Sale Of Short Term Investments (Historical)
Returns the cash proceeds from selling or maturing short-term investments for a company. This includes marketable securities, treasury bills, commercial paper, and other liquid investments.
Understanding the Metric
Short-term investments include:
- Marketable securities
- Treasury bills and notes
- Commercial paper
- Certificates of deposit
- Money market funds
Positive values indicate cash received from investment sales or maturities. Tech companies with large cash balances often have significant short-term investment activity.
Parameters
| Parameter | Description |
|---|---|
| Symbol | Stock ticker (e.g., AAPL, MSFT) |
| Year | Fiscal year or period code (lq, ly, lq-1, ly-1, lt, lt-1) |
| Quarter | Optional: 1, 2, 3, or 4 (default: 1) |
| TTM | Optional: "TTM" for trailing twelve months |
Period Codes
| Code | Meaning |
|---|---|
| lq | Last reported quarter |
| lq-1 | Quarter before last |
| ly | Last fiscal year |
| ly-1 | Year before last |
| lt | Last trailing twelve months |
| lt-1 | Prior trailing twelve months |
Syntax
=hf_Sale_of_short_term_investments(Symbol, Year, [Quarter], [TTM])Parameters
Stock ticker symbol
Fiscal year (e.g., 2023) or period code (lq, lq-1, ly, ly-1, lt, lt-1)
Calendar quarter (1-4)
Set to 'TTM' for trailing twelve months
Returns
Proceeds from sale/maturity of short-term investments (in currency units)
Examples
=hf_Sale_of_short_term_investments("AAPL", 2023, 4)=hf_Sale_of_short_term_investments("MSFT", "ly")=hf_Sale_of_short_term_investments("GOOGL", 2023, , "TTM")=hf_Sale_of_short_term_investments(A1, B1, C1)=hf_Sale_of_short_term_investments("META", "lq")When to Use
- Analyzing corporate treasury activities
- Understanding investment portfolio management
- Evaluating cash and liquidity strategy
- Calculating net investment cash flow
- Assessing marketable securities activity
When NOT to Use
| Scenario | Use Instead |
|---|---|
| Need long-term investment sales | hf_Sale_of_long_term_investments() |
| Need short-term investment purchases | hf_Purchase_of_short_term_investments() |
| Need total cash | hf_Cash_at_end_of_period() |
| Need marketable securities balance | Check balance sheet functions |
Common Issues & FAQ
Why are these numbers so large for tech companies?
Companies like Apple and Google maintain massive cash reserves invested in short-term securities. They regularly buy and sell these investments as part of normal treasury management.
How does this differ from operating cash flow?
Short-term investment activity is classified as investing, not operating. Even though these are liquid assets, buying/selling them is considered investment activity.
What's the net investment activity?
Net = Sales - Purchases. Compare hf_Sale_of_short_term_investments() with hf_Purchase_of_short_term_investments() to see if the company is building or reducing investment holdings.
Related Formulas
More MarketXLS Historical Fundamentals formulas you can use in the same worksheet:
- Sales Indicator (Historical)
- Sales Per Dollar Inventory (Historical)
- Sales Per Dollar Receivables (Historical)
- Sales Per Employee (Historical)
- Sales Per Share (Historical)
- Selling, General & Administrative Expense (Historical)
- SG&A Expense As Percentage Of Revenue (Historical)
- Share Based Compensation (Historical)
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