AutoZone (MEX:AZO) Accounts Payable: MXN145,760 Mil (As of May. 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

MEX:AZO AutoZone Inc MEX:AZO
93 GF Score
Price MXN51,780.00
GF Value MXN65,616.49
Valuation Modestly Undervalued
! 3 Warning Signs
View Full Analysis

What is AutoZone Accounts Payable?

AutoZone MEX:AZO 93 Accounts Payable is MXN145,760 Mil as of May. 2026. GuruFocus rates MEX:AZO with a GF Score™ of 93/100 and a GF Value™ of MXN65,616.49 (Modestly Undervalued). The stock has 3 warning signs investors should review.

AutoZone's Accounts Payable for the quarter that ended in May. 2026 was MXN145,760 Mil.

AutoZone's quarterly Accounts Payable declined from Nov. 2025 (MXN151,368 Mil) to Feb. 2026 (MXN142,889 Mil) but then increased from Feb. 2026 (MXN142,889 Mil) to May. 2026 (MXN145,760 Mil).

AutoZone's annual Accounts Payable increased from Aug. 2023 (MXN121,565 Mil) to Aug. 2024 (MXN145,095 Mil) and increased from Aug. 2024 (MXN145,095 Mil) to Aug. 2025 (MXN151,367 Mil).

AutoZone Accounts Payable Historical Data

* Premium members only.

The historical data trend for AutoZone'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.

AutoZone Accounts Payable Chart

AutoZone Annual Data
Trend Aug16 Aug17 Aug18 Aug19 Aug20 Aug21 Aug22 Aug23 Aug24 Aug25
Accounts Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 120,723.51 146,654.86 121,564.83 145,094.95 151,366.57

AutoZone Quarterly Data
Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24 May24 Aug24 Nov24 Feb25 May25 Aug25 Nov25 Feb26 May26
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 153,253.36 151,366.57 151,367.93 142,889.38 145,760.48
MEX:AZO
93GF Score
AutoZone Inc MEX:AZO
Accounts Payable is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

AutoZone 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 MXN145,760 Mil mean?
AutoZone (MEX:AZO) has a Accounts Payable of MXN145,760 Mil as of May. 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 AutoZone and its competitors.
Is AutoZone's Accounts Payable too high?
AutoZone's current Accounts Payable is MXN145,760 Mil. Overall, AutoZone has a GF Score™ of 93/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does AutoZone's Accounts Payable compare to ORLY and GPC?
AutoZone's Accounts Payable of MXN145,760 Mil can be compared against companies in the Vehicles & Parts 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 a Vehicles & Parts company?
A good Accounts Payable depends on the Vehicles & Parts 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 AutoZone and its competitors. AutoZone's current Accounts Payable is MXN145,760 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is AutoZone stock overvalued right now?
Based on GuruFocus' analysis, AutoZone (MEX:AZO) is currently considered Modestly Undervalued. The stock's GF Value™ is MXN65,616.49, compared to a current price of MXN51,780.00 — trading 21.1% below its estimated fair value. The current Accounts Payable is MXN145,760 Mil. AutoZone's overall GF Score™ is 93/100 with 3 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 AutoZone (MEX:AZO), the current Accounts Payable is MXN145,760 Mil as of May. 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 AutoZone (MEX:AZO) Overvalued in 2026?

Based on GuruFocus' analysis, AutoZone stock appears to be undervalued. The current stock price of MXN51,780.00 is trading 21.1% below its estimated GF Value™ of MXN65,616.49. GuruFocus considers AutoZone to be Modestly Undervalued.

Key valuation signals for MEX:AZO:

  • Accounts Payable: MXN145,760 Mil
  • GF Value™: MXN65,616.49 vs. price of MXN51,780.00 (21.1% below fair value)
  • GF Score™: 93/100 with 3 warning signs

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

AutoZone Business Description

Address 123 South Front Street, Memphis, TN, USA, 38103
Founded in 1979, AutoZone is the largest US-based retailer of aftermarket automotive parts and accessories, operating over 7,600 stores and generating roughly $18.9 billion in fiscal 2025 sales. Beyond its primary home market (88% of total revenue), the company also maintains a growing presence in Mexico and Brazil. AutoZone caters to two core customer segments: do-it-yourself, which account for about 69% of its domestic sales, and commercial do-it-for-me customers, which represent the remaining 31%.
93GF Score

Get the complete analysis for MEX:AZO

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

MXN51,780.00
Price
MXN65,616.49
GF Value