MakeMyTrip (MMYT) Payables (2010 - 2026)
MakeMyTrip (MMYT) recorded quarterly Payables of $136.6 million in Q1 2026, down 23.35% quarter-over-quarter from $178.2 million in Q4 2025, and down 7.41% on a YoY basis from $147.5 million in Q1 2025.
MakeMyTrip (MMYT) Payables (2010 - 2026) Analysis & Trends
MakeMyTrip's Payables history runs 17 years deep, the most recent figure standing at $136.6 million for Q1 2026.
- In Q1 2026, Payables fell 7.41% year-over-year to $136.6 million; the TTM figure through Mar 2026 stood at $136.6 million (down 7.41% YoY), while the FY2026 annual figure was $136.6 million, up 17256.93% from the prior year.
- Payables was $136.6 million for Q1 2026 at MakeMyTrip, down from $178.2 million in the prior quarter.
- In the past five years, Payables ranged from a high of $219.4 million in Q1 2023 to a low of $65.6 million in Q1 2022.
- Historically, Payables has averaged $131.9 million across 5 years, with a median of $136.6 million in 2026.
- The sharpest annual moves came in 2023 and 2024: Payables soared 234.47% in 2023, then slumped 43.78% in 2024.
- A 5-year view of Payables shows it stood at $95.0 million in 2022, then soared by 40.95% to $134.0 million in 2023, then advanced by 24.14% to $166.3 million in 2024, then grew by 7.17% to $178.2 million in 2025, then slipped by 23.35% to $136.6 million in 2026.
- The last three Payables figures came in at $136.6 million (Q1 2026), $178.2 million (Q4 2025), and $143.0 million (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Payables (Qtr) |
|---|---|---|---|---|---|
| 1 | Booking Holdings | 131.01 Bn | 114.99 Bn | 3.46 Bn | 4.13 Bn |
| 2 | Airbnb | 79.86 Bn | 67.85 Bn | 2.10 Bn | 3.08 Bn |
| 3 | Royal Caribbean Cruises | 75.60 Bn | 75.08 Bn | 2.21 Bn | 1.01 Bn |
| 4 | Carnival | 37.80 Bn | 36.39 Bn | - | 1.24 Bn |
| 5 | Expedia | 27.88 Bn | 22.09 Bn | 3.05 Bn | 1.18 Bn |
| 6 | Norwegian Cruise Line Holdings | 8.56 Bn | 8.38 Bn | 953.34 Mn | 184.67 Mn |
| 7 | Global Business Travel | 4.79 Bn | 4.35 Bn | 714.00 Mn | 603.00 Mn |
| 8 | Travel & Leisure | 4.51 Bn | 4.25 Bn | 926.00 Mn | 63.00 Mn |
| 9 | Trip.com | 4.42 Bn | -788.25 Mn | 1.74 Bn | 2.70 Bn |
| 10 | MakeMyTrip | 2.12 Bn | 1.35 Bn | - | 136.60 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 136.60 Mn |
| Dec 31, 2025 | 178.21 Mn |
| Sep 30, 2025 | 142.97 Mn |
| Jun 30, 2025 | 160.16 Mn |
| Mar 31, 2025 | 147.54 Mn |
| Dec 31, 2024 | 166.29 Mn |
| Sep 30, 2024 | 148.64 Mn |
| Jun 30, 2024 | 157.26 Mn |
| Mar 31, 2024 | 123.35 Mn |
| Dec 31, 2023 | 133.95 Mn |
| Sep 30, 2023 | 116.20 Mn |
| Jun 30, 2023 | 101.76 Mn |
| Mar 31, 2023 | 219.42 Mn |
| Dec 31, 2022 | 95.03 Mn |
| Sep 30, 2022 | 74.51 Mn |
| Jun 30, 2022 | 74.04 Mn |
| Mar 31, 2022 | 65.60 Mn |
| Dec 31, 2021 | 63.07 Mn |
| Sep 30, 2021 | 56.79 Mn |
| Jun 30, 2021 | 41.62 Mn |