Discontinued — last reported Q3 '24

Business Segments · Operating Lease, Right-of-Use Asset

Mexico — Operating Lease, Right-of-Use Asset

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.

Analysis

StatementSegment
CategoryCapital Allocation
SignalContext dependent
VolatilityStable
First reportedQ4 2022
Last reportedQ3 2024

How to read this metric

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.

Detailed definition

This metric represents the capitalized value of right-of-use assets arising from operating leases for facilities, wareho...

Peer comparison

Comparable to right-of-use asset disclosures under IFRS 16 or ASC 842 for companies with significant leased real estate or logistics footprints.

Metric ID: meli_segment_mexico_operating_lease_right_of_use_asset

Historical Data

8 periods
 Q4 '22Q1 '23Q2 '23Q3 '23Q4 '23Q1 '24Q2 '24Q3 '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%
Range$245.00M$421.00M
CAGR+36.3%
Avg YoY Growth+34.9%
Median YoY Growth+35.5%

Frequently Asked Questions

What is Mercado Libre's mexico — operating lease, right-of-use asset?
Mercado Libre (MELI) reported mexico — operating lease, right-of-use asset of $421.00M in Q3 2024.
How has Mercado Libre's mexico — operating lease, right-of-use asset changed year-over-year?
Mercado Libre's mexico — operating lease, right-of-use asset increased by 27.6% year-over-year, from $330.00M to $421.00M.
What does mexico — operating lease, right-of-use asset mean?
The balance sheet value of leased physical assets like warehouses and offices used in a specific region.