Adjustments To Revenue (Historical) Formula in Excel

Understanding Adjustments To Revenue (Historical)

The Adjustments To Revenue (Historical) formula in Excel helps you track and evaluate any modifications to a company's reported revenue across different time periods. By using this function in tandem with MarketXLS, you can:

• Compare adjusted revenue figures from different quarters or years
• Perform in-depth fundamental analysis using real-time and historical data
• Streamline your financial modeling by automating revenue adjustments

? Pro Tip: Use this function to identify potential one-time adjustments or irregular items that might affect the revenue figure, giving you a clearer picture of a company’s true financial performance.

Syntax and Parameters

Syntax

=hf_Adjustments_to_Revenue(Symbol, Year, [Quarter], [TTM])

Use hf_Adjustments_to_Revenue in Excel to fetch the adjustments to a company's revenue value.

Parameters

Return Value

• Returns a numeric value if available.
• Returns "NA" if the symbol or parameters are invalid, or if the data is unavailable.

?? Note: Make sure you have a valid MarketXLS subscription to use this formula. If your plan does not support certain data types or regions, the formula may return "NA".

Examples and Usage

Below are various ways to fetch adjustments to revenue information using this formula:

• By referencing a cell:

  =hf_Adjustments_to_Revenue(A1, 2023)

  (Where cell A1 contains "MSFT".)

• By typing the symbol directly:

  =hf_Adjustments_to_Revenue("MSFT", 2022)

• Using indices:

  =hf_Adjustments_to_Revenue("^SPX", 2022)

• Using options:

  =hf_Adjustments_to_Revenue("@MSFT 110122C00020000", 2022)

• Using crypto symbols:

  =hf_Adjustments_to_Revenue("BTCUSD:DEFAULT", "ly")

• Specifying quarter and TTM:

  =hf_Adjustments_to_Revenue("MSFT", 2022, 3, "TTM")

  ? Pro Tip: Quarter references can be combined with "TTM" to compare trailing twelve-month figures from specific quarters.

• Using relative references:

  1. Last quarter:

     =hf_Adjustments_to_Revenue("MSFT", "lq")

  2. Last quarter minus one:

     =hf_Adjustments_to_Revenue("MSFT", "lq-1")

  3. Last year:

     =hf_Adjustments_to_Revenue("MSFT", "ly")

  4. Last 12 months (LT):

     =hf_Adjustments_to_Revenue("MSFT", "lt")

?? Note: If you see "NA," it could be due to an invalid symbol, a lack of historical data for that period, or your MarketXLS plan limitations.

Common Questions

1. Why am I getting "NA" when using a valid symbol?

   • Ensure your subscription level supports historical fundamental data for that symbol. Also, confirm the year, quarter, and TTM parameters are correct.

2. Can I use specific dates for the year parameter?

   • This function relies on a fiscal year (e.g., 2022) or relative time keywords (like "ly-1"). However, you can combine date inputs in other MarketXLS formulas or use the relative references ("ly", "lq") to match your exact date range needs.

3. How do I interpret the adjusted revenue figures?

   • Adjusted revenue removes or adds specific items from reported revenue. It offers insights into the core operations of the business, highlighting irregular or one-time events.

4. Are there performance implications when using this function repeatedly?

   • In most cases, the function is optimized for quick retrieval. However, very large spreadsheets or repeated API calls may slow load times. To mitigate this, consider caching results or limiting the frequency of data refreshes.

5. What if I need additional details beyond revenue adjustments?

   • MarketXLS provides a range of historical fundamental formulas (e.g., Revenue (Historical), Cost Of Revenue (Historical), Gross Profit (Historical), etc.) for deeper analysis.

? Pro Tip: Combine hf_Adjustments_to_Revenue with other fundamental formulas (like hf_Revenue) to get a complete picture of a company's reported and adjusted figures.

Use these insights to enhance your financial analysis, compare reported vs. adjusted revenue, and make more informed investment decisions.