Discontinued — last reported Q3 '24
Business Segments · Operating Lease, Right-of-Use Asset
Argentina — Operating Lease, Right-of-Use Asset
Mercado Libre Argentina — Operating Lease, Right-of-Use Asset decreased by 11.6% to $38.00M in Q3 2024 compared to the prior quarter. Year-over-year, this metric declined by 22.4%, from $49.00M to $38.00M.
Analysis
StatementSegment
CategoryCapital Allocation
SignalContext dependent
VolatilityStable
First reportedQ4 2022
Last reportedQ3 2024
Rolls up toOperating Lease ROU Assets
How to read this metric
An increase suggests capital investment in physical infrastructure to support growth, while a decrease may signal a shift toward asset-light models or consolidation of facilities.
Detailed definition
This metric represents the capitalized value of right-of-use assets derived from operating leases for facilities, logist...
Peer comparison
Similar to lease-related assets reported by other logistics-heavy e-commerce companies under IFRS 16 or ASC 842 accounting standards.
Metric ID:
meli_segment_argentina_operating_lease_right_of_use_assetHistorical Data
8 periods
| Q4 '22 | Q1 '23 | Q2 '23 | Q3 '23 | Q4 '23 | Q1 '24 | Q2 '24 | Q3 '24 | |
|---|---|---|---|---|---|---|---|---|
| Value | $53.00M | $51.00M | $51.00M | $49.00M | $51.00M | $46.00M | $43.00M | $38.00M |
| QoQ Change | — | -3.8% | +0.0% | -3.9% | +4.1% | -9.8% | -6.5% | -11.6% |
| YoY Change | — | — | — | — | -3.8% | -9.8% | -15.7% | -22.4% |
Range$38.00M – $53.00M
CAGR-17.3%
Avg YoY Growth-12.9%
Median YoY Growth-12.7%
Current Streak3 quarters decline
Similar Metrics at Other Companies
Frequently Asked Questions
- What is Mercado Libre's argentina — operating lease, right-of-use asset?
- Mercado Libre (MELI) reported argentina — operating lease, right-of-use asset of $38.00M in Q3 2024.
- How has Mercado Libre's argentina — operating lease, right-of-use asset changed year-over-year?
- Mercado Libre's argentina — operating lease, right-of-use asset decreased by 22.4% year-over-year, from $49.00M to $38.00M.
- What does argentina — operating lease, right-of-use asset mean?
- The total value of leased physical assets like warehouses and offices held by the company in Argentina.