Millicom International Cellular (Millicom International Cellular) Days Sales Outstanding

: 26.73 (As of Dec. 2023)

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Millicom International Cellular's average Accounts Receivable for the three months ended in Dec. 2023 was $432 Mil. Millicom International Cellular's Revenue for the three months ended in Dec. 2023 was $1,475 Mil. Hence, Millicom International Cellular's Days Sales Outstanding for the three months ended in Dec. 2023 was 26.73.

The historical rank and industry rank for Millicom International Cellular's Days Sales Outstanding or its related term are showing as below:

TIGO' s Days Sales Outstanding Range Over the Past 10 Years
Min: 22.12 Med: 31.24 Max: 35.98
Current: 27.27

During the past 13 years, Millicom International Cellular's highest Days Sales Outstanding was 35.98. The lowest was 22.12. And the median was 31.24.

TIGO's Days Sales Outstanding is ranked better than
80.79% of 380 companies
in the Telecommunication Services industry
Industry Median: 56.465 vs TIGO: 27.27

Millicom International Cellular's Days Sales Outstanding increased from Dec. 2022 (25.31) to Dec. 2023 (26.73).

Millicom International Cellular Days Sales Outstanding Historical Data

The historical data trend for Millicom International Cellular's Days Sales Outstanding 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.

* Premium members only.

Millicom International Cellular Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

30.06

34.63

32.42

25.47

26.50

Millicom International Cellular Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Days Sales Outstanding																25.31	25.40	28.56	29.16	26.73

Competitive Comparison

For the Telecom Services subindustry, Millicom International Cellular's Days Sales Outstanding, along with its competitors' market caps and Days Sales Outstanding data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Millicom International Cellular Days Sales Outstanding Distribution

For the Telecommunication Services industry and Communication Services sector, Millicom International Cellular's Days Sales Outstanding distribution charts can be found below:

* The bar in red indicates where Millicom International Cellular's Days Sales Outstanding falls into.

Millicom International Cellular Days Sales Outstanding Calculation

Days Sales Outstanding measures the average number of days that a company takes to collect revenue after a sale has been made. It is a financial ratio that illustrates how well a company's Accounts Receivable are being managed.

Accounts Receivable can be measured by Days Sales Outstanding.

Millicom International Cellular's Days Sales Outstanding for the fiscal year that ended in Dec. 2023 is calculated as

	Days Sales Outstanding (A: Dec. 2023 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Dec. 2022 )	+	Accounts Receivable (A: Dec. 2023 ))	/	count )	/	Revenue (A: Dec. 2023 )	*	Days in Period
=	( (379	+	443)	/	2 )	/	5661	*	365
=	411					/	5661	*	365
=	26.50

Millicom International Cellular's Days Sales Outstanding for the quarter that ended in Dec. 2023 is calculated as:

	Days Sales Outstanding (Q: Dec. 2023 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Sep. 2023 )	+	Accounts Receivable (A: Dec. 2023 ))	/	count )	/	Revenue (A: Dec. 2023 )	*	Days in Period
=	( (421	+	443)	/	2 )	/	1475	*	365 / 4
=	432					/	1475	*	365 / 4
=	26.73

Millicom International Cellular (NAS:TIGO) Days Sales Outstanding Explanation

For retailers, when we compare Days Sales Outstanding, it is important to compare the same period in the previous years.

Millicom International Cellular Days Sales Outstanding Related Terms

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Millicom International Cellular (Millicom International Cellular) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Telecommunication Services » Millicom International Cellular SA (NAS:TIGO) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

TIGO SDB:Sweden TIGOs:UK 0GRK:UK M4M1:Germany M4M1:Germany M4M:Germany

Address

2, Rue du Fort Bourbon, Luxembourg, LUX, L-1249

Website

https://www.millicom.com

Millicom offers wireless and fixed-line telecom services primarily in smaller, less congested markets or in less developed countries in Latin America. Countries served include Bolivia (100% owned), Nicaragua (100%), Panama (100%), El Salvador (100%), Guatemala (100%), Paraguay (100%), Colombia (50%), Costa Rica (100%) and Honduras (67% but not controlled or consolidated in the firm's financial statements). The firm's fixed-line networks reach nearly 13 million homes while its wireless networks cover about 120 million people. Increasingly, Millicom offers a converged package that may include fixed-line phone, broadband, and pay television in conjunction with wireless services. The firm plans to carve out its infrastructure assets and mobile financial services business in 2023.