TIGO (Millicom International Cellular) Change In Receivables: $-222 Mil (TTM As of Jun. 2026)

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TIGO Millicom International Cellular SA TIGO
59 GF Score
Price $96.63
GF Value $38.06
Valuation Significantly Overvalued
! 10 Warning Signs
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What is Millicom International Cellular Change In Receivables?

Millicom International Cellular TIGO +0.28% 59 Change In Receivables is $-222 Mil as of Jun. 2026. GuruFocus rates TIGO with a GF Score™ of 59/100 and a GF Value™ of $38.06 (Significantly Overvalued). The stock has 10 warning signs investors should review.

Millicom International Cellular's change in receivables for the quarter that ended in Jun. 2026 was $-43 Mil. It means Millicom International Cellular's Accounts Receivable increased by $43 Mil from Mar. 2026 to Jun. 2026 .

Millicom International Cellular's change in receivables for the fiscal year that ended in Dec. 2025 was $-228 Mil. It means Millicom International Cellular's Accounts Receivable increased by $228 Mil from Dec. 2024 to Dec. 2025 .

Millicom International Cellular's Accounts Receivable for the quarter that ended in Jun. 2026 was $692 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 Jun. 2026 was 28.98.

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 Jun. 2026 was $-16,756 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 Jun. 2026 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=692/2179*91
=28.98

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 Jun. 2026 is calculated as:

Liquidation Value
=Cash, Cash Equivalents, Marketable Securities-Total Liabilities+(0.75 * Accounts Receivable)+(0.5 * Total Inventories)
=861-18186+0.75 * 692+0.5 * 101
=-16,756

* 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.


Millicom International Cellular Change In Receivables Related Terms


Millicom International Cellular Change In Receivables Historical Data

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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.

Millicom International Cellular Change In Receivables Chart

Millicom International Cellular Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Change In Receivables
Get a 7-Day Free Trial Premium Member Only Premium Member Only -98.00 -104.00 -245.00 36.00 -228.00

Millicom International Cellular Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
Change In Receivables 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 33.00 -46.00 -64.00 -69.00 -43.00
TIGO
59GF Score
Millicom International Cellular SA TIGO
Change In Receivables is just one metric. See GF Score™, valuation, warning signs, and more.
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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 Jun. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was $-222 Mil.

* 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.

Frequently Asked Questions Learn more about Change In Receivables →
What does a Change In Receivables of $-222 Mil mean?
Millicom International Cellular (TIGO) has a Change In Receivables of $-222 Mil as of Jun. 2026. Change in Receivables is the difference between current-period receivables and past-period receivables. View historical data for Millicom International Cellular and its competitors.
Is Millicom International Cellular's Change In Receivables too high?
Millicom International Cellular's current Change In Receivables is $-222 Mil. Overall, Millicom International Cellular has a GF Score™ of 59/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Millicom International Cellular's Change In Receivables compare to CHTR and GSAT?
Millicom International Cellular's Change In Receivables of $-222 Mil can be compared against companies in the Telecommunication Services industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Change In Receivables for a Telecommunication Services company?
A good Change In Receivables depends on the Telecommunication Services industry context. However, Change In Receivables 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 Change In Receivables mean?
A high Change In Receivables can signal that a stock is expensive relative to its fundamentals. Change in Receivables is the difference between current-period receivables and past-period receivables. View historical data for Millicom International Cellular and its competitors. Millicom International Cellular's current Change In Receivables is $-222 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Millicom International Cellular stock overvalued right now?
Based on GuruFocus' analysis, Millicom International Cellular (TIGO) is currently considered Significantly Overvalued. The stock's GF Value™ is $38.06, compared to a current price of $96.63 — trading 153.9% above its estimated fair value. The current Change In Receivables is $-222 Mil. Millicom International Cellular's overall GF Score™ is 59/100 with 10 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Change In Receivables calculated?
Change In Receivables is calculated from a company's financial statements. For Millicom International Cellular (TIGO), the current Change In Receivables is $-222 Mil as of Jun. 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 Millicom International Cellular (TIGO) Overvalued in 2026?

Based on GuruFocus' analysis, Millicom International Cellular stock appears to be overvalued. The current stock price of $96.63 is trading 153.9% above its estimated GF Value™ of $38.06. GuruFocus considers Millicom International Cellular to be Significantly Overvalued.

Key valuation signals for TIGO:

  • Change In Receivables: $-222 Mil
  • GF Value™: $38.06 vs. price of $96.63 (153.9% above fair value)
  • GF Score™: 59/100 with 10 warning signs

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


Millicom International Cellular Business Description

Other Exchanges M4M1:Germany
Address 8400 NW 36th Street, Suite 530, Doral, FL, USA, 33166
Millicom offers wireless and fixed-line telecom services primarily in smaller, less developed countries in Latin America. Countries served include Bolivia, Nicaragua, Panama, El Salvador, Guatemala, Paraguay, Colombia, Ecuador, Uruguay, and Honduras (67% but not controlled or consolidated in the firm's financial statements). The firm's wireless networks cover about 145 million people, serving nearly 60 million customers. Its fixed-line networks reach 22 million homes, serving about 5.6 million broadband customers. Increasingly, Millicom offers converged packages that include broadband with wireless services. The firm also formed a joint venture to acquire Telefónica's operations in Chile.
59GF Score

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

$96.63
Price
$38.06
GF Value