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Millicom International Cellular Sa  (NASDAQ: TIGO)
Other Ticker:  
 
    Sector  Services    Industry Communications Services
   Industry Communications Services
   Sector  Services
 

Millicom International Cellular Sa Accounts Receivables Turnover Ratio from the forth quarter 2023 to the forth quarter 2022

Quarterly Results, Trends, Rankings, Statistics


Millicom International Cellular Sa's ability to collect accounts receivable sequentially worsen to 12.78, indicating more challenging environment then in the third quarter 2023, but still, it is a far cry from any concerns. Millicom International Cellular Sa's Average receivable collection period in the Dec 31 2023 quarter, has increased to 29 days, from 28 days, in the 0 quarter.

If we take a look into Services sector 209 other companies have achieved higher receivables turnover ratio. While receivables turnover ratio total ranking has improved thus far to 1057, from overall ranking in the third quarter 2023 at 1844.

What is Receivable Turnover Ratio?
What is Millicom International Cellular Sa Selling?


What is Receivable Turnover Ratio?




TIGO Receivables Turnover Ratio (Dec 31 2023)
IV. Quarter
0
III. Quarter
0
II. Quarter
0
I. Quarter
(Dec 31 2022)
IV. Quarter
Y / Y Receivable Change 16.89 % 16.89 % 16.89 % 16.89 % -6.42 %
Y / Y Revenue Change 0.66 % - - - 21.78 %
Receivable Turnover Ratio (TTM) 12.78 13.17 13.68 14.24 14.84
TIGO's Total Ranking # 1057 # 1844 # 0 # 1745 # 2789
Average receivable collection period 29 28 27 26 25
Seq. Receivable Change 0 % 0 % 0 % 16.89 % 0 %
Seq. Revenue Change - - - - -


Receivable Turnover Company Ranking
Within: No.
Communications Services Industry # 18
Services Sector # 210
Overall Market # 1057

Receivable Turnover Ratio Statistics
High Average Low
12.36 10.54 8.52
(Dec 31 2022)   (Dec 31 2021)






Financial Statements
Millicom International Cellular Sa's Accounts Receivable $ 443 Millions Visit TIGO's Balance sheet
Millicom International Cellular Sa's Sales TTM $ 5,661 Millions Visit TIGO's Income Statement
Sources of TIGO's Revenues Visit TIGO's Sales by Geography

Other Accounts Receivable Turnover Ratios
Communications Services Industry Accounts Receivable Turnover Trends and Statistics
Services Sector Accounts Receivable Turnover Statistics
Accounts Receivables Turnover Trends for overall market
TIGO's Receivable Turnover Ratio versus Communications Services Industry, Services Sector and total Market
Highest Ranking Accounts Receivables Turnover
Lowest Ranking Accounts Receivables Turnover

You may also want to know
TIGO's Growth Rates TIGO's Roa TIGO's Inventory Turnover Ratio TIGO's Dividend Comparisons
TIGO's Profitability Ratios TIGO's Roi TIGO's Asset Turnover Ratio TIGO's Dividend Growth
TIGO's Valuation Ratios TIGO's Roe TIGO's Financial Strength Ratios TIGO's Dividend Payout Ratio



Companies with similar Receivables Turnover Ratio for the quarter ending Dec 31 2023, within Services Sector Receivable Turnover Ratio Revenues for 12 Months ending Dec 31 2023 Receivable at quarter ending Dec 31 2023
Ncl Corporation ltd   34.27 $ 8,549.924  Millions$ 249.523  Millions
Norwegian Cruise Line Holdings ltd   34.27 $ 8,549.924  Millions$ 249.523  Millions
Pdd Holdings inc   33.34 $ 34,879.253  Millions$ 1,046.222  Millions
Amc Entertainment Holdings Inc   33.11 $ 4,812.600  Millions$ 145.350  Millions
Despegar com Corp   32.97 $ 705.102  Millions$ 21.385  Millions
The Cheesecake Factory Incorporated  32.86 $ 3,303.156  Millions$ 100.531  Millions
Iqstel Inc   32.37 $ 144.502  Millions$ 4.465  Millions
Boyd Gaming Corp  32.34 $ 3,738.492  Millions$ 115.596  Millions
Starbucks Corporation  31.39 $ 36,687.000  Millions$ 1,168.800  Millions
Douglas Elliman Inc   30.87 $ 955.578  Millions$ 30.957  Millions
Red Rock Resorts Inc   30.69 $ 1,724.086  Millions$ 56.185  Millions
Driveitaway Holdings Inc   30.34 $ 0.356  Millions$ 0.012  Millions
Frp Holdings Inc   30.00 $ 41.506  Millions$ 1.384  Millions
Rogers Communications Inc   28.82 $ 14,789.928  Millions$ 513.220  Millions
Playa Hotels and Resorts N v   28.54 $ 977.504  Millions$ 34.251  Millions
Altice Usa Inc   27.51 $ 9,237.064  Millions$ 335.718  Millions
Ebet Inc   27.51 $ 29.054  Millions$ 1.056  Millions
Perusahaan Perseroan Persero Pt Telekomunikasi Ind  27.45 $ 9,690.000  Millions$ 353.000  Millions
Ashford Inc   27.37 $ 746.795  Millions$ 27.287  Millions
Chegg Inc  27.37 $ 715.354  Millions$ 26.139  Millions
Las Vegas Sands Corp   26.98 $ 10,372.000  Millions$ 384.500  Millions
Urban Edge Properties  26.79 $ 416.922  Millions$ 15.562  Millions
Xenia Hotels and Resorts Inc   26.79 $ 1,025.443  Millions$ 38.280  Millions
Kt Corporation  26.60 $ 24,447.097  Millions$ 919.166  Millions
Idt Corporation  26.51 $ 1,213.136  Millions$ 45.758  Millions
One Group Hospitality Inc   26.46 $ 332.769  Millions$ 12.576  Millions
Golden Ocean Group Limited  26.41 $ 885.767  Millions$ 33.543  Millions
Sunstone Hotel Investors inc   26.33 $ 986.480  Millions$ 37.469  Millions
Churchill Downs Inc  25.84 $ 2,461.700  Millions$ 95.275  Millions
Krispy Kreme Inc   25.76 $ 1,686.104  Millions$ 65.465  Millions

Date modified: 2024-03-13T03:52:27+00:00



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