TIGO (Millicom International Cellular) COGS-to-Revenue : 0.23 (As of Mar. 2025)

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What is Millicom International Cellular COGS-to-Revenue?

Millicom International Cellular's Cost of Goods Sold for the three months ended in Mar. 2025 was $316 Mil. Its Revenue for the three months ended in Mar. 2025 was $1,374 Mil.

Millicom International Cellular's COGS to Revenue for the three months ended in Mar. 2025 was 0.23.

Cost of Goods Sold is directly linked to profitability of the company through Gross Margin. Millicom International Cellular's Gross Margin % for the three months ended in Mar. 2025 was 77.00%.

Millicom International Cellular COGS-to-Revenue Historical Data

The historical data trend for Millicom International Cellular's COGS-to-Revenue 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 COGS-to-Revenue Chart

Millicom International Cellular Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

COGS-to-Revenue

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0.28

0.27

0.24

Millicom International Cellular Quarterly Data
	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24	Mar25
COGS-to-Revenue	Get a 7-Day Free Trial															0.26	0.24	0.24	0.24	0.23

Millicom International Cellular COGS-to-Revenue Calculation

Millicom International Cellular's COGS to Revenue for the fiscal year that ended in Dec. 2024 is calculated as

COGS to Revenue	=	Cost of Goods Sold	/	Revenue
	=	1420	/	5804
	=	0.24

Millicom International Cellular's COGS to Revenue for the quarter that ended in Mar. 2025 is calculated as

COGS to Revenue	=	Cost of Goods Sold	/	Revenue
	=	316	/	1374
	=	0.23

Millicom International Cellular (NAS:TIGO) COGS-to-Revenue Explanation

Cost of Goods Sold is directly linked to profitability of the company through Gross Margin.

Millicom International Cellular's Gross Margin % for the three months ended in Mar. 2025 is calculated as:

Gross Margin %	=	1	-	COGS to Revenue
	=	1	-	Cost of Goods Sold / Revenue
	=	1	-	316 / 1374
	=	77.00 %

A company that has a moat can usually maintain or even expand their Gross Margin. A company can increase its Gross Margin in two ways. It can increase the prices of the goods it sells and keeps its Cost of Goods Sold unchanged. Or it can keep the sales price unchanged and squeeze its suppliers to reduce the Cost of Goods Sold. Warren Buffett believes businesses with the power to raise prices have moats.

Millicom International Cellular COGS-to-Revenue Related Terms

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Millicom International Cellular Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Telecommunication Services » Millicom International Cellular SA (NAS:TIGO) » Definitions » COGS-to-Revenue

Comparable Companies

Traded in Other Exchanges

M4M1:Germany M4M1:Germany M4M1:Germany

Address

8400 NW 36th Street, Suite 530, Doral, FL, USA, 33166

Website

https://www.millicom.com

Millicom offers wireless and fixed-line telecom services primarily in smaller, 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%), and Honduras (67% but not controlled or consolidated in the firm's financial statements). The firm's wireless networks cover about 120 million people, serving 42 million customers. Its fixed-line networks reach 14 million homes, serving about 4 million broadband customers. Increasingly, Millicom offers converged packages that include broadband with wireless services. The firm has agreed to sell the majority of its wireless towers to SBA Communications for $975 million.