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Formula that shows Quarters 1-4 in Year

ResolvedVersion 2010

Andrew has attended:
Excel Advanced course
Excel VBA Intro Intermediate course
Excel Advanced - For Power Users course
Excel Dashboards for Business Intelligence course

Formula that shows Quarters 1-4 in Year

I have found this formula on the internet which successfully answered my proble about calculating which quarter the date cell belongs too.

=INT((MONTH(A1)-1)/3)+1

(A1 = 01/01/2014)

My question is can someone explain how the formula itself is structured (how it works by breaking down each part of it).

I'll be grateful for any feedback.

Andy

RE: Formula that shows Quarters 1-4 in Year

Hi Andrew

Thanks for getting in touch. The two powerful parts of the formula are the MONTH and INT functions.

MONTH returns the month for a given date, in the form of a number. So =MONTH(01/05/2013) returns 5.

INT converts a number to an integer, i.e. a whole number. It doesn't round, it just chops off any spare decimal places.

In order, it does this:

1) evaluate the month of the given date
2) subtract 1 and divide by 3 (this converts it to 0, 1, 2 or 3)
3) convert to an integer
4) add 1 to turn it into 1, 2, 3 or 4

You can see this more clearly on your spreadsheet by highlighting a cell that contains this formula, going to the Formulas tab and clicking Evaluate Formula. Excel will then slowly step through the function for you.

Kind regards

Gary Fenn
Microsoft Office Specialist Trainer

Tel: 0207 987 3777
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RE: Formula that shows Quarters 1-4 in Year

That's explained it perfectly - Thanks Gary.

Excel tip:

Apply currency format quickly in Excel

To quickly apply the currency format to cell in your spreadsheet, select (highlight) the cells you wish to apply currency format to, then use Ctrl + Shift + $

This will apply a pounds symbol even though the $ key is pressed.

View all Excel hints and tips

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