Tencent Music Entertainment (TME) Receivables Refunds (2017 - 2024)
Tencent Music Entertainment (TME) has disclosed Receivables Refunds for 7 consecutive years, with $10.7 million as the latest value for Q4 2024.
- Quarterly Receivables Refunds fell 38.25% to $10.7 million in Q4 2024 from the year-ago period, while the trailing twelve-month figure was $10.7 million through Dec 2024, down 38.25% year-over-year, with the annual reading at $10.7 million for FY2024, 38.25% down from the prior year.
- Receivables Refunds for Q4 2024 was $10.7 million at Tencent Music Entertainment, down from $17.4 million in the prior quarter.
- The five-year high for Receivables Refunds was $25.4 million in Q4 2022, with the low at $10.7 million in Q4 2024.
- Average Receivables Refunds over 4 years is $18.7 million, with a median of $19.3 million recorded in 2021.
- The sharpest move saw Receivables Refunds increased 19.64% in 2022, then plummeted 38.25% in 2024.
- Over 4 years, Receivables Refunds stood at $21.3 million in 2021, then rose by 19.64% to $25.4 million in 2022, then crashed by 31.78% to $17.4 million in 2023, then plummeted by 38.25% to $10.7 million in 2024.
- According to Business Quant data, Receivables Refunds over the past three periods came in at $10.7 million, $17.4 million, and $25.4 million for Q4 2024, Q4 2023, and Q4 2022 respectively.