Prepaid Expenses (Historical)

Returns prepaid expenses from historical balance sheets, representing payments made in advance for goods or services.

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

  • Represents advance payments for insurance, rent, subscriptions, etc.
  • Current asset that will be expensed over time
  • Important for understanding cash flow timing

Examples

=hf_Prepaid_expenses("AAPL", 2023, 4)
Apple Q4 2023
=hf_Prepaid_expenses("MSFT", "ly", 2)
Microsoft last year Q2
=hf_Prepaid_expenses(A1, B1, C1)
Cell references

When to Use

  • Working capital analysis
  • Understanding cash flow timing
  • Current asset breakdown
  • Accrual accounting analysis

When NOT to Use

Scenario Use Instead
Need total current assets hf_Total_current_assets()
Need accounts receivable hf_Accounts_receivable()
Need other current assets hf_Other_current_assets()

Common Issues & FAQ

Q: What's typically included in prepaid expenses? A: Insurance premiums, rent, subscriptions, and other payments made before services are received.

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MarketXLS Excel Add-in Tutorial - How to Use Prepaid Expenses (Historical) and Other Financial Formulas
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