Tencent Music Entertainment (TME) Inventory (2017 - 2024)
Tencent Music Entertainment (TME) has disclosed Inventory for 8 consecutive years, with $3.2 million as the latest value for Q4 2024.
- Quarterly Inventory rose 188.18% to $3.2 million in Q4 2024 from the year-ago period, while the trailing twelve-month figure was $3.2 million through Dec 2024, up 188.18% year-over-year, with the annual reading at $3.2 million for FY2024, 188.18% up from the prior year.
- Inventory for Q4 2024 was $3.2 million at Tencent Music Entertainment, up from $1.1 million in the prior quarter.
- The five-year high for Inventory was $3.8 million in Q4 2021, with the low at $1.1 million in Q4 2023.
- Average Inventory over 5 years is $2.6 million, with a median of $2.7 million recorded in 2020.
- The sharpest move saw Inventory crashed 47.56% in 2022, then skyrocketed 188.18% in 2024.
- Over 5 years, Inventory stood at $2.7 million in 2020, then soared by 38.21% to $3.8 million in 2021, then plummeted by 47.56% to $2.0 million in 2022, then tumbled by 43.55% to $1.1 million in 2023, then soared by 188.18% to $3.2 million in 2024.
- According to Business Quant data, Inventory over the past three periods came in at $3.2 million, $1.1 million, and $2.0 million for Q4 2024, Q4 2023, and Q4 2022 respectively.