Trade And Non Trade Payables (Historical) Formula in Excel

Understanding Trade And Non Trade Payables (Historical)

Trade And Non Trade Payables (Historical) in Excel is a powerful MarketXLS function that retrieves historical values of both trade and non-trade payables for a given company. Trade payables refer to obligations for goods or services acquired from suppliers as part of core business operations, while non-trade payables cover other obligations like utilities, taxes, or salaries.

• Purpose: Helps you quickly obtain crucial insight into a company’s liabilities to suppliers and other payables.
• Key Benefits:
  • Provides a clear snapshot of payables at different historical periods.
  • Enables more in-depth fundamental analysis and financial health assessments.
• When to Use: Ideal when performing historical financial analysis, trend forecasting, or creating comparison reports across different time frames.

Syntax and Parameters

Use the formula in Excel as follows:

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

Return Value:
Returns a numeric value representing the trade and non-trade payables for the specified period. If data is unavailable or an error occurs, the function will return "NA".

?? Note: Ensure you have an active MarketXLS subscription with historical fundamentals data access to use this function.

Examples and Usage

Below are various ways to use the formula in Excel:

1. Basic yearly data lookup:

   =hf_Trade_and_Non_Trade_Payables("MSFT", 2022)

   Returns the payables value for Microsoft in 2022.

2. Specifying a quarter:

   =hf_Trade_and_Non_Trade_Payables("MSFT", 2022, 2)

   Retrieves the payables value for the second quarter of 2022.

3. Using trailing twelve months (TTM) data:

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

   Returns the TTM payables up to the third quarter of 2022.

4. Last quarter reference (lq):

   =hf_Trade_and_Non_Trade_Payables("MSFT", "lq")

   Fetches the most recently reported quarterly figure.

5. Shifting back one quarter:

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

   Returns the figure for the quarter prior to the last reported quarter.

6. Last year references:

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

   Retrieves last year’s payables and the year before that, respectively.

7. Last twelve months references:

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

   Provides the payables for the last 12 months and the previous last 12-month period.

? Pro Tip: Combine hf_Trade_and_Non_Trade_Payables with other MarketXLS historical fundamental formulas (e.g., Revenue (Historical) or Gross Profit (Historical)) to build comprehensive financial reports.

Common Questions

1. Why am I getting "NA" as a result?

   • Ensure the symbol is valid, you have an appropriate subscription plan, or that you’ve provided correct parameters (year, quarter, TTM).

2. Can I reference cell values for parameters?

   • Yes. For example:

     =hf_Trade_and_Non_Trade_Payables(A2, B2)

     Where A2 contains the symbol (e.g., "MSFT") and B2 contains the year (e.g., 2022).

3. Do I need to manually update this function each time?

   • Most references (like "lq" or "ly") automatically pull the latest available data, but you may refresh your spreadsheet or recalculate to get the most current figures.

4. Is there a performance impact when using many such formulas?

   • Each call fetches data via MarketXLS servers. For large spreadsheets with multiple formulas, consider using partial updates or caching results in separate cells.

5. What if I want to see data for specific dates or advanced date formats?

   • This function primarily focuses on quarterly and yearly fundamentals. To explore daily or other date-based data, you might need a different MarketXLS function.

For more details and comprehensive fundamental analysis, explore additional MarketXLS historical fundamental functions:

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