Tencent Music Entertainment (TME) Inventory Average (2018 - 2024)
Tencent Music Entertainment (TME) has disclosed Inventory Average for 7 consecutive years, with $2.2 million as the latest value for Q4 2024.
- Quarterly Inventory Average rose 40.05% to $2.2 million in Q4 2024 from the year-ago period, while the trailing twelve-month figure was $2.2 million through Dec 2024, up 40.05% year-over-year, with the annual reading at $2.2 million for FY2024, 40.05% up from the prior year.
- Inventory Average for Q4 2024 was $2.2 million at Tencent Music Entertainment, up from $1.5 million in the prior quarter.
- The five-year high for Inventory Average was $3.2 million in Q4 2021, with the low at $1.5 million in Q4 2023.
- Average Inventory Average over 5 years is $2.6 million, with a median of $2.9 million recorded in 2022.
- The sharpest move saw Inventory Average plummeted 46.18% in 2023, then skyrocketed 40.05% in 2024.
- Over 5 years, Inventory Average stood at $3.2 million in 2020, then increased by 1.01% to $3.2 million in 2021, then dropped by 11.56% to $2.9 million in 2022, then tumbled by 46.18% to $1.5 million in 2023, then skyrocketed by 40.05% to $2.2 million in 2024.
- According to Business Quant data, Inventory Average over the past three periods came in at $2.2 million, $1.5 million, and $2.9 million for Q4 2024, Q4 2023, and Q4 2022 respectively.