MMMPF (Mermaid Maritime PCL) Accounts Payable: $108.8 Mil (As of Jun. 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.

What is Mermaid Maritime PCL Accounts Payable?

Mermaid Maritime PCL MMMPF +0.37% Accounts Payable is $108.8 Mil as of Jun. 2026. The stock has 8 warning signs investors should review.

Mermaid Maritime PCL's Accounts Payable for the quarter that ended in Jun. 2026 was $108.8 Mil.

Mermaid Maritime PCL's quarterly Accounts Payable increased from Dec. 2025 ($103.7 Mil) to Mar. 2026 ($112.3 Mil) but then declined from Mar. 2026 ($112.3 Mil) to Jun. 2026 ($108.8 Mil).

Mermaid Maritime PCL's annual Accounts Payable increased from Dec. 2023 ($77.8 Mil) to Dec. 2024 ($109.7 Mil) but then declined from Dec. 2024 ($109.7 Mil) to Dec. 2025 ($103.7 Mil).


Mermaid Maritime PCL Accounts Payable Related Terms


Mermaid Maritime PCL Accounts Payable Historical Data

* Premium members only.

The historical data trend for Mermaid Maritime PCL'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.

Mermaid Maritime PCL Accounts Payable Chart

Mermaid Maritime PCL 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 42.76 54.18 77.80 109.68 103.67

Mermaid Maritime PCL Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 112.32 105.16 103.67 112.25 108.76

Mermaid Maritime PCL 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 $108.8 Mil mean?
Mermaid Maritime PCL (MMMPF) has a Accounts Payable of $108.8 Mil as of Jun. 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 Mermaid Maritime PCL and its competitors.
Is Mermaid Maritime PCL's Accounts Payable too high?
Mermaid Maritime PCL's current Accounts Payable is $108.8 Mil.
How does Mermaid Maritime PCL's Accounts Payable compare to SLB and BKR?
Mermaid Maritime PCL's Accounts Payable of $108.8 Mil can be compared against companies in the Oil & Gas 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 an Oil & Gas company?
A good Accounts Payable depends on the Oil & Gas 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 Mermaid Maritime PCL and its competitors. Mermaid Maritime PCL's current Accounts Payable is $108.8 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Mermaid Maritime PCL stock overvalued right now?
Based on GuruFocus' analysis, Mermaid Maritime PCL (MMMPF) is currently considered Significantly Overvalued. The stock's GF Value™ is $0.06, compared to a current price of $0.08 — trading 33.8% above its estimated fair value. The current Accounts Payable is $108.8 Mil. 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 Mermaid Maritime PCL (MMMPF), the current Accounts Payable is $108.8 Mil as of Jun. 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.

Mermaid Maritime PCL Business Description

Industry EnergyOil & Gas
Other Exchanges DU4:Singapore
Address Soi Chidlom, Ploenchit Road, No. 26/28-29, Orakarn Building, 9th Floor, Kwaeng Lumpinee, Khet Pathumwan, Bangkok, THA, 10330
Mermaid Maritime PCL is a subsea and offshore drilling services company. It provides full turnkey services to oil and gas majors operating offshore such as subsea vessels, specialized diving equipment, remotely operated vehicles, and drilling and accommodation rigs. Its segments are the Subsea Group and Holding. The Subsea group, which is the key revenue driver, provides services including inspection, repair, and maintenance (IRM), infrastructure installation support, remotely operated vehicle (ROV) Support, and cable and flexible pipe laying. The company has a presence across the world and Saudi Arabia is the highest income generator.