Increase Decrease In Other Current Assets (Historical) Formula in Excel

Understanding Increase Decrease In Other Current Assets (Historical)

The Increase Decrease In Other Current Assets (Historical) formula in Excel with MarketXLS retrieves the year-over-year or quarter-over-quarter changes in a company’s other current assets. This metric can help you:

• Identify fluctuations in short-term assets (e.g., prepaid expenses, miscellaneous receivables)
• Evaluate cash flow implications
• Track company liquidity more accurately

?? Note: This formula is part of Historical Fundamentals in MarketXLS and returns "NA" if a valid license is not detected, the symbol is invalid, or data is unavailable.

Syntax and Parameters

Use the following syntax in a cell in Excel:

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

? Pro Tip: You can fill year with historical references like "lq" (last quarter), "lq-1" (previous quarter), "ly" (last year), "ly-1", "lt", etc., to quickly get recent or comparative values.

Return Value

• A numeric value representing the increase or decrease in other current assets for the specified period.
• Returns "NA" when data is not available or if there is a licensing or symbol error.

Special Cases and Limitations

• Ensure your MarketXLS license is active.
• This function relies on an external API, so an internet connection is required.
• Performance may be slower if used on a large scale or with many symbols simultaneously.

Examples and Usage

Below are some ways to use the function in Excel:

1. Basic Usage for a Specific Year

   =hf_Increase_Decrease_in_Other_Current_Assets("MSFT", "2022")

   Retrieves the value for Microsoft’s Increase (Decrease) in Other Current Assets in 2022.

2. Year and Quarter

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

   Retrieves the Q2 2022 value.

3. Year, Quarter, and TTM

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

   Returns the trailing twelve months’ data from Q3 2022.

4. Using Relative Keywords

   =hf_Increase_Decrease_in_Other_Current_Assets("MSFT", "lq")
   =hf_Increase_Decrease_in_Other_Current_Assets("MSFT", "ly")
   =hf_Increase_Decrease_in_Other_Current_Assets("MSFT", "lt")

   Fetches data for last quarter, last year, or last twelve months accordingly.

5. Using Cell References and Date Conventions

   • Cell reference for year or quarter:

     =hf_Increase_Decrease_in_Other_Current_Assets("MSFT", A1)

   • Direct string date (e.g., storing "2024-03-15" in your workflows):

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

   • Excel date functions:

     =hf_Increase_Decrease_in_Other_Current_Assets("MSFT", TEXT(A1,"yyyy"))

Common Questions

1. What if I get “NA” as a result?

   • Double-check your MarketXLS license status.
   • Confirm the symbol, year, and quarter are valid.
   • Ensure you have an active internet connection.

2. How does TTM work in this function?

   • When “TTM” is specified, the function calculates the trailing twelve months ending in the selected quarter/year.

3. Can I use this for indices, options, or crypto?

   • Yes. Simply input the appropriate symbol format, like ^SPX for S&P 500 Index or "BTCUSD:DEFAULT" for Bitcoin.

4. Does this function impact performance?

   • For a single symbol, performance impact is minimal. For bulk symbols in many cells, consider refreshing data in intervals.

5. What other related historical fundamentals can I track?

   • You can also evaluate:
     • Revenue (Historical)
     • Cost Of Revenue (Historical)
     • Gross Profit (Historical)
     • R & D Expenses (Historical)
     • Selling General and Administrative Expense (Historical)

?? Note: If you experience any inconsistent results or errors, please contact MarketXLS support or refer to the MarketXLS knowledge base for assistance.