Increase Decrease In Inventories (Historical) Formula in Excel

The Increase Decrease In Inventories (Historical) formula in Excel with MarketXLS helps you analyze how a company’s inventories have changed over specific periods. This Excel function retrieves historical fundamental data, allowing investors, analysts, and researchers to compare and track fluctuations in inventory balances over time. By integrating MarketXLS data, the function ensures you have reliable, real-time insights directly in your spreadsheet.

Understanding Increase Decrease In Inventories (Historical)

Use this formula to:

• Gain insights into a company’s inventory management strategy.
• Evaluate stock levels and their implications for operational efficiency.
• Track quarterly or yearly changes in inventories for historical trend analysis.

Key Benefits

• Quickly analyze historical inventory fluctuations.
• Simplify your workflow by pulling data directly into Excel.
• Stay informed about a company's production and sales dynamics over time.

When to Use

• Comparing multiple time periods (e.g., quarter by quarter, year by year).
• Performing trend analysis for investment research.
• Monitoring changes in a company’s working capital.

Syntax and Parameters

Use the following syntax in Excel:

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

?? Note: The function returns "NA" if the symbol is invalid, data is unavailable, or if you are not subscribed to a MarketXLS plan that supports this data.

Return Value

• A numeric value representing the historical increase (or decrease) in inventories.
• Returns "NA" if there’s an error or if data is not found.

Special Cases and Limitations

• The function relies on external MarketXLS data. Delays or unavailability of data may impact results.
• Using “ly” (last year) or “lq” (last quarter) calculates data relative to the most recent reported period.
• For “TTM” calculations, the function looks at the trailing twelve months from the specified quarter or derives the last reported quarter if omitted.

Examples and Usage

Below are some typical usage scenarios and syntax examples:

1. Retrieving annual data for 2022:

   =hf_Increase_Decrease_in_Inventories("MSFT", 2022)

2. Including a specific quarter (Q2 of 2022):

   =hf_Increase_Decrease_in_Inventories("MSFT", "2022", 2)

3. Adding the “TTM” parameter:

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

4. Using relative references (last quarter, last year):

   =hf_Increase_Decrease_in_Inventories("MSFT", "lq")
   =hf_Increase_Decrease_in_Inventories("MSFT", "ly-1")

5. Handling different symbol formats:

   • Regular Symbol:

     =hf_Increase_Decrease_in_Inventories("MSFT", "2023")

   • Index:

     =hf_Increase_Decrease_in_Inventories("^SPX", "lq")

   • Option Contract:

     =hf_Increase_Decrease_in_Inventories("@MSFT 110122C00020000", "2023")

   • Cryptocurrency:

     =hf_Increase_Decrease_in_Inventories("BTCUSD:DEFAULT", "2023")

? Pro Tip: If referencing a date cell (e.g., A1) or a date string directly, you can convert it to a Year or Quarter format as needed.
For instance:
• Using a cell reference:

=hf_Increase_Decrease_in_Inventories("MSFT", A1)

• Passing a direct date:

=hf_Increase_Decrease_in_Inventories("MSFT", "2024-03-15")

• Using Excel date functions:

=hf_Increase_Decrease_in_Inventories("MSFT", TEXT(A1,"yyyy-mm-dd"))

Performance Considerations

• Each call fetches data from the MarketXLS API. For large datasets, consider organizing your calculations to minimize repeated calls.
• Ensure your network connection is stable for best results.

Common Questions

1. Why am I getting “NA”?

   • The symbol may be invalid or unsupported.
   • Data might be temporarily unavailable.
   • Your MarketXLS subscription may not include historical fundamental data.

2. How do I compare multiple years quickly?

   • Use separate cells for different years or quarters, then place formulas side by side to compare.

3. Can I use this function for non-U.S. companies or other assets?

   • Yes, MarketXLS supports many international tickers, indices, and even crypto symbols.

4. Does the function automatically update?

   • Depending on your Excel settings and MarketXLS refresh configurations, the function recalculates when triggered.

?? Note: Refer to our other Historical Fundamentals functions for complementary data points, such as “Revenue (Historical),” “Cost Of Revenue (Historical),” or “Gross Profit (Historical).”

• Related Functions:
  • Revenue (Historical)
  • Cost Of Revenue (Historical)
  • Gross Profit (Historical)
  • R & D Expenses (Historical)
  • Selling General and Administrative Expense (Historical)

Use the Increase Decrease In Inventories (Historical) formula to stay on top of a company’s inventory trends and make better-informed decisions in your financial analysis or investment research. By combining MarketXLS data with Excel, you’ll keep your inventory analyses both detailed and efficient.