Selling General and Administrative Expense (Historical) Formula in Excel

Gain deeper insights into a company's financial health by using the Selling General and Administrative Expense (Historical) formula in Excel with MarketXLS. This powerful function returns SG&A expenses for a specific time period, helping you evaluate operational costs and profitability trends.

Understanding Selling General and Administrative Expense (Historical)

• The Selling General and Administrative Expense (Historical) formula retrieves the total SG&A expenses a company reports for a given fiscal year, quarter, or trailing twelve months (TTM).
• This data is vital for comparing operational efficiency across different periods or among different companies.
• By leveraging MarketXLS, you can effortlessly pull historical SG&A data into Excel for advanced analysis and reporting.

Syntax and Parameters

Use the hf_Selling_General_and_Administrative_Expense function in your Excel spreadsheet to fetch historical SG&A figures. Below is the general syntax:

=hf_Selling_General_and_Administrative_Expense(symbol, year, [quarter], [TTM])

?? Note: If invalid inputs or symbols are passed, or if you do not have the required data subscription, the function returns "NA".

Return Value

This function returns a numeric value representing the company's SG&A expenses for the specified period. If the data is unavailable or an error occurs, the function returns "NA".

Examples and Usage

Below are practical scenarios demonstrating how to apply the formula in Excel:

1. Retrieve SG&A expenses for a specific year:

   =hf_Selling_General_and_Administrative_Expense("MSFT", 2022)

   Returns the SG&A expense for Microsoft in 2022.

2. Get SG&A expenses for an index in a particular quarter:

   =hf_Selling_General_and_Administrative_Expense("^SPX", "2023", 3)

   Retrieves the SG&A expense data for the S&P 500 in the third quarter of 2023, if applicable.

3. Pull trailing twelve-month SG&A expenses:

   =hf_Selling_General_and_Administrative_Expense("@MSFT 110122C00020000", "2022", 3, "TTM")

   Fetches SG&A expenses for the specified option symbol, using the third quarter of 2022 data and calculating trailing twelve-month sums.

4. Reference cells for date inputs:

   • Using a cell reference for the year (A1):

     =hf_Selling_General_and_Administrative_Expense("MSFT", A1)

   • Direct date:
     (Not typically used for this formula, but as a concept example)

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

   • Using Excel date functions:

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

? Pro Tip: Combine historical SG&A data with other financial metrics (e.g., revenue, gross profit) to analyze cost trends and build a comprehensive performance dashboard.

Common Questions

1. Why am I getting "NA"?

• You may have entered an invalid symbol or date range.
• Your data subscription for historical fundamentals might be inactive or insufficient.
• The formula cannot locate the requested data for the specified period.

2. How do I improve performance with many calls?

• Use batch retrieval or refresh data in intervals to reduce the number of API calls.
• Ensure your Excel’s recalculation settings are adjusted to manual if you have large datasets.

3. Can I compare SG&A across multiple symbols easily?

• Yes. Simply drag the formula down or across your Excel sheet for each symbol or date range you wish to compare.

4. Does the function support non-U.S. stocks?

• Many global equities are supported. Always confirm with MarketXLS coverage data for symbol availability.

?? Note: This formula requires a historical fundamental data subscription within MarketXLS. If your plan does not include this feature, contact MarketXLS support to upgrade.

By seamlessly integrating the Selling General and Administrative Expense (Historical) formula in Excel with MarketXLS, you can streamline your financial analysis and uncover meaningful insights into a company’s operational costs.