Tencent Days Payables Outstanding from 2010 to 2025

TME Stock  USD 14.34  0.06  0.42%   
Tencent Music's Days Payables Outstanding is increasing over the years with stable fluctuation. Overall, Days Payables Outstanding is expected to go to 211.40 this year. During the period from 2010 to 2025 Tencent Music Days Payables Outstanding annual values regression line had geometric mean of  99.60 and mean square error of  2,149. View All Fundamentals
 
Days Payables Outstanding  
First Reported
2010-12-31
Previous Quarter
201.33396434
Current Value
211.4
Quarterly Volatility
45.87021206
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Tencent Music financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Tencent Music's main balance sheet or income statement drivers, such as Tax Provision of 996.2 M, Net Interest Income of 1.1 B or Interest Income of 1.3 B, as well as many indicators such as Price To Sales Ratio of 4.34, Dividend Yield of 5.0E-4 or PTB Ratio of 3.81. Tencent financial statements analysis is a perfect complement when working with Tencent Music Valuation or Volatility modules.
  
Check out the analysis of Tencent Music Correlation against competitors.

Latest Tencent Music's Days Payables Outstanding Growth Pattern

Below is the plot of the Days Payables Outstanding of Tencent Music Entertainment over the last few years. It is Tencent Music's Days Payables Outstanding historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Tencent Music's overall financial position and show how it may be relating to other accounts over time.
Days Payables Outstanding10 Years Trend
Pretty Stable
   Days Payables Outstanding   
       Timeline  

Tencent Days Payables Outstanding Regression Statistics

Arithmetic Mean107.91
Geometric Mean99.60
Coefficient Of Variation42.51
Mean Deviation32.06
Median116.42
Standard Deviation45.87
Sample Variance2,104
Range158
R-Value0.22
Mean Square Error2,149
R-Squared0.05
Significance0.42
Slope2.08
Total Sum of Squares31,561

Tencent Days Payables Outstanding History

2025 211.4
2024 201.33
2023 101.75
2022 93.24
2021 72.35
2020 65.55
2019 55.73

About Tencent Music Financial Statements

Tencent Music stakeholders use historical fundamental indicators, such as Tencent Music's Days Payables Outstanding, to determine how well the company is positioned to perform in the future. Although Tencent Music investors may analyze each financial statement separately, they are all interrelated. For example, changes in Tencent Music's assets and liabilities are reflected in the revenues and expenses on Tencent Music's income statement, which ultimately affect the company's gains or losses. Understanding these patterns can help in making the right long-term investment decisions in Tencent Music Entertainment. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Days Payables Outstanding 201.33  211.40 

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When determining whether Tencent Music Entert is a strong investment it is important to analyze Tencent Music's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Tencent Music's future performance. For an informed investment choice regarding Tencent Stock, refer to the following important reports:
Check out the analysis of Tencent Music Correlation against competitors.
You can also try the Watchlist Optimization module to optimize watchlists to build efficient portfolios or rebalance existing positions based on the mean-variance optimization algorithm.
Is Movies & Entertainment space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Tencent Music. If investors know Tencent will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Tencent Music listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
0.53
Dividend Share
1.314
Earnings Share
0.6
Revenue Per Share
18.417
Quarterly Revenue Growth
0.082
The market value of Tencent Music Entert is measured differently than its book value, which is the value of Tencent that is recorded on the company's balance sheet. Investors also form their own opinion of Tencent Music's value that differs from its market value or its book value, called intrinsic value, which is Tencent Music's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Tencent Music's market value can be influenced by many factors that don't directly affect Tencent Music's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Tencent Music's value and its price as these two are different measures arrived at by different means. Investors typically determine if Tencent Music is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Tencent Music's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.