Finished Goods (Historical)

Returns the finished goods inventory balance from historical balance sheets, representing completed products ready for sale.

Parameters

Parameter Required Description
Symbol Yes Stock ticker symbol
Year Yes Fiscal year or period code
Quarter No Calendar quarter 1-4
TTM No Set to "TTM" for trailing twelve months

Notes

  • Represents completed products awaiting sale
  • High levels may indicate sales weakness
  • Important for inventory turnover analysis

Examples

=hf_Finished_goods("AAPL", 2023, 4)
Apple Q4 2023
=hf_Finished_goods("NKE", "ly", 2)
Nike last year Q2
=hf_Finished_goods(A1, B1, C1)
Cell references

When to Use

  • Inventory composition analysis
  • Sales efficiency assessment
  • Working capital management
  • Demand forecasting analysis

When NOT to Use

Scenario Use Instead
Need total inventory hf_Total_inventory()
Need raw materials hf_Raw_materials()
Need work in progress hf_Work_in_progress()

Common Issues & FAQ

Q: Why are finished goods increasing while revenue is flat? A: This may indicate weakening demand or production exceeding sales.

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MarketXLS Excel Add-in Tutorial - How to Use Finished Goods (Historical) and Other Financial Formulas
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