Tencent Music Entertainment Group (MEX:TMEN) Accounts Payable: MXN16,159 Mil (As of Mar. 2026)


MEX:TMEN Tencent Music Entertainment Group MEX:TMEN
78 GF Score
Price MXN145.80
GF Value MXN274.19
Valuation Significantly Undervalued
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What is Tencent Music Entertainment Group Accounts Payable?

Tencent Music Entertainment Group MEX:TMEN 78 Accounts Payable is MXN16,159 Mil as of Mar. 2026. GuruFocus rates MEX:TMEN with a GF Score™ of 78/100 and a GF Value™ of MXN274.19 (Significantly Undervalued).

Tencent Music Entertainment Group's Accounts Payable for the quarter that ended in Mar. 2026 was MXN16,159 Mil.

Tencent Music Entertainment Group's quarterly Accounts Payable declined from Sep. 2025 (MXN17,045 Mil) to Dec. 2025 (MXN16,065 Mil) but then increased from Dec. 2025 (MXN16,065 Mil) to Mar. 2026 (MXN16,159 Mil).

Tencent Music Entertainment Group's annual Accounts Payable increased from Dec. 2023 (MXN11,901 Mil) to Dec. 2024 (MXN19,705 Mil) but then declined from Dec. 2024 (MXN19,705 Mil) to Dec. 2025 (MXN16,065 Mil).

Tencent Music Entertainment Group Accounts Payable Related Terms

Tencent Music Entertainment Group Accounts Payable Historical Data

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The historical data trend for Tencent Music Entertainment Group's Accounts 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.

Tencent Music Entertainment Group Accounts Payable Chart

Tencent Music Entertainment Group Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Accounts Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 13,942.68 13,976.65 11,900.66 19,705.02 16,064.83

Tencent Music Entertainment Group Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Accounts Payable Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 20,589.99 18,240.76 17,045.03 16,064.83 16,159.07
MEX:TMEN
78GF Score
Tencent Music Entertainment Group MEX:TMEN
Accounts Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Tencent Music Entertainment Group Accounts Payable Calculation

Accounts Payable represents any money that a company owes its suppliers for goods and services purchased on credit and is expected to pay within the next year or operating cycle.

Frequently Asked Questions Learn more about Accounts Payable →
What does a Accounts Payable of MXN16,159 Mil mean?
Tencent Music Entertainment Group (MEX:TMEN) has a Accounts Payable of MXN16,159 Mil as of Mar. 2026. Accounts Payable is any money that a company owes for goods and services purchased on credit and is expected to pay within the next year. View historical data on Tencent Music Entertainment Group and its competitors.
Is Tencent Music Entertainment Group's Accounts Payable too high?
Tencent Music Entertainment Group's current Accounts Payable is MXN16,159 Mil. Overall, Tencent Music Entertainment Group has a GF Score™ of 78/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Tencent Music Entertainment Group's Accounts Payable compare to PINS and SNAP?
Tencent Music Entertainment Group's Accounts Payable of MXN16,159 Mil can be compared against companies in the Interactive Media industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Accounts Payable for an Interactive Media company?
A good Accounts Payable depends on the Interactive Media industry context. However, Accounts Payable should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Accounts Payable mean?
A high Accounts Payable can signal that a stock is expensive relative to its fundamentals. Accounts Payable is any money that a company owes for goods and services purchased on credit and is expected to pay within the next year. View historical data on Tencent Music Entertainment Group and its competitors. Tencent Music Entertainment Group's current Accounts Payable is MXN16,159 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Tencent Music Entertainment Group stock overvalued right now?
Based on GuruFocus' analysis, Tencent Music Entertainment Group (MEX:TMEN) is currently considered Significantly Undervalued. The stock's GF Value™ is MXN274.19, compared to a current price of MXN145.80 — trading 46.8% below its estimated fair value. The current Accounts Payable is MXN16,159 Mil. Tencent Music Entertainment Group's overall GF Score™ is 78/100. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Accounts Payable calculated?
Accounts Payable is calculated from a company's financial statements. For Tencent Music Entertainment Group (MEX:TMEN), the current Accounts Payable is MXN16,159 Mil as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Tencent Music Entertainment Group (MEX:TMEN) Overvalued in 2026?

Based on GuruFocus' analysis, Tencent Music Entertainment Group stock appears to be undervalued. The current stock price of MXN145.80 is trading 46.8% below its estimated GF Value™ of MXN274.19. GuruFocus considers Tencent Music Entertainment Group to be Significantly Undervalued.

Key valuation signals for MEX:TMEN:

  • Accounts Payable: MXN16,159 Mil
  • GF Value™: MXN274.19 vs. price of MXN145.80 (46.8% below fair value)
  • GF Score™: 78/100

No single metric tells the full story. See the MEX:TMEN stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Tencent Music Entertainment Group Business Description

Address Kexing Science Park, Kejizhongsan Avenue, Unit 3, Building D, Hi-Tech Park, Nanshan District, Shenzhen, CHN, 518057
Tencent Music is the largest online music streaming platform in China, established in 2016 through the merger of QQ Music, Kuwo Music, and Kugou Music. Tencent, its largest shareholder, holds over 50% of the shares and more than 90% of the voting rights. Beyond streaming services, Tencent Music generates revenue through a diverse range of offerings, including podcasts, livestreaming, concerts, and karaoke.
78GF Score

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Accounts Payable is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

MXN145.80
Price
MXN274.19
GF Value