Inventory As Percentage Revenue (Historical) Formula in Excel

Analyze how a company's inventory compares to its overall revenue using the Inventory As Percentage Revenue (Historical) formula in Excel. This function, available with MarketXLS, helps you make informed decisions by quickly retrieving historical data on inventory as a percentage of total revenue.

Understanding Inventory As Percentage Revenue (Historical)

• Purpose: The Inventory As Percentage Revenue (Historical) formula returns the ratio of a company’s inventory to its total revenue for a specified time period.
• Use Cases:
  • Evaluate trends in inventory management and storage costs over different quarters or years.
  • Compare multiple companies to spot differences in operational efficiency.
• Key Benefits:
  • Streamlined financial analysis with real-time data from MarketXLS.
  • Historical reference for better insight into long-term inventory management.
  • Flexible parameter options (year, quarter, TTM) to suit different reporting needs.

Syntax and Parameters

Use the following syntax in your Excel worksheet:

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

?? Note: If the symbol is invalid or your MarketXLS license is not valid for this function, it will return "NA."

Return Value

• Returns a numeric value representing the inventory as a percentage of total revenue.
• If data is unavailable or an error occurs, the function returns "NA".

Special Cases

• Year inputs can be standard (like "2023") or relative formats like "ly-1" (last year minus one), "lq-1" (last quarter minus one), etc.
• When using TTM syntax, ensure the corresponding quarter parameter aligns with your desired trailing window.

? Pro Tip: Combine relative year references like "lq-2" for two quarters before the last reported quarter.

Examples and Usage

Here are some practical ways to use the hf_Inventory_as_Percentage_Revenue function in Excel:

1. Basic usage for a single year:

   =hf_Inventory_as_Percentage_Revenue("MSFT", 2022)

   Returns the percentage for the year 2022.

2. Specify year and quarter:

   =hf_Inventory_as_Percentage_Revenue("MSFT", 2022, 2)

   Returns the percentage for 2022 Q2.

3. Trailing Twelve Months (TTM):

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

   Retrieves the trailing twelve months figure from 2022 Q3.

4. Last Quarter references:

   =hf_Inventory_as_Percentage_Revenue("MSFT","lq")
   =hf_Inventory_as_Percentage_Revenue("MSFT","lq-1")

   Gives the most recent quarter's value and one quarter before that, respectively.

5. Last Year references:

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

   Returns the most recent fiscal year's value and the year prior to that.

6. Last Twelve Months references:

   =hf_Inventory_as_Percentage_Revenue("MSFT","lt")
   =hf_Inventory_as_Percentage_Revenue("MSFT","lt-1")

   Retrieves the percentage for the latest 12 months and the previous 12-month period.

?? Note: This function relies on historical fundamental data from MarketXLS. Data updates and availability may vary by symbol and reporting frequency.

Common Questions

1. How do I handle errors or missing data?

If the symbol is invalid or the required data is not found, the function will return "NA". Double-check your spelling, symbol type, and license validity to ensure proper access.

2. Are there performance considerations?

Because the function fetches data from MarketXLS APIs, you may experience slight delays for real-time calls. For complex workbooks, consider caching results or using fewer dynamic calls to optimize performance.

3. Can I use different date formats for the year parameter?

Yes, you can use natural references like "LY" (last year), or specify relative references like "ly-2". The function automatically calculates the correct historical period.

4. How often is the data updated?

MarketXLS updates fundamental data on a regular basis, typically when the provider’s new financial statements are available. Check your subscription plan for the exact refresh schedule.

5. How does the function handle trailing data for partial quarters?

For partial or incomplete quarterly data, the function may return partial results or "NA" if the data is unavailable. Always confirm the report release schedule before reliance on partial data.

? Pro Tip: Combine Inventory As Percentage Revenue (Historical) with other historical fundamental functions like Revenue (Historical) or Gross Profit (Historical) for a comprehensive financial analysis.