Cost Of Revenue (Historical) Formula in Excel

Welcome to this comprehensive guide on using the Cost Of Revenue (Historical) formula in Excel with MarketXLS. This powerful function lets you retrieve a company’s total cost of revenue for specific historical periods—ensuring more data-driven decision-making and financial analysis.

Understanding Cost Of Revenue (Historical)

• The Cost Of Revenue (Historical) formula returns a company’s total cost of revenue from a specified past time frame.
• Key benefits of using this function include:
  • Access to historical cost-of-revenue data for trend analysis.
  • Streamlined financial modeling directly in Excel.
  • Real-time validation of historical performance.

? Pro Tip: Combine hf_Cost_of_Revenue with other MarketXLS historical fundamentals (like revenue and gross profit) to build a complete financial statement analysis directly in Excel.

Syntax and Parameters

Use the hf_Cost_of_Revenue function as follows:

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

?? Note: Returns "NA" if the symbol is invalid or if you do not have the required MarketXLS data subscription.

Return Value

• Returns a numeric value representing the total cost of revenue for the specified period.
• If an error occurs (e.g., invalid parameters or insufficient data), the function returns "NA".

Date Input Formats

Although this function primarily uses a year (e.g., "2022"), you can reference Excel cells or convert dates to a year string:

1. Cell references:
   » =hf_Cost_of_Revenue("MSFT", YEAR(A1))
2. Direct year input:
   » =hf_Cost_of_Revenue("MSFT", "2024")
3. Using Excel date functions:
   » =hf_Cost_of_Revenue("MSFT", TEXT(A1,"yyyy"))

Symbol Formats

• Regular symbols:
» =hf_Cost_of_Revenue("MSFT", "2022")
• Indices:
» =hf_Cost_of_Revenue("^SPX", "2022")
• Options:
» =hf_Cost_of_Revenue("@MSFT 110122C00020000", "2022")
• Crypto:
» =hf_Cost_of_Revenue("BTCUSD:DEFAULT", "2022")

Examples and Usage

Below are several ways you can use this formula in your Excel worksheets:

1. Retrieve cost of revenue for a given year:
   » ```excel =hf_Cost_of_Revenue("MSFT", 2022)

   Returns Microsoft’s cost of revenue for the year 2022.

2. Retrieve cost of revenue for a specific quarter:
   » ```excel =hf_Cost_of_Revenue("MSFT", 2022, 2)

   Returns MSFT’s cost of revenue for Q2 of 2022.

3. Retrieve TTM data for more up-to-date insights:
   » ```excel =hf_Cost_of_Revenue("MSFT", 2022, 3, "TTM")

   Calculates the trailing twelve months cost of revenue from Q3 of 2022.

4. Use relative references like last quarter (lq), last year (ly), etc.:
   » ```excel =hf_Cost_of_Revenue("MSFT", "lq")

   Returns the cost of revenue for the last reported quarter.

? Pro Tip: When combining hf_Cost_of_Revenue with other historical data functions—like revenue or gross profit—you can rapidly build comparative financial statements and ratio analyses in Excel.

Common Questions

1. Why am I getting "NA"?

• Possible reasons:
  • Invalid Symbol or subscription plan.
  • Unavailable data for the specified period.
  • Incorrect parameter format.

2. Can I reference a cell for the symbol or year?

• Yes. For instance:
  » ```excel =hf_Cost_of_Revenue(A1, B1)

  Make sure the cell references contain valid inputs.

3. How does "TTM" impact performance?

• Enabling trailing twelve months often requires pulling more data periods. Despite slight overhead, it still offers optimized performance for immediate TTM calculations in Excel.

4. Are there limitations on historical data availability?

• MarketXLS typically provides extensive historical data. However, certain symbols or international markets might have fewer historical entries.

?? Note: Always confirm your data subscription coverage for historical fundamentals to ensure uninterrupted access to cost-of-revenue data.

Enjoy seamless cost-of-revenue analysis in Excel with MarketXLS! For additional details, check out other historical fundamental formulas like Revenue (Historical) or Gross Profit (Historical) to complement your financial models.