Monday, January 21, 2019
Differences in Earnings Releases and 10-Ks

Wednesday, January 16, 2019
The Importance of Textual Analysis

Tuesday, January 8, 2019
A Look at Climate Change Disclosures

Wednesday, January 2, 2019
Quants: Point-in-Time Data for Backtesting

Friday, December 28, 2018
Now Showing: Controls & Procedures

Thursday, December 27, 2018
A Reminder on Non-GAAP Reporting Rules

Monday, December 17, 2018
Researching PG&E’s Wildfire Risk

Wednesday, December 12, 2018
Tracking Brexit Disclosures

Thursday, December 6, 2018
Campbell Soup: Looking Behind the Label

Sunday, December 2, 2018
SEC Comment Letters: The Amazon Example

Wednesday, November 28, 2018
Measuring Big Pharma’s Chemical Dependency

Monday, November 26, 2018
Analysts, Can You Relate? A True Story

Monday, November 19, 2018
Digging Up Historical Trend Data: Quest Example

Sunday, November 11, 2018
Cost of Revenue, SG&A: Q3 Update

Monday, November 5, 2018
Lease Accounting: FedEx vs. UPS

Saturday, November 3, 2018
New Email Alerting Powers

Wednesday, October 31, 2018
PTC and Two Tales of Revenue

Tuesday, October 30, 2018
10-K/Q Section Text Change Detection

Sunday, October 28, 2018
Finding Purchase Price Allocation

Sunday, October 21, 2018
Charting Netflix Growth in Three Ways

Archive  |  Search:
Segments Reporting: A Whole New Look
Tuesday, February 28, 2017

Calcbench is happy to announced a revamped Segments, Rollforwards, and Breakouts page, with a more intuitive interface and faster data retrieval so subscribers can dive into the details that much more quickly.

You now can select a peer group (how? we’ve covered that in previous posts) and then view a long list of segment reporting choices from a new pull-down menu. Once you select a choice, the data automatically appears on your screen and is ready for whatever analysis you want to do.

Let’s walk you through it.

First, when you arrive at the Segments page, you’ll be asked to choose companies, based on the Choose Companies button at the upper-left portion of your screen. We used the “whole universe” option as a default, which gives you this:

Note the “Data Set” menu, circled above in blue. Activate that menu, and you see these choices below:

Those are your segment and breakout options. Choose whichever option you like, and the data will automatically appear on your screen, applied to whatever peer group you chose. You’ll see something like this, below:

For this example, we chose to see geographic segments for the S&P 500. Since the first company in the S&P 500 when listed alphabetically is 3M Corp., we can see the geographic reporting for 3M. (But trust us, if we could scroll down this image above we’d see all the other companies and their geographic segment reporting as well.)

A few other points worth mentioning: Yes, you can also filter the results by year and by annual or quarterly filing (as you can do with most of our data results), by adjusting the date range settings in the upper-right corner of your screen.

You can also refine results within segments by looking atop that second column that says “Segment.” For example, in our geographic search above, you could enter “China” into the text field and view only companies reporting segmented results for China—or Mexico, or Europe, or Asia, or whatever you want to try.

We should also add a caveat here that not all companies report segments in the same way, especially with geography. One company might report “China” and mean the whole nation; another might report China and Hong Kong separately; others might report “Asia excluding Japan” or “Far East.” Likewise, some might report “Mexico” while others report “Latin America,” with Mexico included.

How do you sort out what each company means? With patience. You can use our Interactive Footnotes page to dive into specific disclosures, and that will often give you the answer you need—but you’ll still need to research details like that one company at a time.

And just so we don’t dwell too much on geographic segments as an example, here is another. We searched for debt instruments among the Dow Jones Industrial average for 2016, and the results are below. Again, because 3M appears first in the DJIA, we can only see 3M’s debt instruments—but the format is the same. You can refine results by instrument, perhaps searching for, say, instruments due in “2021” or those with “fixed” rate. Really, it’s up to you.

As always, Calcbench is happy to hear feedback from customers on this new project or anything else. We’re here to make subscribers’ data analysis faster and easier, so send suggestions to anytime you have one.

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