Modec (MDIKF) Accounts Payable: $1,112 Mil (As of Mar. 2026)

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MDIKF Modec Inc MDIKF
58 GF Score
Price $82.01
GF Value $32.12
! 2 Warning Signs
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What is Modec Accounts Payable?

Modec MDIKF 58 Accounts Payable is $1,112 Mil as of Mar. 2026. GuruFocus rates MDIKF with a GF Score™ of 58/100 and a GF Value™ of $32.12. The stock has 2 warning signs investors should review.

Modec's Accounts Payable for the quarter that ended in Mar. 2026 was $1,112 Mil.

Modec's quarterly Accounts Payable declined from Sep. 2025 ($1,301 Mil) to Dec. 2025 ($1,121 Mil) and declined from Dec. 2025 ($1,121 Mil) to Mar. 2026 ($1,112 Mil).

Modec's annual Accounts Payable increased from Dec. 2023 ($1,189 Mil) to Dec. 2024 ($1,327 Mil) but then declined from Dec. 2024 ($1,327 Mil) to Dec. 2025 ($1,121 Mil).

Modec Accounts Payable Historical Data

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The historical data trend for Modec's Accounts Payable can be seen below:

* 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.

Modec Accounts Payable Chart

Modec Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Accounts Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1,356.47 921.71 1,189.23 1,327.00 1,121.32

Modec Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Accounts Payable Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 1,250.14 1,312.03 1,300.63 1,121.32 1,111.73
MDIKF
58GF Score
Modec Inc MDIKF
Accounts Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Modec Accounts Payable Calculation

Accounts Payable represents any money that a company owes its suppliers for goods and services purchased on credit and is expected to pay within the next year or operating cycle.

Frequently Asked Questions Learn more about Accounts Payable →
What does a Accounts Payable of $1,112 Mil mean?
Modec (MDIKF) has a Accounts Payable of $1,112 Mil as of Mar. 2026. Accounts Payable is any money that a company owes for goods and services purchased on credit and is expected to pay within the next year. View historical data on Modec and its competitors.
Is Modec's Accounts Payable too high?
Modec's current Accounts Payable is $1,112 Mil. Overall, Modec has a GF Score™ of 58/100, reflecting its overall financial health beyond just this single metric.
How does Modec's Accounts Payable compare to SLB and BKR?
Modec's Accounts Payable of $1,112 Mil can be compared against companies in the Oil & Gas industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Accounts Payable for an Oil & Gas company?
A good Accounts Payable depends on the Oil & Gas industry context. However, Accounts Payable should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Accounts Payable mean?
A high Accounts Payable can signal that a stock is expensive relative to its fundamentals. Accounts Payable is any money that a company owes for goods and services purchased on credit and is expected to pay within the next year. View historical data on Modec and its competitors. Modec's current Accounts Payable is $1,112 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Modec stock overvalued right now?
Modec (MDIKF) has a current Accounts Payable of $1,112 Mil. The stock's GF Value™ is $32.12, compared to a current price of $82.01 — trading 155.3% above its estimated fair value. The current Accounts Payable is $1,112 Mil. Modec's overall GF Score™ is 58/100 with 2 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Accounts Payable calculated?
Accounts Payable is calculated from a company's financial statements. For Modec (MDIKF), the current Accounts Payable is $1,112 Mil 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 Modec (MDIKF) Overvalued in 2026?

Based on GuruFocus' analysis, Modec stock appears to be overvalued. The current stock price of $82.01 is trading 155.3% above its estimated GF Value™ of $32.12.

Key valuation signals for MDIKF:

  • Accounts Payable: $1,112 Mil
  • GF Value™: $32.12 vs. price of $82.01 (155.3% above fair value)
  • GF Score™: 58/100 with 2 warning signs

No single metric tells the full story. See the MDIKF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Modec Business Description

Industry EnergyOil & Gas
Other Exchanges 6269:Japan
Address 3-10 Nihonbashi Maruzen Tokyu Building 4th & 5th Floors, 2-chome Chuo-ku, Nihonbashi, Tokyo, JPN, 100-0027
Modec Inc operates as a general contractor with specialization in engineering, procurement, construction, and installation of floating production systems. It offers floating production storage and offloading vessels, floating storage and offloading vessels, tension leg platforms, semisubmersibles, and mobile offshore production units. The company also offers operation of its production systems and maintenance services across the globe. Although Modec services offshore markets worldwide, the majority of revenue is derived from Brazilian markets. Modec's vessels are designed to retrieve fluids and gases from reservoirs ranging from subsea to deepwater.
58GF Score

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Accounts Payable is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$82.01
Price
$32.12
GF Value