GitLab (MEX:GTLB) Accounts Payable: MXN155 Mil (As of Apr. 2026)


MEX:GTLB GitLab Inc MEX:GTLB
54 GF Score
Price MXN596.29
GF Value MXN1,318.86
Valuation Significantly Undervalued
! 1 Warning Sign
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What is GitLab Accounts Payable?

GitLab MEX:GTLB 54 Accounts Payable is MXN155 Mil as of Apr. 2026. GuruFocus rates MEX:GTLB with a GF Score™ of 54/100 and a GF Value™ of MXN1,318.86 (Significantly Undervalued). The stock has 1 warning sign investors should review.

GitLab's Accounts Payable for the quarter that ended in Apr. 2026 was MXN155 Mil.

GitLab's quarterly Accounts Payable declined from Oct. 2025 (MXN170 Mil) to Jan. 2026 (MXN160 Mil) and declined from Jan. 2026 (MXN160 Mil) to Apr. 2026 (MXN155 Mil).

GitLab's annual Accounts Payable increased from Jan. 2024 (MXN30 Mil) to Jan. 2025 (MXN155 Mil) and increased from Jan. 2025 (MXN155 Mil) to Jan. 2026 (MXN160 Mil).

GitLab Accounts Payable Historical Data

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The historical data trend for GitLab'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.

GitLab Accounts Payable Chart

GitLab Annual Data
Trend Jan20 Jan21 Jan22 Jan23 Jan24 Jan25 Jan26
Accounts Payable
Get a 7-Day Free Trial 102.86 97.45 29.85 155.11 159.70

GitLab Quarterly Data
Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24 Oct24 Jan25 Apr25 Jul25 Oct25 Jan26 Apr26
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 221.15 214.19 170.39 159.70 154.97
MEX:GTLB
54GF Score
GitLab Inc MEX:GTLB
Accounts Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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GitLab 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 MXN155 Mil mean?
GitLab (MEX:GTLB) has a Accounts Payable of MXN155 Mil as of Apr. 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 GitLab and its competitors.
Is GitLab's Accounts Payable too high?
GitLab's current Accounts Payable is MXN155 Mil. Overall, GitLab has a GF Score™ of 54/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does GitLab's Accounts Payable compare to ACIW and WEX?
GitLab's Accounts Payable of MXN155 Mil can be compared against companies in the Software 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 Software company?
A good Accounts Payable depends on the Software 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 GitLab and its competitors. GitLab's current Accounts Payable is MXN155 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is GitLab stock overvalued right now?
Based on GuruFocus' analysis, GitLab (MEX:GTLB) is currently considered Significantly Undervalued. The stock's GF Value™ is MXN1,318.86, compared to a current price of MXN596.29 — trading 54.8% below its estimated fair value. The current Accounts Payable is MXN155 Mil. GitLab's overall GF Score™ is 54/100 with 1 warning sign 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 GitLab (MEX:GTLB), the current Accounts Payable is MXN155 Mil as of Apr. 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 GitLab (MEX:GTLB) Overvalued in 2026?

Based on GuruFocus' analysis, GitLab stock appears to be undervalued. The current stock price of MXN596.29 is trading 54.8% below its estimated GF Value™ of MXN1,318.86. GuruFocus considers GitLab to be Significantly Undervalued.

Key valuation signals for MEX:GTLB:

  • Accounts Payable: MXN155 Mil
  • GF Value™: MXN1,318.86 vs. price of MXN596.29 (54.8% below fair value)
  • GF Score™: 54/100 with 1 warning sign

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

GitLab Business Description

Address 268 Bush Street, Suite 350, San Francisco, CA, USA, 94104-3503
GitLab Inc operates on an all-remote model. GitLab is a complete DevSecOps platform delivered as a single application. It operates in two competitive landscapes: DevOps point solutions and DevOps platforms. In terms of point solutions that are stitched together, GitLab's offering is substantially different in that it is one platform, one codebase, one interface, and a unified data model that spans the entire DevSecOps lifecycle. DevOps platforms, the principal competitor is Microsoft Corporation, following their acquisition of GitHub. GitLab is offered on both self-managed and software-as-a-service (SaaS) models. It is located in the United States, Europe, & the Asia Pacific. It focused on accelerating innovation & broadening the distribution of its platform to companies across the world.
54GF Score

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

MXN596.29
Price
MXN1,318.86
GF Value