Discontinued — last reported Q3 '24
Mercado Libre Mexico — Operating Lease, Right-of-Use Asset increased by 25.7% to $421.00M in Q3 2024 compared to the prior quarter. Year-over-year, this metric grew by 27.6%, from $330.00M to $421.00M.
An increase typically signals aggressive expansion of physical infrastructure and logistics capacity, whereas a decrease may indicate a shift toward asset-light models or lease expirations.
This metric represents the capitalized value of right-of-use assets arising from operating leases for facilities, wareho...
Comparable to right-of-use asset disclosures under IFRS 16 or ASC 842 for companies with significant leased real estate or logistics footprints.
meli_segment_mexico_operating_lease_right_of_use_asset| Q4 '22 | Q1 '23 | Q2 '23 | Q3 '23 | Q4 '23 | Q1 '24 | Q2 '24 | Q3 '24 | |
|---|---|---|---|---|---|---|---|---|
| Value | $245.00M | $262.00M | $295.00M | $330.00M | $380.00M | $376.00M | $335.00M | $421.00M |
| QoQ Change | — | +6.9% | +12.6% | +11.9% | +15.2% | -1.1% | -10.9% | +25.7% |
| YoY Change | — | — | — | — | +55.1% | +43.5% | +13.6% | +27.6% |