Raw Materials (Historical) Formula in Excel

Raw Materials (Historical) is a powerful formula in Excel (with MarketXLS) that helps analysts, investors, and finance professionals retrieve a company’s inventory of raw materials as recorded on its balance sheet for specific historical periods. Use this function to make data-driven decisions, assess trends, and perform valuation or fundamental analysis efficiently.

Understanding Raw Materials (Historical)

Raw materials refer to the initial components purchased by a company for production or manufacturing. Tracking them historically can be vital for:

• Analyzing long-term trends in material usage and inventory management.
• Assessing production efficiency relative to past quarters or years.
• Informing cost models for forecasting and budgeting purposes.

? Pro Tip: Use the Raw Materials (Historical) formula alongside other MarketXLS historical fundamental functions (e.g., revenue, cost of revenue) to get a comprehensive overview of a company's production cycle and cost structure.

Syntax and Parameters

Below is the general syntax for using the hf_Raw_Materials function in Excel:

=hf_Raw_Materials(Symbol, Year, [Quarter], [TTM])

?? Note: If the function detects an invalid symbol or license, it returns "NA".

Return Value

• Returns a numeric value (Double) representing the historical amount of raw materials (inventory asset) or a string ("NA") if data is unavailable, invalid, or if there is a license issue.

Special Cases and Limitations

• Invalid or unsupported ticker symbols return "NA".
• Licensing restrictions may return "Not supported on your plan, please upgrade." or "NA".
• When using trailing twelve months (TTM), the function aggregates data for the specified period.
• Date parameters that cannot be parsed or are incomplete default to "NA".

Examples and Usage

Below are some practical examples to illustrate how you can use the Raw Materials (Historical) formula:

1. Basic Yearly Value

   =hf_Raw_Materials("MSFT", 2022)

   Retrieves raw materials inventory for Microsoft in 2022.

2. Quarter-Specific Value

   =hf_Raw_Materials("MSFT", 2022, 2)

   Returns the value for Q2 of 2022.

3. Year and Quarter with TTM

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

   Fetches the trailing twelve months’ value ending with Q3 2022.

4. Relative Date Usage

   • Last Quarter (lq):

     =hf_Raw_Materials("MSFT", "lq")

   • Last Quarter Minus One (lq-1):

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

   • Last Year (ly):

     =hf_Raw_Materials("MSFT", "ly")

   • Last Year Minus One (ly-1):

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

   • Last 12 Months (lt):

     =hf_Raw_Materials("MSFT", "lt")

   • Previous Last 12 Months (lt-1):

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

Date Input Formats

1. Referencing a cell containing a date (A1):

   =hf_Raw_Materials(A1)

2. Hard-coded date string:

   =hf_Raw_Materials("2024-03-15")

3. Combination with Excel date functions:

   =hf_Raw_Materials(TEXT(A1,"yyyy-mm-dd"))

? Pro Tip: Combine hf_Raw_Materials with Excel’s other date or financial functions for dynamic and automated reporting.

Common Questions

1. What happens if the symbol is invalid or unsupported?

You will receive "NA". Double-check the ticker symbol or ensure your plan supports that market or instrument type.

2. Why am I getting "Not supported on your plan"?

This occurs if your current MarketXLS subscription level doesn’t include historical fundamental data for the requested ticker or region.

3. How to improve performance when pulling multiple data points?

• Use range references and apply the formula for multiple rows/columns where possible.
• Minimize recalculations by using Excel’s calculation settings effectively.

4. Can I combine this function with other fundamentals for deeper insights?

Yes, you can pair hf_Raw_Materials with related MarketXLS historical functions like Revenue (Historical), Gross Profit (Historical), etc., to evaluate company performance comprehensively.

?? Note: Always confirm the correctness of returned data with official financial statements.

Related Functions:

• Revenue (Historical): Returns the company's total revenue for a specified historical period.
• Cost Of Revenue (Historical): Returns the company's total cost of revenue for a specified historical period.
• Gross Profit (Historical): Returns the company's gross profit for a specified historical period.
• R & D Expenses (Historical): Returns the research and development expenses for a specified historical period.
• Selling General and Administrative Expense (Historical): Returns the SG&A expenses for a specified historical period.