Sganda Expense As Percentage Of Revenue (Historical) Formula in Excel

Understanding Sganda Expense As Percentage Of Revenue (Historical)

The Sganda Expense As Percentage Of Revenue (Historical) formula in Excel with MarketXLS helps you quickly determine a company’s selling, general, and administrative (SG&A) expenses relative to its revenue. By returning a percentage, this formula offers an at-a-glance view of how much of the company’s total sales are consumed by operations, administration, and overhead costs.

• Purpose and Use Cases

  • Evaluate overhead efficiency and profitability.
  • Compare SG&A expense trends across different time frames (quarterly, annually, TTM).
  • Benchmark companies in the same sector to see whose cost structure is more efficient.

• Key Benefits

  • Simplifies the process of extracting SG&A data from historical fundamentals.
  • Provides a clear, single-value metric to gauge ongoing operational costs.

• When to Use

  • When reviewing annual or quarterly fundamentals for accurate trend analysis.
  • Before making investment decisions to understand a company’s cost structure.

Syntax and Parameters

Use the hf_SGandA_Expense_as_Percentage_of_Revenue function to retrieve historical SG&A expense (as a percentage of total revenue) for a specified stock symbol and reporting period.

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

Return Value
• Returns a numeric percentage value indicating SG&A expenses as a fraction of revenue. If the function fails to fetch valid data (e.g., invalid symbol or license issue), it returns NA.

?? Note: The function relies on external data calls. Performance may vary based on network speed and license validity.

? Pro Tip: Combine with other MarketXLS historical fundamental formulas (such as Revenue (Historical), Gross Profit (Historical)) to get a complete picture of cost efficiency and profitability trends.

Examples and Usage

Below are some practical ways to use the function:

1. Basic formula usage:

   =hf_SGandA_Expense_as_Percentage_of_Revenue("MSFT", 2022)

   Returns the SG&A expense percentage for Microsoft in the year 2022.

2. Specify quarter:

   =hf_SGandA_Expense_as_Percentage_of_Revenue("MSFT", 2022, 2)

   Fetches the SG&A expense percentage for Microsoft in Q2 of 2022.

3. Trailing 12 months (TTM):

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

   Returns the trailing 12-month value starting from Q3 of 2022.

4. Using last-quarter (lq) notation:

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

   Pulls the data for the most recent quarter and the previous quarter, respectively.

5. Using last-year (ly) notation:

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

   Fetches the data for the last fiscal year and the prior fiscal year.

6. Showing all date input formats for “year” parameter (if referencing a date in your worksheet):

   • Cell reference:

     =hf_SGandA_Expense_as_Percentage_of_Revenue("MSFT", A1)

     (Assuming cell A1 contains the year or a text string like "ly")
   • Direct date:

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

     (Treats this string as year reference—uncommon scenario, may return "NA" if year is invalid.)
   • Excel date function:

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

     (Converts a date in A1 to a 4-digit year string.)

?? Note: The function expects valid year or time-series keywords. Passing arbitrary date strings may result in NA.

Common Questions

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

   • The symbol may be invalid.
   • Your MarketXLS license might not cover this function.
   • The date/period parameters might be incompatible or incorrectly formatted.

2. How do I speed up calculations?

   • Limit the number of external data calls in your spreadsheet.
   • Use Excel’s manual calculation mode when working with many rows.

3. Can I use this formula for non-US companies?

   • Yes, if the symbol is supported by MarketXLS fundamentals data. Otherwise, an “NA” could appear.

4. Does the formula automatically update?

   • Yes, MarketXLS updates the data periodically. Use Excel’s “Refresh All” if the values do not automatically update.

5. What other related MarketXLS historical fundamentals can I use?

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

? Pro Tip: Pair this formula with “Revenue (Historical)” to quickly calculate the absolute SG&A figure by multiplying the returned percentage by total revenue.