Understanding the hf_Number_of_part-time_employees Function

The hf_Number_of_part-time_employees function in MarketXLS allows you to retrieve the reported number of part-time employees for a given company’s stock ticker, based on the chosen year and time period (quarter or full year). With this essential workforce metric, you can get a snapshot of part-time staffing levels and track changes over time—all within Excel.

MarketXLS seamlessly connects to fundamental data sources, letting you focus on analyzing trends and making data-backed decisions. Whether you’re studying cost structures, industry comparisons, or workforce strategy, this function provides essential insights at the click of a button.

Why Use This Function?

  • Gain workforce insights: Quickly identify shifts in part-time employment for better HR or operational analyses.
  • Historical trending: Compare part-time staffing levels across different quarters or years.
  • Enhanced reporting: Incorporate part-time employee counts into your custom Excel reports or dashboards.
  • Quick data retrieval: Pull numbers directly into Excel without manual lookups or data merges.
  • Supports multiple periods: Retrieve data for a specific quarter, a full year, or a rolling TTM period (if applicable) to suit your analysis needs.

How to Use in Excel

Simply enter the function into a cell, specifying the required parameters. For instance:

=hf_Number_of_part-time_employees("AAPL", 2022, 2, "")

• Symbol (e.g., "AAPL" for Apple).
• The year (e.g., 2022).
• Optional quarter (set it to a number 1–4).
• Optional TTM argument (leave blank or enter a string to indicate TTM).

When you hit Enter, MarketXLS queries its fundamental data sources and returns the total number of part-time employees for that period. If data is missing, it returns "NA."

Parameters Explained

Parameter Description Example Values Notes
Symbol The ticker symbol of the stock you want data for. "AAPL", "MSFT" Must be a validly recognized ticker symbol (US or certain international equities).
year The specific reporting year for which you want the part-time employee count. 2022, 2020 Can be a standard four-digit year or special values like "LY-1" (referring to historical “last year” offsets).
quarter (optional) The fiscal quarter to retrieve (1–4) if you want quarterly data. If omitted, defaults to "1". 1 for Q1, 2 for Q2 If you want a yearly total, keep this parameter set to something out of scope or blank.
TTM (optional) Passing a non-blank string indicates a trailing twelve months calculation (if supported). "", "T" If TTM data isn’t available, the function returns "NA."

Example Usage

Basic Examples

  1. Retrieve the number of part-time employees for Apple in Q1 of 2022:
    =hf_Number_of_part-time_employees("AAPL", 2022, 1)
    This will return the reported count for Q1 2022 if available.

  2. Get the number of part-time employees for Microsoft for a full year:
    =hf_Number_of_part-time_employees("MSFT", 2021)
    Omitting the quarter (or leaving it blank) often refers to annual data, if available.

  3. Pull part-time employee data for Tesla’s fiscal year 2020, third quarter:
    =hf_Number_of_part-time_employees("TSLA", 2020, 3, "")
    The function will focus on Q3 of 2020.

Advanced Scenarios

  1. Analyzing Last Year or Last Quarter Data:
    You can use advanced references like "LY-1" or "LQ-2" for the year parameter if your workflow involves comparing multiple historical periods. For example:
    =hf_Number_of_part-time_employees("AAPL", "LY-1", 1)
    This could help retrieve the part-time count from last year, offset by 1 additional year, in Q1.

  2. TTM Data (if Available):
    =hf_Number_of_part-time_employees("MSFT", 2022, 2, "TTM")
    Attempts to return the trailing twelve months value around Q2 2022. If TTM data is not available, you’ll see "NA."

  3. Combining with Other Excel Functions:
    =AVERAGE(
    hf_Number_of_part-time_employees("MSFT", 2021, 1),
    hf_Number_of_part-time_employees("MSFT", 2021, 2),
    hf_Number_of_part-time_employees("MSFT", 2021, 3),
    hf_Number_of_part-time_employees("MSFT", 2021, 4)
    )
    This calculates the average part-time employee count for all quarters of 2021.

Common Questions and Troubleshooting

• Why do I see “NA”?

  • The ticker symbol may be invalid, or data may not be reported for that period.
  • Certain data is not available for some international tickers or older dates.

• Does this function work for older years?

  • Yes, if that historical fundamental data is available. If not, it returns “NA.”

• Are there any restrictions on usage?

  • Some symbols or data points may be plan-dependent. If your plan doesn’t cover it, you may see “Not supported on your plan.”

• How can I confirm that the data is correct?

  • Always cross-verify using official company filings or other MarketXLS fundamental functions.

By leveraging hf_Number_of_part-time_employees in your MarketXLS arsenal, you can seamlessly integrate workforce data into your Excel analyses—helping you draw meaningful conclusions about human capital trends, industry staffing comparisons, and more. Be sure to explore various time frames (quarters, years, TTM) to gain a clearer picture of a company’s evolving part-time workforce.