Deferred Revenue (Historical) Formula in Excel

Deferred revenue represents money received in advance for goods or services that have yet to be delivered or performed. By leveraging the “Deferred Revenue (Historical)” formula in Excel with MarketXLS, you can easily track, analyze, and compare this unearned income over specific years or quarters.

Understanding Deferred Revenue (Historical)

Deferred revenue is a key metric for:

• Monitoring unearned income that will be recognized in future periods
• Assessing a company’s short-term liquidity and future growth potential
• Evaluating changes in advanced payments or subscriptions year over year

You can use this function to quickly retrieve historical deferred revenue figures, making it simpler to incorporate these values into financial models and analysis.

Syntax and Parameters

Use the following syntax for the hf_Deferred_Revenue function:

=hf_Deferred_Revenue(Symbol, year, [quarter], [TTM])

?? Note: The function returns "NA" if the symbol is invalid, if your license is not valid for this data, or if data is unavailable for the specified period.

Return Value

• Returns a numeric value representing the historical deferred revenue for the specified year, quarter, or TTM period.
• Returns the string "NA" if an error occurs or the data is not found.

Error Handling and Limitations

• If you input an invalid symbol, the formula outputs "NA".
• If your current MarketXLS plan does not support the function, you will receive an upgrade prompt.
• Performance is dependent on your internet connection and data subscription; large-scale data retrievals may take a few seconds.

Examples and Usage

Below are some practical ways to use the hf_Deferred_Revenue function in Excel:

1. Basic Yearly Deferred Revenue:

   =hf_Deferred_Revenue("MSFT", 2022)

   Retrieves Microsoft’s deferred revenue for the year 2022.

2. Specifying Quarter:

   =hf_Deferred_Revenue("^SPX", 2023, 2)

   Fetches Q2 2023 deferred revenue data for the S&P 500 index.

3. Using Trailing Twelve Months (TTM):

   =hf_Deferred_Revenue("MSFT", 2021, 3, "TTM")

   Returns trailing twelve months data from the third quarter of 2021.

4. Special References:

   • Last quarter:

     =hf_Deferred_Revenue("MSFT", "lq")

   • Last year minus one:

     =hf_Deferred_Revenue("MSFT", "ly-1")

   • Last 12 months:

     =hf_Deferred_Revenue("MSFT", "lt")

? Pro Tip: Combining references like "lq-1" or "ly-1" allows you to quickly compare data across multiple historical periods without manually adjusting years and quarters each time.

Symbol Input Formats

• Regular Stocks:

  =hf_Deferred_Revenue("MSFT", 2022)

• Indices:

  =hf_Deferred_Revenue("^SPX", 2022)

• Options:

  =hf_Deferred_Revenue("@MSFT 110122C00020000", "lq-1")

• Crypto:

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

Common Questions

1. How do I troubleshoot error values?

   • Check for typos in the symbol.
   • Ensure your MarketXLS subscription covers historical fundamentals.
   • Verify that the year/quarter/TTM combination is valid.

2. Does this formula support international symbols?

   • Yes, but availability depends on your specific MarketXLS plan and the symbol’s data coverage.

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

   • Absolutely. For example:

     =hf_Deferred_Revenue(A2, B2)

     Here, cell A2 might contain "MSFT" and cell B2 might contain 2023.

4. Is it possible to get data for custom date ranges?

   • This specific function focuses on predefined quarterly or yearly periods. For more flexibility, consider other MarketXLS functions designed for date-based data queries.

5. How reliable is the data and how often is it updated?

   • Data comes directly from MarketXLS's API and is generally updated every 24 hours or as provided by the underlying data source.

?? Note: Always confirm critical financial decisions with verified data sources and professional advice.

By integrating the hf_Deferred_Revenue formula into your Excel workflows, you can effortlessly keep track of historical deferred revenue trends and gain sharper insights into a company’s future revenue streams. For additional functionalities, explore other historical fundamentals formulas such as Revenue (Historical), Cost Of Revenue (Historical), and R & D Expenses (Historical).