Discontinued — last reported Q3 '24
Mercado Libre Brazil — Operating Lease, Right-of-Use Asset increased by 32.4% to $437.00M in Q3 2024 compared to the prior quarter. Year-over-year, this metric grew by 25.2%, from $349.00M to $437.00M.
An increase typically signals aggressive investment in physical infrastructure and logistics capacity, whereas a decrease may indicate asset optimization or a shift toward asset-light models.
This metric reflects the capitalized value of right-of-use assets arising from operating leases for facilities, warehous...
Comparable to right-of-use asset balances reported under IFRS 16 or ASC 842 by logistics-heavy retail and e-commerce companies.
meli_segment_brazil_operating_lease_right_of_use_asset| Q4 '22 | Q1 '23 | Q2 '23 | Q3 '23 | Q4 '23 | Q1 '24 | Q2 '24 | Q3 '24 | |
|---|---|---|---|---|---|---|---|---|
| Value | $286.00M | $308.00M | $357.00M | $349.00M | $396.00M | $381.00M | $330.00M | $437.00M |
| QoQ Change | — | +7.7% | +15.9% | -2.2% | +13.5% | -3.8% | -13.4% | +32.4% |
| YoY Change | — | — | — | — | +38.5% | +23.7% | -7.6% | +25.2% |