Thank you so much for the series. Your description is very much clear and easy to understand. You are saving my life now. :)
@davidtorre36984 жыл бұрын
Alex - this is awesome. XBRL seems to be so, so heavy. Some companies represent revenue with one tag (us-gaap:Revenues) and others use different tags (us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax). Even worse-- some companies (like Cisco) will use the same tag twice, so there are duplicates. I feel like there is a ton of business logic that goes into creating "simple" balance sheet views on the SEC. I'm wondering if it makes sense to try and re-create that via source XBRL files, or just do a simple web scrape of the HTML summary reports (e.g. r1.htm, r2.htm, etc). The XBRL route is preferred because HTML syntax can change, but XBRL is just so overly complex.
@SigmaCoding4 жыл бұрын
It's a challenge that's for sure because as you mentioned the sheer number of tags you need to identify can be an incredibly challenging task. You're also right that business specific knowledge can be very advantageous as well. I think it's a combination of both, I don't want to rule out the XBRL only because of the detail that's provided but at the same time you can only assume so much without the user providing some type of input.
@davidtorre36984 жыл бұрын
Also - here is a link to the Excel files from FASB: www.fasb.org/jsp/FASB/Page/SectionPage&cid=1176171754056
@SigmaCoding4 жыл бұрын
Thanks for sharing.
@charlottephillips46383 ай бұрын
Is there a way to get more specific info than just the tag? Eg instead of just us-gaap: RevenueFromContractWithCustomerExcludingAssessedTax, could we get the Member or Axis too (to distinguish between revenues from different things)? Thank you!
@MrEo894 жыл бұрын
wait in this video you say this is part 3 of the series, but in the playlist its the last video? so have we watched them out of order?