MercadoLibre (MEX:MELIN) Total Inventories: MXN12,208 Mil (As of Mar. 2026)


MEX:MELIN MercadoLibre Inc MEX:MELIN
71 GF Score
Price MXN28,406.70
GF Value MXN62,504.41
Valuation Significantly Undervalued
! 3 Warning Signs
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What is MercadoLibre Total Inventories?

MercadoLibre MEX:MELIN -3.44% 71 Total Inventories is MXN12,208 Mil as of Mar. 2026. GuruFocus rates MEX:MELIN with a GF Score™ of 71/100 and a GF Value™ of MXN62,504.41 (Significantly Undervalued). The stock has 3 warning signs investors should review.

MercadoLibre's total inventories for the quarter that ended in Mar. 2026 was MXN12,208 Mil. MercadoLibre's average total inventories from the quarter that ended in Dec. 2025 to the quarter that ended in Mar. 2026 was MXN11,236 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. MercadoLibre's Net-Net Working Capital per share for the quarter that ended in Mar. 2026 was MXN-11,944.61.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. MercadoLibre's Days Inventory for the three months ended in Mar. 2026 was 11.41.

Inventory Turnover measures how fast the company turns over its inventory within a year. MercadoLibre's Inventory Turnover for the quarter that ended in Mar. 2026 was 8.00.

Inventory-to-Revenue determines the ability of a company to manage their inventory levels. It measures the percentage of Inventories the company currently has on hand to support the current amount of Revenue. MercadoLibre's Inventory-to-Revenue for the quarter that ended in Mar. 2026 was 0.07.


MercadoLibre  (MEX:MELIN) Total Inventories Explanation

Inventory control is an important part of business operation. If a company does not have enough inventory, it may not be able to meet customers' required delivery time. If it has too much inventory, the cost of holding the inventory can be high.

1. In Ben Graham's calculation of Net-Net Working Capital (NNWC), inventory is only considered worth half of its book value.

MercadoLibre's Net-Net Working Capital Per Share for the quarter that ended in Mar. 2026 is

Net-Net Working Capital Per Share (Q: Mar. 2026 )
=(Cash And Cash Equivalents+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(98386.411+0.75 * 6672.099+0.5 * 12208.138-715050.654
-0-0)/50.697
=-11,944.61

2. Days Inventory indicates the number of days of goods in sales that a company has in the inventory.

MercadoLibre's Days Inventory for the three months ended in Mar. 2026 is calculated as:

Days Inventory=Average Total Inventories (Q: Mar. 2026 )/Cost of Goods Sold (Q: Mar. 2026 )*Days in Period
=11235.6935/89856.945*365 / 4
=11.41

3. Inventory Turnover measures how fast the company turns over its inventory within a year.

MercadoLibre's Inventory Turnover for the quarter that ended in Mar. 2026 is calculated as

Inventory Turnover=Cost of Goods Sold (Q: Mar. 2026 ) / Average Total Inventories (Q: Mar. 2026 )
=89856.945 / 11235.6935
=8.00

4. Inventory-to-Revenue determines the ability of a company to manage their inventory levels. It measures the percentage of Inventories the company currently has on hand to support the current amount of Revenue.

MercadoLibre's Inventory to Revenue for the quarter that ended in Mar. 2026 is calculated as

Inventory-to-Revenue=Average Total Inventories (Q: Mar. 2026 ) / Revenue (Q: Mar. 2026 )
=11235.6935 / 159499.232
=0.07

* 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.


Be Aware

Manufacturers with durable competitive advantages have the advantage that the products they sell do not change, and therefore will never become obsolete. Buffett likes this advantage.

When identifying manufacturers with durable competitive advantage, look for inventory and net earnings that rise correspondingly. This indicates that the company is finding profitable ways to increase sales which called for an increase in inventory.

Manufacturers with inventories that spike up and down are indicative of competitive industries subject to boom and bust.


MercadoLibre Total Inventories Related Terms


MercadoLibre Total Inventories Historical Data

* Premium members only.

The historical data trend for MercadoLibre's Total Inventories 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.

MercadoLibre Total Inventories Chart

MercadoLibre Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Total Inventories
Get a 7-Day Free Trial Premium Member Only Premium Member Only 5,190.04 2,963.39 4,039.87 6,173.29 10,263.25

MercadoLibre Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Total Inventories 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 7,324.04 8,171.87 9,759.11 10,263.25 12,208.14
MEX:MELIN
71GF Score
MercadoLibre Inc MEX:MELIN
Total Inventories is just one metric. See GF Score™, valuation, warning signs, and more.
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MercadoLibre Total Inventories Calculation

Total Inventories includes the raw materials, work-in-process goods and completely finished goods of a company. It is a portion of a company's current assets.

Frequently Asked Questions Learn more about Total Inventories →
What does a Total Inventories of MXN12,208 Mil mean?
MercadoLibre (MEX:MELIN) has a Total Inventories of MXN12,208 Mil as of Mar. 2026. The total amount of inventory as recorded on a company's balance sheet. View historical data for MercadoLibre and its competitors.
Is MercadoLibre's Total Inventories too high?
MercadoLibre's current Total Inventories is MXN12,208 Mil. Overall, MercadoLibre has a GF Score™ of 71/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does MercadoLibre's Total Inventories compare to DASH and SE?
MercadoLibre's Total Inventories of MXN12,208 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 Total Inventories for a Retail - Cyclical company?
A good Total Inventories depends on the Retail - Cyclical industry context. However, Total Inventories 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 Total Inventories mean?
A high Total Inventories can signal that a stock is expensive relative to its fundamentals. The total amount of inventory as recorded on a company's balance sheet. View historical data for MercadoLibre and its competitors. MercadoLibre's current Total Inventories is MXN12,208 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is MercadoLibre stock overvalued right now?
Based on GuruFocus' analysis, MercadoLibre (MEX:MELIN) is currently considered Significantly Undervalued. The stock's GF Value™ is MXN62,504.41, compared to a current price of MXN28,406.70 — trading 54.6% below its estimated fair value. The current Total Inventories is MXN12,208 Mil. MercadoLibre's overall GF Score™ is 71/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Total Inventories calculated?
Total Inventories is calculated from a company's financial statements. For MercadoLibre (MEX:MELIN), the current Total Inventories is MXN12,208 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 MercadoLibre (MEX:MELIN) Overvalued in 2026?

Based on GuruFocus' analysis, MercadoLibre stock appears to be undervalued. The current stock price of MXN28,406.70 is trading 54.6% below its estimated GF Value™ of MXN62,504.41. GuruFocus considers MercadoLibre to be Significantly Undervalued.

Key valuation signals for MEX:MELIN:

  • Total Inventories: MXN12,208 Mil
  • GF Value™: MXN62,504.41 vs. price of MXN28,406.70 (54.6% below fair value)
  • GF Score™: 71/100 with 3 warning signs

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


MercadoLibre Business Description

Address WTC Free Zone, Dr Luis Bonavita 1294, Of. 1733, Tower II, Montevideo, URY, 11300
MercadoLibre is the largest e-commerce marketplace in Latin America, with more than 120 million unique active buyers and 1 million active sellers at the end of 2025. The company is roughly split between its e-commerce business, which includes its fulfillment and advertising services, and its fintech segment, which comprises its rapidly expanding payment and digital wallet platform (Mercado Pago) and its lending business (Mercado Credito). While the company operates in 18 countries, its primary markets are Brazil, Argentina, and Mexico, which account for more than 95% of its revenue.
71GF Score

Get the complete analysis for MEX:MELIN

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

MXN28,406.70
Price
MXN62,504.41
GF Value