Millicom International Cellular SA

NASDAQ TIGO

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Millicom International Cellular SA Sales to Working Capital Ratio for the quarter ending March 31, 2024: -3.30

Millicom International Cellular SA Sales to Working Capital Ratio is -3.30 for the quarter ending March 31, 2024, a 66.28% change year over year. The sales to working capital ratio measures the revenue generated by a company relative to its working capital. It is calculated by dividing the revenue by the difference between current assets and current liabilities. This ratio indicates the company's revenue generation efficiency based on its working capital. A higher sales to working capital ratio suggests better utilization of working capital to generate sales revenue.

Millicom International Cellular SA Sales to Working Capital Ratio for the quarter ending March 31, 2023 was -9.78, a -563.94% change year over year.
Millicom International Cellular SA Sales to Working Capital Ratio for the quarter ending March 31, 2022 was -1.47, a 41.11% change year over year.
Millicom International Cellular SA Sales to Working Capital Ratio for the quarter ending March 31, 2021 was -2.50, a -299.31% change year over year.
Millicom International Cellular SA Sales to Working Capital Ratio for the quarter ending March 31, 2020 was 1.25, a 173.76% change year over year.

NASDAQ: TIGO

Millicom International Cellular SA

CEO	Mr. Mauricio Ramos Borrero
IPO Date	Feb. 28, 1994
Location	Luxembourg
Headquarters	2, Rue du Fort Bourbon, Luxembourg City, Luxembourg, 1249
Employees	15,500
Sector	Communication Services
Industry	Telecom services

Description

Millicom International Cellular S.A. provides cable and mobile services in Latin America. It offers mobile services, including mobile data and voice, and short message services; and mobile financial services, such as payments, money transfers, international remittances, savings, real-time loans, and micro-insurance. The company also operates TIGO Sports for local entertainment; Tigo Money that allows its customers to send and receive money without the need for a bank account; and TIGO ONEtv for pay TV. In addition, it provides fixed services, including broadband and fixed voice; and fixed-voice and data telecommunications services, managed services, cloud and security solutions, and value-added services; and tower infrastructure and services. The company serves small, medium, and large businesses, as well as residential consumers and governmental entities. It markets its products and services under the Tigo and Tigo Business brands. The company was founded in 1990 and is headquartered in Luxembourg.

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