* 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 Payable Chart
MEX:TMEN vs PINS, SNAP, MTCH: Days Payable Comparison
For the Internet Content & Information subindustry, Tencent Music Entertainment Group'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 Music Entertainment Group Days Payable vs Interactive Media Industry
For the Interactive Media industry and Communication Services sector, Tencent Music Entertainment Group's Days Payable distribution charts can be found below:
* The bar in red indicates where Tencent Music Entertainment Group's Days Payable falls into.
Tencent Music Entertainment Group 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.
* 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 Payable of 129.21 as of Mar. 2026. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on Tencent Music Entertainment Group and its competitors. This is 66% above median its historical median of 78.01. Over the past decade, Tencent Music Entertainment Group's Days Payable has ranged from 45.53 to 133.55. According to the industry distribution chart, Tencent Music Entertainment Group ranks #131 out of 428 companies in the Interactive Media industry, placing it in the top 30.6%.
Is Tencent Music Entertainment Group's Days Payable too high?
Tencent Music Entertainment Group's current Days Payable of 129.21 is 66% above median its 10-year median of 78.01. Over the past 10 years, this metric has ranged from a low of 45.53 to a high of 133.55. The Interactive Media industry median Days Payable is 65.60. Tencent Music Entertainment Group's value of 129.21 is 97% above this industry median. Based on the distribution chart, Tencent Music Entertainment Group ranks #131 out of 428 companies in the Interactive Media industry, which is above the industry midpoint. 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 Payable compare to PINS and SNAP?
According to the Interactive Media industry distribution chart, Tencent Music Entertainment Group ranks #131 out of 428 companies for Days Payable. This puts Tencent Music Entertainment Group in the upper half of its industry. The industry median Days Payable is 65.60. Tencent Music Entertainment Group's value of 129.21 is 97% above this benchmark. Historically, Tencent Music Entertainment Group's own Days Payable has ranged from 45.53 to 133.55 over the past decade. While the company's 10-year median is 78.01 vs. the industry median of 65.60, Tencent Music Entertainment Group has consistently been above 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 Payable for an Interactive Media company?
The median Days Payable among Interactive Media companies is 65.60, based on 428 companies in the industry. Companies in the top quartile (top 25%) have a Days Payable significantly above this median, while those in the bottom quartile fall well below. However, Days Payable should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Tencent Music Entertainment Group's current Days Payable of 129.21 is 97% above 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 Payable mean?
A high Days Payable can signal that a stock is expensive relative to its fundamentals. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on Tencent Music Entertainment Group and its competitors. For the Interactive Media industry, the median Days Payable is 65.60 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Tencent Music Entertainment Group's current Days Payable is 129.21, which is 66% above median its own 10-year median of 78.01. 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 Payable is 129.21, which is 66% above median its 10-year median of 78.01 and 97% above the Interactive Media industry median of 65.60. 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 Payable calculated?
Days Payable is calculated from a company's financial statements. For Tencent Music Entertainment Group (MEX:TMEN), the current Days Payable is 129.21 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 Payable: 129.21 (66% above median its 10-year median of 78.01)
GF Value™: MXN270.92 vs. price of MXN145.80 (46.2% below fair value)
Industry Position: 97% above the Interactive Media median (#131 of 428)
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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