 and $15 million in FY2021 (-28.6%).
- The Q2 2026 figure marks the highest quarterly Accounts Payables since Q1 2025.
- Compared with a year earlier, Accounts Payables was higher in four of the last six quarters, with growth averaging 11.1%.
- The best year-over-year quarter for Accounts Payables over five years was Q4 2024 (growth of 37.7%); the worst was Q2 2022 (a decline of 50.0%).
- Per Business Quant data, TME's Accounts Payables in the three quarters before Q2 2026 was $895 million (Q1 2026), $886 million (Q4 2025) and $930 million (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Accounts Payables (Qtr) |
|---|---|---|---|---|---|
| 1 | Alphabet | 4,185.47 Bn | 3,943.00 Bn | 73.85 Bn | 20.26 Bn |
| 2 | Meta Platforms | 1,794.56 Bn | 1,497.08 Bn | 49.47 Bn | 15.89 Bn |
| 3 | Netflix | 292.71 Bn | 252.90 Bn | 6.52 Bn | 814.55 Mn |
| 4 | Alibaba Group Holding | 251.74 Bn | 65.51 Bn | 15.11 Bn | 60.83 Bn |
| 5 | Shopify | 221.57 Bn | 198.76 Bn | 1.71 Bn | 1.12 Bn |
| 6 | Uber Technologies | 142.45 Bn | 114.25 Bn | 6.38 Bn | 1.37 Bn |
| 7 | Booking Holdings | 124.83 Bn | 57.88 Bn | - | 5.15 Bn |
| 8 | PDD Holdings | 113.76 Bn | -130.01 Bn | 9.45 Bn | 11.33 Bn |
| 9 | Spotify Technology | 106.73 Bn | 64.23 Bn | 1.86 Bn | 1.51 Bn |
| 10 | Tencent Music Entertainment | 13.26 Bn | -9.47 Bn | 579.95 Mn | 988.58 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 988.58 Mn |
| Mar 31, 2026 | 893.57 Mn |
| Dec 31, 2025 | 898.21 Mn |
| Sep 30, 2025 | 929.71 Mn |
| Jun 30, 2025 | 969.87 Mn |
| Mar 31, 2025 | 1.00 Bn |
| Dec 31, 2024 | 942.57 Mn |
| Jun 30, 2024 | 855.63 Mn |
| Mar 31, 2024 | 760.12 Mn |
| Dec 31, 2023 | 704.38 Mn |
| Sep 30, 2023 | 691.79 Mn |
| Jun 30, 2023 | 719.41 Mn |
| Mar 31, 2023 | 774.34 Mn |
| Dec 31, 2022 | 717.78 Mn |
| Sep 30, 2022 | 679.12 Mn |
| Jun 30, 2022 | 7.16 Mn |
| Mar 31, 2022 | 14.65 Mn |
| Dec 31, 2021 | 679.37 Mn |
| Sep 30, 2021 | 14.37 Mn |
| Jun 30, 2021 | 14.39 Mn |
API Access
Tencent Music Entertainment Accounts Payables API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=accounts-payables&ticker=TME&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "accounts-payables", "ticker": "TME", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=accounts-payables&ticker=TME&period=max&api_key=YOUR_API_KEY");
const data = await res.json();