Tencent Music Entertainment (TME) Receivables - Net (2017 - 2024)
Tencent Music Entertainment (TME) has disclosed Receivables - Net for 8 consecutive years, with $488.4 million as the latest value for Q4 2024.
- Quarterly Receivables - Net rose 17.41% to $488.4 million in Q4 2024 from the year-ago period, while the trailing twelve-month figure was $488.4 million through Dec 2024, up 17.41% year-over-year, with the annual reading at $488.4 million for FY2024, 17.41% up from the prior year.
- Receivables - Net for Q4 2024 was $488.4 million at Tencent Music Entertainment, up from $416.0 million in the prior quarter.
- The five-year high for Receivables - Net was $567.8 million in Q4 2021, with the low at $384.0 million in Q4 2022.
- Average Receivables - Net over 5 years is $456.1 million, with a median of $424.6 million recorded in 2020.
- The sharpest move saw Receivables - Net skyrocketed 35.48% in 2020, then crashed 32.37% in 2022.
- Over 5 years, Receivables - Net stood at $424.6 million in 2020, then surged by 33.71% to $567.8 million in 2021, then plummeted by 32.37% to $384.0 million in 2022, then rose by 8.33% to $416.0 million in 2023, then rose by 17.41% to $488.4 million in 2024.
- According to Business Quant data, Receivables - Net over the past three periods came in at $488.4 million, $416.0 million, and $384.0 million for Q4 2024, Q4 2023, and Q4 2022 respectively.