Millicom International Cellular (TIGO) Change in Working Capital (2009 - 2026)
Millicom International Cellular's (TIGO) quarterly Change in Working Capital came in at -$2.0 million in Q1 2026, up 66.67% YoY from -$1.2 million in Q1 2025, and down 101.26% on a QoQ basis from $159.0 million in Q4 2025.
Millicom International Cellular (TIGO) Change in Working Capital (2009 - 2026) Analysis & Trends
Millicom International Cellular (TIGO) has 13 years of Change in Working Capital data on file, last reported at -$2.0 million in Q1 2026.
- Quarterly Change in Working Capital rose 66.67% year-over-year to -$2.0 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $141.0 million (up 2.17% YoY) and the FY2025 annual result came in at $137.0 million, up 41.24% from the prior year.
- Change in Working Capital slipped to -$2.0 million in Q1 2026, from $159.0 million in the prior quarter.
- In the past five years, Change in Working Capital ranged from a high of $162.0 million in Q4 2022 to a low of -$47.0 million in Q1 2024.
- A 5-year average of $29.8 million and a median of -$3.0 million in 2023 frame the typical range for Change in Working Capital.
- Annual changes were most pronounced in 2023 — Change in Working Capital jumped 576.47% — and 2024, when it slumped 1466.67%.
- Tracing TIGO's Change in Working Capital over 5 years: stood at $162.0 million in 2022, then sank by 69.75% to $49.0 million in 2023, then soared by 173.47% to $134.0 million in 2024, then gained by 18.66% to $159.0 million in 2025, then tumbled by 101.26% to -$2.0 million in 2026.
- The last three Change in Working Capital figures came in at -$2.0 million (Q1 2026), $159.0 million (Q4 2025), and -$9.0 million (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Change in Working Capital (Qtr) |
|---|---|---|---|---|---|
| 1 | Verizon Communications | 205.80 Bn | 204.04 Bn | 27.03 Bn | - |
| 2 | T-Mobile US | 197.90 Bn | 195.07 Bn | 17.74 Bn | - |
| 3 | Grupo Televisa, S.A.B | 195.16 Bn | 193.45 Bn | 318.12 Mn | - |
| 4 | At&T | 175.88 Bn | 158.31 Bn | 25.25 Bn | - |
| 5 | Chunghwa Telecom | 33.61 Bn | 31.03 Bn | 728.80 Mn | - |
| 6 | EchoStar | 25.20 Bn | 23.70 Bn | 1.65 Bn | 220.84 Mn |
| 7 | Bce | 22.12 Bn | 22.12 Bn | - | - |
| 8 | Rogers Communications | 19.59 Bn | 18.35 Bn | 1.77 Bn | - |
| 9 | Telefonica Brasil | 18.39 Bn | 18.39 Bn | 1.32 Bn | 869.44 Mn |
| 10 | Millicom International Cellular | 15.70 Bn | 14.71 Bn | - | -5.00 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | -2.00 Mn |
| Mar 31, 2026 | -2.00 Mn |
| Dec 31, 2025 | 159.00 Mn |
| Dec 31, 2025 | 159.00 Mn |
| Sep 30, 2025 | -9.00 Mn |
| Sep 30, 2025 | -9.00 Mn |
| Jun 30, 2025 | -7.00 Mn |
| Jun 30, 2025 | -7.00 Mn |
| Mar 31, 2025 | -6.00 Mn |
| Mar 31, 2025 | -6.00 Mn |
| Dec 31, 2024 | 134.00 Mn |
| Dec 31, 2024 | 134.00 Mn |
| Sep 30, 2024 | -5.00 Mn |
| Sep 30, 2024 | -5.00 Mn |
| Jun 30, 2024 | 15.00 Mn |
| Jun 30, 2024 | 15.00 Mn |
| Mar 31, 2024 | -47.00 Mn |
| Mar 31, 2024 | -47.00 Mn |
| Dec 31, 2023 | 49.00 Mn |
| Dec 31, 2023 | 49.00 Mn |