McCormick (MEX:MKC) Accounts Payable: MXN26,287 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:MKC McCormick & Co Inc MEX:MKC
65 GF Score
Price MXN932.00
GF Value MXN1,355.04
Valuation Significantly Undervalued
! 5 Warning Signs
View Full Analysis

What is McCormick Accounts Payable?

McCormick MEX:MKC -0.85% 65 Accounts Payable is MXN26,287 Mil as of May. 2026. GuruFocus rates MEX:MKC with a GF Score™ of 65/100 and a GF Value™ of MXN1,355.04 (Significantly Undervalued). The stock has 5 warning signs investors should review.

McCormick's Accounts Payable for the quarter that ended in May. 2026 was MXN26,287 Mil.

McCormick's quarterly Accounts Payable increased from Nov. 2025 (MXN23,072 Mil) to Feb. 2026 (MXN23,964 Mil) and increased from Feb. 2026 (MXN23,964 Mil) to May. 2026 (MXN26,287 Mil).

McCormick's annual Accounts Payable increased from Nov. 2023 (MXN19,449 Mil) to Nov. 2024 (MXN25,233 Mil) but then declined from Nov. 2024 (MXN25,233 Mil) to Nov. 2025 (MXN23,072 Mil).

McCormick Accounts Payable Historical Data

* Premium members only.

The historical data trend for McCormick'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.

McCormick Accounts Payable Chart

McCormick Annual Data
Trend Nov16 Nov17 Nov18 Nov19 Nov20 Nov21 Nov22 Nov23 Nov24 Nov25
Accounts Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 22,830.28 22,677.59 19,448.73 25,233.40 23,072.48

McCormick 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 22,886.72 22,572.24 23,072.48 23,964.33 26,286.68
MEX:MKC
65GF Score
McCormick & Co Inc MEX:MKC
Accounts Payable is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

McCormick 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 MXN26,287 Mil mean?
McCormick (MEX:MKC) has a Accounts Payable of MXN26,287 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 McCormick and its competitors.
Is McCormick's Accounts Payable too high?
McCormick's current Accounts Payable is MXN26,287 Mil. Overall, McCormick has a GF Score™ of 65/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does McCormick's Accounts Payable compare to JBS and HRL?
McCormick's Accounts Payable of MXN26,287 Mil can be compared against companies in the Consumer Packaged Goods 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 Consumer Packaged Goods company?
A good Accounts Payable depends on the Consumer Packaged Goods 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 McCormick and its competitors. McCormick's current Accounts Payable is MXN26,287 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is McCormick stock overvalued right now?
Based on GuruFocus' analysis, McCormick (MEX:MKC) is currently considered Significantly Undervalued. The stock's GF Value™ is MXN1,355.04, compared to a current price of MXN932.00 — trading 31.2% below its estimated fair value. The current Accounts Payable is MXN26,287 Mil. McCormick's overall GF Score™ is 65/100 with 5 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 McCormick (MEX:MKC), the current Accounts Payable is MXN26,287 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 McCormick (MEX:MKC) Overvalued in 2026?

Based on GuruFocus' analysis, McCormick stock appears to be undervalued. The current stock price of MXN932.00 is trading 31.2% below its estimated GF Value™ of MXN1,355.04. GuruFocus considers McCormick to be Significantly Undervalued.

Key valuation signals for MEX:MKC:

  • Accounts Payable: MXN26,287 Mil
  • GF Value™: MXN1,355.04 vs. price of MXN932.00 (31.2% below fair value)
  • GF Score™: 65/100 with 5 warning signs

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

McCormick Business Description

Address 24 Schilling Road, Suite 1, Hunt Valley, MD, USA, 21031
In its 135-plus-year history, McCormick has become the leading global manufacturer of spices, herbs, extracts, seasonings, and other flavorings. In addition to its namesake brand, the firm's portfolio includes Old Bay, Zatarain's, Thai Kitchen, Frank's RedHot, French's, and Cholula. This mix will be complemented by the pending addition of Unilever's food brands, primarily Knorr cooking aids and Hellmann's mayonnaise. After the deal close, the combined business is slated to generate 70% of sales from consumers and 30% from restaurants and other packaged food and beverage manufacturers. Around 40% of sales are slated to come from faster-growing emerging markets, with Europe (23%) and North America (36%) accounting for the remainder.
65GF Score

Get the complete analysis for MEX:MKC

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

MXN932.00
Price
MXN1,355.04
GF Value