Sales Per Dollar Inventory (Historical) Formula in Excel

Welcome to this comprehensive guide on the Sales Per Dollar Inventory (Historical) formula in Excel with MarketXLS. By integrating MarketXLS with Excel, you can efficiently retrieve and analyze a company’s historical performance related to how much sales are generated per dollar of inventory.

Understanding Sales Per Dollar Inventory (Historical)

The Sales Per Dollar Inventory (Historical) metric helps you quickly see how effectively a company uses its inventory to generate sales revenue over specific historical periods. It can be particularly valuable for:

• Evaluating operational efficiency.
• Comparing performance across different times (annual, quarterly, TTM).
• Spotting trends in sales performance relative to inventory levels.

? Pro Tip: Higher sales per dollar of inventory can signal strong inventory management and operational efficiency.

Syntax and Parameters

Below is the syntax for using the hf_Sales_per_Dollar_Inventory function in Excel with MarketXLS:

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

?? Note: If you supply an invalid Symbol or if your MarketXLS subscription is not valid for the requested data, the function will return "NA".

Return Value

• Numeric value representing the sales generated per dollar of inventory.
• Returns "NA" (string) in case of invalid inputs, data unavailability, or license restrictions.

Date Input Formats

Though this formula typically uses years and quarters, you can also pass date information to the Year parameter in different ways:

1. Cell reference:

   =hf_Sales_per_Dollar_Inventory("MSFT", A1)

2. Direct date:

   =hf_Sales_per_Dollar_Inventory("MSFT", "2024-03-15")

3. Using Excel date functions:

   =hf_Sales_per_Dollar_Inventory("MSFT", TEXT(A1,"yyyy-mm-dd"))

Symbol Input Formats

MarketXLS supports various symbol types:

• Regular Stock:

  =hf_Sales_per_Dollar_Inventory("MSFT", "2022")

• Index:

  =hf_Sales_per_Dollar_Inventory("^SPX", "2022")

• Options:

  =hf_Sales_per_Dollar_Inventory("@MSFT 110122C00020000", "2022")

• Crypto:

  =hf_Sales_per_Dollar_Inventory("BTCUSD:DEFAULT", "2022")

Examples and Usage

Below are practical examples illustrating different use cases:

1. Specific Year:

   =hf_Sales_per_Dollar_Inventory("MSFT", "2022")

   Returns the annual value for Microsoft in 2022.

2. Specific Year and Quarter:

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

   Returns the value for the second calendar quarter of 2022.

3. Year, Quarter, and TTM:

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

   Returns the trailing twelve-month value leading up to the third quarter of 2022.

4. Last Quarter (LQ):

   =hf_Sales_per_Dollar_Inventory("MSFT", "lq")

   Automatically fetches data for the most recently reported quarter.

5. Last Year (LY) with offset:

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

   Gives you the last year minus one period.

? Pro Tip: Combine these parameters with different offsets (e.g., "lq-1", "ly-1", "lt-1") to quickly compare historical data across multiple consecutive periods.

Common Questions

1. Why do I get "NA" as a result?

• Invalid or unsupported symbol.
• Data not available for the specified year or quarter.
• License or subscription issues.

2. Can I use this function for non-standard reporting periods?

• This function is designed for standard quarterly or annual data. Non-standard reporting periods may result in "NA".

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

1. Avoid excessive recalculations in large worksheets.
2. Use Excel’s built-in “Calculate Sheet” or “Calculate Workbook” options.
3. Store results in helper columns to reduce repeated calls.

4. Are there related functions for deeper analysis?

• Revenue (Historical): =hf_Revenue(...)
• Cost Of Revenue (Historical): =hf_Cost_of_Revenue(...)
• Gross Profit (Historical): =hf_Gross_Profit(...)
• R & D Expenses (Historical): =hf_R_and_D_Expenses(...)
• Selling General and Administrative Expense (Historical): =hf_SGA_Expenses(...)

?? Note: Ensure you have the correct MarketXLS plan for these historical fundamental data functions.

By following the guidelines in this documentation, you can effectively leverage the Sales Per Dollar Inventory (Historical) formula in Excel with MarketXLS to gain insights into operational efficiency and inventory management performance.