Millicom International Cellular (Millicom International Cellular) Change In Receivables

: $-180 Mil (TTM As of Dec. 2023)

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Millicom International Cellular's change in receivables for the quarter that ended in Dec. 2023 was $11 Mil. It means Millicom International Cellular's Accounts Receivable declined by $11 Mil from Sep. 2023 to Dec. 2023 .

Millicom International Cellular's change in receivables for the fiscal year that ended in Dec. 2023 was $-180 Mil. It means Millicom International Cellular's Accounts Receivable increased by $180 Mil from Dec. 2022 to Dec. 2023 .

Millicom International Cellular's Accounts Receivable for the quarter that ended in Dec. 2023 was $443 Mil.

Days Sales Outstanding measures of 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. Millicom International Cellular's Days Sales Outstanding for the three months ended in Dec. 2023 was 27.41.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Millicom International Cellular's liquidation value for the three months ended in Dec. 2023 was $-9,941 Mil.

Millicom International Cellular Change In Receivables Historical Data

The historical data trend for Millicom International Cellular's Change In Receivables 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.

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Millicom International Cellular Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Receivables

-119.00

-43.00

-98.00

-118.00

-180.00

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
Change In Receivables																5.00	-100.00	-101.00	10.00	11.00

Millicom International Cellular Change In Receivables Calculation

Change In Accounts Receivable relative to the previous period. It is any increase or decrease in the cash a company is owed by its customers.

Change In Receivables for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $-180 Mil.

Millicom International Cellular (NAS:TIGO) Change In Receivables Explanation

1. Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Days Sales Outstanding measures of 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.

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

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	443	/	1475	*	91
=	27.41

2. In Ben Graham's calculation of liquidation value, Millicom International Cellular's accounts receivable are only considered to be worth 75% of book value:

Millicom International Cellular's liquidation value for the quarter that ended in Dec. 2023 is calculated as:

	Liquidation Value
=	Cash, Cash Equivalents, Marketable Securities	-	Total Liabilities	+	(0.75 * Accounts Receivable)	+	(0.5 * Total Inventories)
=	775	-	11071	+	0.75 * 443	+	0.5 * 45
=	-9,941

Millicom International Cellular Change In Receivables 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 » Change In Receivables

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.