Tencent Holdings (LTS:0Z4S) Days Payable

: 126.79 (As of Sep. 2023)

View and export this data going back to 2018. Start your Free Trial

Tencent Holdings's average Accounts Payable for the three months ended in Sep. 2023 was HK$116,412 Mil. Tencent Holdings's Cost of Goods Sold for the three months ended in Sep. 2023 was HK$83,780 Mil. Hence, Tencent Holdings's Days Payable for the three months ended in Sep. 2023 was 126.79.

The historical rank and industry rank for Tencent Holdings's Days Payable or its related term are showing as below:

LTS:0Z4S' s Days Payable Range Over the Past 10 Years
Min: 91.56 Med: 117.7 Max: 135.7
Current: 115.59

During the past 13 years, Tencent Holdings's highest Days Payable was 135.70. The lowest was 91.56. And the median was 117.70.

LTS:0Z4S's Days Payable is ranked better than
65.67% of 434 companies
in the Interactive Media industry
Industry Median: 60.91 vs LTS:0Z4S: 115.59

Tencent Holdings's Days Payable increased from Sep. 2022 (122.65) to Sep. 2023 (126.79). It may suggest that Tencent Holdings delayed paying its suppliers.

Tencent Holdings Days Payable Historical Data

The historical data trend for Tencent Holdings's Days Payable can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Tencent Holdings Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

135.70

118.92

116.47

122.75

112.81

Tencent Holdings Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Days Payable																105.54	107.58	122.05	126.79	-

Competitive Comparison

For the Internet Content & Information subindustry, Tencent Holdings's Days Payable, along with its competitors' market caps and Days Payable data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Tencent Holdings Days Payable Distribution

For the Interactive Media industry and Communication Services sector, Tencent Holdings's Days Payable distribution charts can be found below:

* The bar in red indicates where Tencent Holdings's Days Payable falls into.

Tencent Holdings Days Payable Calculation

Days Payable indicates the number of days that the account payable relative to cost of goods sold the company has. An increase of Days Payable may suggest that the company delays paying its suppliers.

Tencent Holdings's Days Payable for the fiscal year that ended in Dec. 2023 is calculated as

	Days Payable (A: Dec. 2023 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Dec. 2022 )	+	Accounts Payable (A: Dec. 2023 ))	/	count )	/	Cost of Goods Sold (A: Dec. 2023 )	*	Days in Period
=	( (103163.222	+	110414.791)	/	2 )	/	345531.313	*	365
=	106789.0065					/	345531.313	*	365
=	112.81

Tencent Holdings's Days Payable for the quarter that ended in Sep. 2023 is calculated as:

	Days Payable (Q: Sep. 2023 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Jun. 2023 )	+	Accounts Payable (Q: Sep. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Sep. 2023 )	*	Days in Period
=	( (112766.587	+	120058.311)	/	2 )	/	83780.472	*	365 / 4
=	116412.449					/	83780.472	*	365 / 4
=	126.79

Tencent Holdings Days Payable Related Terms

Thank you for viewing the detailed overview of Tencent Holdings's Days Payable provided by GuruFocus.com. Please click on the following links to see related term pages.

Tencent Holdings (LTS:0Z4S) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Interactive Media » Tencent Holdings Ltd (LTS:0Z4S) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

TCTZF:USA TCEHY:USA TCEHY:Mexico 00700:Hong Kong NNN:Germany NNND:Austria

Address

No. 33 Haitian 2nd Road, Tencent Binhai Towers, Nanshan District, Shenzhen, CHN, 518054

Website

http://www.tencent.com

Tencent is arguably the most influential internet firm in China as one can hardly go by a day without using its products. Tencent is the world's largest video game vendor and owns the world's top-grossing mobile game--Honor of Kings. Tencent also runs China's largest social media super app--WeChat. The app is now part of the fabric of life for Chinese people who use it to chat, shop, watch videos, play games, order food and taxis, and more. Equally as impressive as its own portfolio, Tencent is also among the world's largest venture capital and investment corporations. The firm is now one of the largest shareholders in leading tech companies like Meituan, JD, DiDi, Snap, PDD, Kuaishou, Epic Games, and more.

Tencent Holdings (LTS:0Z4S) Headlines

No Headlines