Merlin Properties SOCIMI (MEX:MRLN) Accounts Payable: MXN4,191 Mil (As of Mar. 2026)

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MEX:MRLN Merlin Properties SOCIMI SA MEX:MRLN
83 GF Score
Price MXN286.60
GF Value MXN206.42
! 8 Warning Signs
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What is Merlin Properties SOCIMI Accounts Payable?

Merlin Properties SOCIMI MEX:MRLN 83 Accounts Payable is MXN4,191 Mil as of Mar. 2026. GuruFocus rates MEX:MRLN with a GF Score™ of 83/100 and a GF Value™ of MXN206.42. The stock has 8 warning signs investors should review.

Merlin Properties SOCIMI's Accounts Payable for the quarter that ended in Mar. 2026 was MXN4,191 Mil.

Merlin Properties SOCIMI's quarterly Accounts Payable increased from Sep. 2025 (MXN2,967 Mil) to Dec. 2025 (MXN3,843 Mil) and increased from Dec. 2025 (MXN3,843 Mil) to Mar. 2026 (MXN4,191 Mil).

Merlin Properties SOCIMI's annual Accounts Payable increased from Dec. 2023 (MXN1,599 Mil) to Dec. 2024 (MXN2,556 Mil) and increased from Dec. 2024 (MXN2,556 Mil) to Dec. 2025 (MXN3,843 Mil).


Merlin Properties SOCIMI Accounts Payable Related Terms


Merlin Properties SOCIMI Accounts Payable Historical Data

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The historical data trend for Merlin Properties SOCIMI'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.

Merlin Properties SOCIMI Accounts Payable Chart

Merlin Properties SOCIMI 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 1,060.72 1,582.27 1,599.04 2,555.80 3,842.64

Merlin Properties SOCIMI 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 3,107.90 2,766.92 2,967.09 3,842.64 4,191.38
MEX:MRLN
83GF Score
Merlin Properties SOCIMI SA MEX:MRLN
Accounts Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Merlin Properties SOCIMI 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 MXN4,191 Mil mean?
Merlin Properties SOCIMI (MEX:MRLN) has a Accounts Payable of MXN4,191 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 Merlin Properties SOCIMI and its competitors.
Is Merlin Properties SOCIMI's Accounts Payable too high?
Merlin Properties SOCIMI's current Accounts Payable is MXN4,191 Mil. Overall, Merlin Properties SOCIMI has a GF Score™ of 83/100, reflecting its overall financial health beyond just this single metric.
How does Merlin Properties SOCIMI's Accounts Payable compare to BXP and ARE?
Merlin Properties SOCIMI's Accounts Payable of MXN4,191 Mil can be compared against companies in the REITs 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 REITs company?
A good Accounts Payable depends on the REITs 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 Merlin Properties SOCIMI and its competitors. Merlin Properties SOCIMI's current Accounts Payable is MXN4,191 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Merlin Properties SOCIMI stock overvalued right now?
Merlin Properties SOCIMI (MEX:MRLN) has a current Accounts Payable of MXN4,191 Mil. The stock's GF Value™ is MXN206.42, compared to a current price of MXN286.60 — trading 38.8% above its estimated fair value. The current Accounts Payable is MXN4,191 Mil. Merlin Properties SOCIMI's overall GF Score™ is 83/100 with 8 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 Merlin Properties SOCIMI (MEX:MRLN), the current Accounts Payable is MXN4,191 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 Merlin Properties SOCIMI (MEX:MRLN) Overvalued in 2026?

Based on GuruFocus' analysis, Merlin Properties SOCIMI stock appears to be overvalued. The current stock price of MXN286.60 is trading 38.8% above its estimated GF Value™ of MXN206.42.

Key valuation signals for MEX:MRLN:

  • Accounts Payable: MXN4,191 Mil
  • GF Value™: MXN206.42 vs. price of MXN286.60 (38.8% above fair value)
  • GF Score™: 83/100 with 8 warning signs

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


Merlin Properties SOCIMI Business Description

Industry Real EstateREITs
Address Paseo de la Castellana 257, Madrid, ESP, 28046
Merlin Properties is Spain's largest listed SOCIMI/REIT, managing a EUR 12.6 billion portfolio across offices, logistics, shopping centers, and data centers. Over the coming years, it will bring 730 MW of data center capacity online, increasing its gross rental income contribution from just 6% in 2025 to 65% by 2032. Its total GRI will more than triple to EUR 1.8 billion, driven by this "Mega" plan. Additionally, it has a pipeline of 4.4 GW worth of land at varying stages of readiness it can develop.
83GF Score

Get the complete analysis for MEX:MRLN

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

MXN286.60
Price
MXN206.42
GF Value