Millicom International Cellular (TIGO) Inventory (2009 - 2026)
Millicom International Cellular (TIGO) reported Inventory of $111 million for Q3 2026, up 63.2% from $68 million a year earlier and up 9.9% from the prior quarter.
Millicom International Cellular (TIGO) Inventory (2009 - 2026) Analysis & Trends
At the end of FY2025, Millicom International Cellular posted Inventory of $70 million, up 59.1% from FY2024.
- Inventory has a five-year compound annual growth rate of 13.6% (FY2020 to FY2025).
- By year, Inventory came in at $44 million in FY2024 (-2.2%), $45 million in FY2023 (-15.1%), $53 million in FY2022 (-15.9%) and $63 million in FY2021 (+70.3%).
- The Q3 2026 figure ranks as the highest quarterly Inventory in data going back to Q1 2009.
- Year over year, Inventory has now increased in each of the last six quarters, with growth averaging 31.9% over the last eight quarters.
- The high point for year-over-year Inventory in five years was Q1 2022 (growth of 95.7%); the low point was Q2 2023 (a decline of 33.7%).
- Per Business Quant data, the three quarters before Q3 2026 came in at $101 million (Q2 2026), $97 million (Q1 2026) and $70 million (Q4 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Inventory (Qtr) |
|---|---|---|---|---|---|
| 1 | Verizon Communications | 192.19 Bn | 159.83 Bn | 27.05 Bn | 2.78 Bn |
| 2 | T-Mobile US | 180.63 Bn | 163.07 Bn | 15.13 Bn | 3.09 Bn |
| 3 | At&T | 149.48 Bn | 106.93 Bn | 26.22 Bn | 2.89 Bn |
| 4 | Grupo Televisa, S.A.B | 138.76 Bn | 131.89 Bn | 960.50 Mn | 34.80 Mn |
| 5 | Comcast | 89.06 Bn | 55.02 Bn | - | - |
| 6 | Chunghwa Telecom | 38.69 Bn | 31.18 Bn | 728.80 Mn | 552.35 Mn |
| 7 | Vodafone Group Public | 37.39 Bn | 5.63 Bn | - | 883.45 Mn |
| 8 | EchoStar | 29.07 Bn | 10.15 Bn | 647.20 Mn | 119.21 Mn |
| 9 | Bce | 19.98 Bn | 18.22 Bn | 11.61 Bn | 259.31 Mn |
| 10 | Millicom International Cellular | 13.41 Bn | 9.01 Bn | - | 111.00 Mn |
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 111.00 Mn |
| Jun 30, 2026 | 101.00 Mn |
| Mar 31, 2026 | 97.00 Mn |
| Dec 31, 2025 | 70.00 Mn |
| Sep 30, 2025 | 68.00 Mn |
| Jun 30, 2025 | 74.00 Mn |
| Mar 31, 2025 | 56.00 Mn |
| Dec 31, 2024 | 44.00 Mn |
| Sep 30, 2024 | 60.00 Mn |
| Jun 30, 2024 | 63.00 Mn |
| Mar 31, 2024 | 59.00 Mn |
| Dec 31, 2023 | 45.00 Mn |
| Sep 30, 2023 | 65.00 Mn |
| Jun 30, 2023 | 69.00 Mn |
| Mar 31, 2023 | 68.00 Mn |
| Dec 31, 2022 | 53.00 Mn |
| Sep 30, 2022 | 67.00 Mn |
| Jun 30, 2022 | 104.00 Mn |
| Mar 31, 2022 | 90.00 Mn |
| Dec 31, 2021 | 63.00 Mn |
Millicom International Cellular Inventory API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=inventory&ticker=TIGO&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "inventory", "ticker": "TIGO", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=inventory&ticker=TIGO&period=max&api_key=YOUR_API_KEY");
const data = await res.json();