Other Receivable (Historical) Formula in Excel

Understanding Other Receivable (Historical)

Other Receivable (Historical) gives you quick access to residual trade or non-trade receivables for a particular historical period. With MarketXLS, you can effortlessly integrate this data directly into Excel to:

• Analyze a company’s unpaid receivables over different time frames
• Compare historical receivables across multiple quarters or years
• Make informed decisions by evaluating the company’s receivable trends over TTM (Trailing Twelve Months)

? Pro Tip: Understanding unpaid receivables can provide insight into short-term liquidity and operational efficiency.

Syntax and Parameters

Use the hf_Other_Receivable formula in your Excel worksheet as shown below:

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

?? Note: If the function encounters invalid inputs (e.g., invalid symbol or license limitations), it returns "NA".

Return Value

• Returns a numeric value representing the historical other receivables if data is available.
• Returns "NA" (string) if the data cannot be fetched or the symbol is invalid.

Error Handling

• The function traps runtime and licensing errors.
• If you are not subscribed to the required data package, "NA" is returned.

Special Cases and Limitations

• For rolling or relative periods (e.g., "lq-1", "ly-2", "lt") the function automatically calculates the appropriate year or quarter based on the last reported data.
• Performance may vary slightly due to API calls retrieving real-time fundamental data.

Examples and Usage

Below are several ways to retrieve historical other receivables in Excel:

1. By specifying a symbol and year only:

   =hf_Other_Receivable("MSFT", "2022")

   Retrieves other receivables for Microsoft for the year 2022.

2. Including a specific quarter:

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

   Returns the second quarter’s other receivables for the year 2022.

3. Using TTM for trailing twelve months:

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

   Retrieves trailing-twelve-month figures from the third quarter of 2022.

4. Working with relative indicators:

   • Last Quarter (lq):

     =hf_Other_Receivable("MSFT", "lq")

   • Last Year (ly):

     =hf_Other_Receivable("MSFT", "ly")

   • Last 12 months (lt):

     =hf_Other_Receivable("MSFT", "lt")

? Pro Tip: Combine this function with formulas like SUM or AVERAGE to quickly aggregate other receivable values across multiple symbols.

Common Questions

1. What if I pass an invalid symbol or no symbol at all?
   You will receive "NA". Always ensure you provide a valid ticker, index, or custom MarketXLS identifier.

2. How do I reference a cell for the symbol or year?
   You can replace the parameter—the “MSFT” or “2022”—with a cell reference, for example:

   =hf_Other_Receivable(A1, B1)

3. Can I analyze data for different date formats (though this formula focuses on year/quarter)?
   While this function typically accepts a year or relative labels (e.g., “lq”, “ly”), you can place your date or year string in a cell. For instance:

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

   However, this is more relevant for functions that expect a direct date input.

4. Is there any limitation on how far back it looks?
   Historical ranges depend on the availability of fundamental data for the symbol. If older data isn’t available, the function returns "NA".

5. Are there related formulas I can use to get more context on a company’s financials?

   • Revenue (Historical)
   • Cost Of Revenue (Historical)
   • Gross Profit (Historical)
   • R & D Expenses (Historical)
   • Selling General and Administrative Expense (Historical)

?? Note: These related functions help build a more complete financial picture alongside “Other Receivable (Historical).”