MGCLY (Midea Group Co) Accounts Payable: $20,351 Mil (As of Mar. 2026)

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MGCLY Midea Group Co Ltd MGCLY
71 GF Score
Price $11.66
GF Value $10.81
Valuation Fairly Valued
! 6 Warning Signs
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What is Midea Group Co Accounts Payable?

Midea Group Co MGCLY +0.17% 71 Accounts Payable is $20,351 Mil as of Mar. 2026. GuruFocus rates MGCLY with a GF Score™ of 71/100 and a GF Value™ of $10.81 (Fairly Valued). The stock has 6 warning signs investors should review.

Midea Group Co's Accounts Payable for the quarter that ended in Mar. 2026 was $20,351 Mil.

Midea Group Co's quarterly Accounts Payable increased from Sep. 2025 ($18,514 Mil) to Dec. 2025 ($18,571 Mil) and increased from Dec. 2025 ($18,571 Mil) to Mar. 2026 ($20,351 Mil).

Midea Group Co's annual Accounts Payable increased from Dec. 2023 ($13,198 Mil) to Dec. 2024 ($16,314 Mil) and increased from Dec. 2024 ($16,314 Mil) to Dec. 2025 ($18,571 Mil).

Midea Group Co Accounts Payable Related Terms

Midea Group Co Accounts Payable Historical Data

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The historical data trend for Midea Group Co'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.

Midea Group Co Accounts Payable Chart

Midea Group Co 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 15,501.79 12,881.46 13,198.24 16,313.58 18,571.44

Midea Group Co 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 17,215.21 18,285.94 18,513.62 18,571.44 20,351.07
MGCLY
71GF Score
Midea Group Co Ltd MGCLY
Accounts Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Midea Group Co 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 $20,351 Mil mean?
Midea Group Co (MGCLY) has a Accounts Payable of $20,351 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 Midea Group Co and its competitors.
Is Midea Group Co's Accounts Payable too high?
Midea Group Co's current Accounts Payable is $20,351 Mil. Overall, Midea Group Co has a GF Score™ of 71/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Midea Group Co's Accounts Payable compare to SN and SGI?
Midea Group Co's Accounts Payable of $20,351 Mil can be compared against companies in the Furnishings, Fixtures & Appliances 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 Furnishings, Fixtures & Appliances company?
A good Accounts Payable depends on the Furnishings, Fixtures & Appliances 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 Midea Group Co and its competitors. Midea Group Co's current Accounts Payable is $20,351 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Midea Group Co stock overvalued right now?
Based on GuruFocus' analysis, Midea Group Co (MGCLY) is currently considered Fairly Valued. The stock's GF Value™ is $10.81, compared to a current price of $11.66 — trading 7.9% above its estimated fair value. The current Accounts Payable is $20,351 Mil. Midea Group Co's overall GF Score™ is 71/100 with 6 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 Midea Group Co (MGCLY), the current Accounts Payable is $20,351 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 Midea Group Co (MGCLY) Overvalued in 2026?

Based on GuruFocus' analysis, Midea Group Co stock appears to be overvalued. The current stock price of $11.66 is trading 7.9% above its estimated GF Value™ of $10.81. GuruFocus considers Midea Group Co to be Fairly Valued.

Key valuation signals for MGCLY:

  • Accounts Payable: $20,351 Mil
  • GF Value™: $10.81 vs. price of $11.66 (7.9% above fair value)
  • GF Score™: 71/100 with 6 warning signs

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

Midea Group Co Business Description

Address No. 6 Midea Avenue, Beijiao Town, Midea Headquarters Building, Guangdong Province, Shunde District, Foshan, CHN, 528311
Midea Group Co., Ltd. is one of the largest household appliance manufacturers in China, with key products such as air conditioners, refrigerators, washing machines and small household appliances. It is consistently ranked as one of the top three players in China by retail sales in most home appliance categories. The firm also engages in industrial automation and robotics systems through wholly owned Kuka, a global market leader based in Germany. Heating, ventilation, and air conditioning, or HVAC, products contribute the most to Midea's revenue, followed by other consumer appliances, and robotics and automation systems. In addition, Midea generates around 40% of sales outside of China.
71GF Score

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

$11.66
Price
$10.81
GF Value