Inventory Turnover measures how fast the company turns over its inventory within a year.
Tencent Music Entertainment Group's Inventory Turnover for the
three
months ended in Mar. 2026 was 98.77.
Inventory-to-Revenue determines the ability of a company to manage their inventory levels. It measures the percentage of Inventories the company currently has on hand to support the current amount of Revenue.
Tencent Music Entertainment Group's Inventory-to-Revenue for the
three
months ended in Mar. 2026 was 0.01.
Tencent Music Entertainment Group (MEX:TMEN) Days Inventory Explanation
Days Inventory indicates the liquidity of the inventory. Generally, a lower Days Inventory is preferred as it indicates a shorter duration to clear off the inventory. An increase of the ratio may indicate the company's sales slowed. Similar ratios related to Days Inventory are:
1. Inventory Turnover measures how fast the company turns over its inventory within a year.
Tencent Music Entertainment Group's Inventory Turnover for the
three
months ended in Mar. 2026 is calculated as
2. Inventory-to-Revenue determines the ability of a company to manage their inventory levels. It measures the percentage of Inventories the company currently has on hand to support the current amount of Revenue.
Tencent Music Entertainment Group's Inventory to Revenue for the
three
months ended in Mar. 2026 is calculated as
* 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.
Be Aware
A lot of business are seasonable. It makes more sense to compare Days Inventory from the same period in the previous year instead of from the previous quarter.
Tencent Music Entertainment Group Days Inventory Related Terms
Tencent Music Entertainment Group Days Inventory Historical Data
* 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 Days Inventory Chart
MEX:TMEN vs PINS, SNAP, MTCH: Days Inventory Comparison
For the Internet Content & Information subindustry, Tencent Music Entertainment Group's Days Inventory, along with its competitors' market caps and Days Inventory 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 Music Entertainment Group Days Inventory vs Interactive Media Industry
For the Interactive Media industry and Communication Services sector, Tencent Music Entertainment Group's Days Inventory distribution charts can be found below:
* The bar in red indicates where Tencent Music Entertainment Group's Days Inventory falls into.
* 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 (MEX:TMEN) has a Days Inventory of 0.92 as of Mar. 2026. Days inventory represents the average amount of days a company holds inventory before selling it. View historical data on Tencent Music Entertainment Group and its competitors. This is 80% above median its historical median of 0.51. Over the past decade, Tencent Music Entertainment Group's Days Inventory has ranged from 0.23 to 1.63. According to the industry distribution chart, Tencent Music Entertainment Group ranks #21 out of 233 companies in the Interactive Media industry, placing it in the top 9%.
Is Tencent Music Entertainment Group's Days Inventory too high?
Tencent Music Entertainment Group's current Days Inventory of 0.92 is 80% above median its 10-year median of 0.51. Over the past 10 years, this metric has ranged from a low of 0.23 to a high of 1.63. The Interactive Media industry median Days Inventory is 18.69. Tencent Music Entertainment Group's value of 0.92 is 95.1% below this industry median. Based on the distribution chart, Tencent Music Entertainment Group ranks #21 out of 233 companies in the Interactive Media industry, which is in the top quartile — a strong position relative to peers. 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 Days Inventory compare to PINS and SNAP?
According to the Interactive Media industry distribution chart, Tencent Music Entertainment Group ranks #21 out of 233 companies for Days Inventory. This places Tencent Music Entertainment Group in the top 9% of its industry — outperforming the majority of peers. The industry median Days Inventory is 18.69. Tencent Music Entertainment Group's value of 0.92 is 95.1% below this benchmark. Historically, Tencent Music Entertainment Group's own Days Inventory has ranged from 0.23 to 1.63 over the past decade. While the company's 10-year median is 0.51 vs. the industry median of 18.69, Tencent Music Entertainment Group has consistently been below the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Days Inventory for an Interactive Media company?
The median Days Inventory among Interactive Media companies is 18.69, based on 233 companies in the industry. Companies in the top quartile (top 25%) have a Days Inventory significantly above this median, while those in the bottom quartile fall well below. However, Days Inventory should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Tencent Music Entertainment Group's current Days Inventory of 0.92 is 95.1% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Days Inventory mean?
A high Days Inventory can signal that a stock is expensive relative to its fundamentals. Days inventory represents the average amount of days a company holds inventory before selling it. View historical data on Tencent Music Entertainment Group and its competitors. For the Interactive Media industry, the median Days Inventory is 18.69 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Tencent Music Entertainment Group's current Days Inventory is 0.92, which is 80% above median its own 10-year median of 0.51. 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 MXN270.92, compared to a current price of MXN145.80 — trading 46.2% below its estimated fair value. The current Days Inventory is 0.92, which is 80% above median its 10-year median of 0.51 and 95.1% below the Interactive Media industry median of 18.69. 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 Days Inventory calculated?
Days Inventory is calculated from a company's financial statements. For Tencent Music Entertainment Group (MEX:TMEN), the current Days Inventory is 0.92 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 46.2% below its estimated GF Value™ of MXN270.92.
GuruFocus considers Tencent Music Entertainment Group to be Significantly Undervalued.
Key valuation signals for MEX:TMEN:
Days Inventory: 0.92 (80% above median its 10-year median of 0.51)
GF Value™: MXN270.92 vs. price of MXN145.80 (46.2% below fair value)
Industry Position: 95.1% below the Interactive Media median (#21 of 233)
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
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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