Mercari (TSE:4385) Accounts Payable: 円17,204 Mil (As of Mar. 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.

TSE:4385 Mercari Inc TSE:4385
60 GF Score
Price 円4,417.00
GF Value 円3,000.01
Valuation Significantly Overvalued
! 8 Warning Signs
View Full Analysis

What is Mercari Accounts Payable?

Mercari TSE:4385 -3.28% 60 Accounts Payable is 円17,204 Mil as of Mar. 2026. GuruFocus rates TSE:4385 with a GF Score™ of 60/100 and a GF Value™ of 円3,000.01 (Significantly Overvalued). The stock has 8 warning signs investors should review.

Mercari's Accounts Payable for the quarter that ended in Mar. 2026 was 円17,204 Mil.

Mercari's quarterly Accounts Payable increased from Sep. 2025 (円13,941 Mil) to Dec. 2025 (円18,256 Mil) but then declined from Dec. 2025 (円18,256 Mil) to Mar. 2026 (円17,204 Mil).

Mercari's annual Accounts Payable increased from Jun. 2023 (円20,862 Mil) to Jun. 2024 (円21,560 Mil) but then declined from Jun. 2024 (円21,560 Mil) to Jun. 2025 (円15,049 Mil).

Mercari Accounts Payable Historical Data

* Premium members only.

The historical data trend for Mercari'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.

Mercari Accounts Payable Chart

Mercari Annual Data
Trend Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24 Jun25
Accounts Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 20,112.00 20,862.00 21,560.00 15,049.00

Mercari 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 23,611.00 15,049.00 13,941.00 18,256.00 17,204.00
TSE:4385
60GF Score
Mercari Inc TSE:4385
Accounts Payable is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Mercari 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 円17,204 Mil mean?
Mercari (TSE:4385) has a Accounts Payable of 円17,204 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 Mercari and its competitors.
Is Mercari's Accounts Payable too high?
Mercari's current Accounts Payable is 円17,204 Mil. Overall, Mercari has a GF Score™ of 60/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Mercari's Accounts Payable compare to AMZN and BABA?
Mercari's Accounts Payable of 円17,204 Mil can be compared against companies in the Retail - Cyclical 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 Retail - Cyclical company?
A good Accounts Payable depends on the Retail - Cyclical 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 Mercari and its competitors. Mercari's current Accounts Payable is 円17,204 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Mercari stock overvalued right now?
Based on GuruFocus' analysis, Mercari (TSE:4385) is currently considered Significantly Overvalued. The stock's GF Value™ is 円3,000.01, compared to a current price of 円4,417.00 — trading 47.2% above its estimated fair value. The current Accounts Payable is 円17,204 Mil. Mercari's overall GF Score™ is 60/100 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 Mercari (TSE:4385), the current Accounts Payable is 円17,204 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 Mercari (TSE:4385) Overvalued in 2026?

Based on GuruFocus' analysis, Mercari stock appears to be overvalued. The current stock price of 円4,417.00 is trading 47.2% above its estimated GF Value™ of 円3,000.01. GuruFocus considers Mercari to be Significantly Overvalued.

Key valuation signals for TSE:4385:

  • Accounts Payable: 円17,204 Mil
  • GF Value™: 円3,000.01 vs. price of 円4,417.00 (47.2% above fair value)
  • GF Score™: 60/100 with 8 warning signs

No single metric tells the full story. See the TSE:4385 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Mercari Business Description

Other Exchanges MCARY:USA6TP:Germany
Address 6-10-1 Roppongi, 18th Floor, Roppongi Hills Mori Tower, Minato-ku, Tokyo, JPN, 106-6118
Mercari operates the largest consumer-to-consumer secondhand goods trading platform in Japan in Mercari, with over 23 million monthly active users and over JPY 1.1 trillion in gross merchandise value in fiscal 2022. We estimate that it currently has over 40% market share in the online C2C market, making it the top platform in Japan. It operates a domestic fintech business and a C2C marketplace app business in the US as well. Domestic business roughly accounts for over 95% of its total GMV.
60GF Score

Get the complete analysis for TSE:4385

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

円4,417.00
Price
円3,000.01
GF Value