Increase Decrease In Other Working Capital (Historical) Formula in Excel

Understanding Increase Decrease In Other Working Capital (Historical)

The Increase Decrease In Other Working Capital (Historical) formula in Excel with MarketXLS helps you analyze the change in a company's other working capital over a past period. This function is valuable for:

• Identifying fluctuations in other working capital items.
• Understanding a company’s short-term liquidity and operational efficiency.
• Evaluating past trends for better forecasting and decision-making.

? Pro Tip: Use this formula alongside other financial metrics (like revenue and net income) to gain a comprehensive view of a company’s financial health.

Syntax and Parameters

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

?? Note: If the Symbol is invalid or you are not subscribed to the required plan, the function returns "NA".

Return Value

• Returns a numeric value indicating the company’s change in other working capital.
• If the underlying data is unavailable or an error occurs, returns "NA".

Special Cases and Limitations

• When using “ly” or “lq,” the function automatically infers the last year or quarter from the current date.
• If TTM is provided, the formula calculates the trailing twelve months data up to the specified quarter and year.
• Results may vary if no data is available for the specified date range.

Performance Considerations

• Data is retrieved from MarketXLS’ API. Frequent calls for large batches of tickers may take additional time.
• Use caching or batch updates for optimal performance.

Examples and Usage

Below are practical examples demonstrating how to use the formula with different parameter inputs:

1. Basic usage by year:

   =hf_Increase_Decrease_in_Other_Working_Capital("MSFT", 2022)

   Retrieves the change in other working capital for Microsoft in 2022.

2. Specific quarter:

   =hf_Increase_Decrease_in_Other_Working_Capital("MSFT", 2022, 2)

   Returns the value for 2022’s second quarter.

3. Using trailing twelve months (TTM):

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

   Retrieves the TTM figure ending in the third quarter of 2022.

4. Last quarter shortcuts:

   =hf_Increase_Decrease_in_Other_Working_Capital("MSFT", "lq")

   Fetches the change for the most recently reported quarter.

5. Last year shortcuts:

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

   Fetches the change for the prior last year (one year before last year).

Variations for the Year Input

• Using cell references:

=hf_Increase_Decrease_in_Other_Working_Capital(A1, B1)

(Where A1 has the symbol, and B1 has the year.)

• Direct year input:

=hf_Increase_Decrease_in_Other_Working_Capital("MSFT", 2023)

• Using Excel date functions:

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

(Converts a date in cell A1 to the year format.)

Symbol Formats

• Regular symbol:

=hf_Increase_Decrease_in_Other_Working_Capital("MSFT", 2023)

• Index:

=hf_Increase_Decrease_in_Other_Working_Capital("^SPX", 2023)

• Option:

=hf_Increase_Decrease_in_Other_Working_Capital("@MSFT 110122C00020000", "ly")

• Crypto:

=hf_Increase_Decrease_in_Other_Working_Capital("BTCUSD:DEFAULT", "lq")

Common Questions

1. Why am I getting “NA” as a result?

• The symbol might be invalid or not supported.
• The period requested may not have any available data.
• Your MarketXLS subscription plan may not support the required data.

2. Can I reference a cell for the quarter or TTM fields?

Yes. Use cell references or formulas, for example:

=hf_Increase_Decrease_in_Other_Working_Capital(A1, 2022, B1, C1)

(Where B1 could be 2 or “lq,” and C1 could be “TTM.”)

3. Does it work for international stocks or only US equities?

MarketXLS supports many global exchanges. Check your plan details to confirm availability.

4. Can I use this formula to forecast future changes in working capital?

This formula is based on historical data. Combine it with other forecasts or forward-looking methods for more accurate projections.

? Pro Tip: Pair the Increase Decrease In Other Working Capital (Historical) formula with other Historical Fundamentals like Revenue (Historical) and Gross Profit (Historical) to get a broader view of the company’s financial performance.

Use this function to stay informed about a company’s operational and liquidity status over different periods. By integrating multiple financial indicators within Excel, you gain deeper insights to make data-driven decisions.