Inventories Adjustments And Allowances (Historical)
Returns inventory adjustments and allowances from historical balance sheets, typically representing write-downs or reserves for obsolescence.
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
- Usually a negative number (reduces gross inventory)
- Represents obsolescence, damage, or market value declines
- Important for understanding net inventory value
Examples
=hf_Inventories_adjustments_and_allowances("INTC", 2023, 4)=hf_Inventories_adjustments_and_allowances("AMD", "ly", 2)=hf_Inventories_adjustments_and_allowances(A1, B1, C1)When to Use
- Analyzing inventory quality
- Understanding inventory write-offs
- Assessing obsolescence risk
- Reconciling gross to net inventory
When NOT to Use
| Scenario | Use Instead |
|---|---|
| Need total inventory | hf_Total_inventory() |
| Need specific inventory type | hf_Finished_goods(), hf_Raw_materials() |
| Need inventory turnover | Calculate from revenue and inventory |
Common Issues & FAQ
Q: Why is this number negative? A: Adjustments and allowances reduce inventory value, so they're typically negative.
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