Sumproduct function to Consolidate Revenues?

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Chandoo.org is all about simplifying life using Excel. When I first started visiting the site, I was amazed at the amount of information on the site, which made your life easier. My next few posts would be about excel functions which can make your life for Financial Modeling easier! These are simple examples that you might find relevant in your daily life as well.

Let’s say your organization had 10 business segments, each segment selling different products at different prices. You have data available for the segments, how do you consolidate the revenues in one shot?

How do you model this in excel fast? In this tutorial we understand how you can use SumProduct() formula to do that!

What is the SumProduct() function

SumProduct() formula in excel, would take a couple of arrays (Say A and B) as inputs. Multiple corresponding items in each Array – A[1] x B[1], A[2] x B[2], … and sum them together.

SumProduct would get you the total revenue from a segmental breakup

image

The function is simple, it does all the difficult calculations for you and gets you the solution!

Traditional way of calculating consolidated Revenues

Step I: Getting the Segmental Revenues

Step II: Summing up the revenues

image

Consolidated Revenues using SumProduct()

Using the SumProduct() the consolidated revenues can be calculated in a single cell! It’s like the calculation is on fire!

image

Where else can this function be useful in Finance?

The function would see a lot of usage in the financial models. You can use it to consolidate revenues (Segmental volumes and prices to total revenues), calculate depreciations (when you have various assets and depreciation rates), consolidate costs (different raw material prices and volumes), NPV (Discount Rates and Cash flows), etc.

Are you also using SumProduct() function in Finance?

I have used SumProduct in my models. I find them to be very useful and speed up the modelling process. But sometimes I find that they confuse the readers of my model. Have you used the function in your models?

Templates to download

I have created a template for you, where the subheadings are given and you have use the functions to get the right values for you! You can download the same from here. You can go through the case and fill in the yellow boxes. I also recommend that you try to create this structure on your own (so that you get a hang of what information is to be recorded).

Also you can download this filled template and check, if the information you recorded, matches mine or not!

Join our Financial Modeling Classes

We are glad to inform that our new financial modeling & project finance modeling online class is ready for your consideration.

Please click here to learn more about the program & sign-up.

The article is written by Paramdeep from Pristine.

Chandoo.org has partnered with Pristine to launch a Financial Modeling Course. For details click here.

Financial Modeling using Excel - Online Classes by Chandoo.org & Pristine

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26 Responses to “FIFA Worldcup Excel Spreadsheets [Roundup]”

  1. J. J. says:

    Nice roundup! Do you know of any one-page spreadsheets which will be updated by an administrator after each game? Would be nice to be able to print out the latest results whenever I feel like checking them as I probably won't be following closely every day.

    I actually haven't tried any of the above ones yet, but I thought I'd mention this one that I found which makes a nice one-page form you can fill in dynamically. http://exceltemplate.net/sports/world-cup-2010-schedule-and-scoresheet/

  2. Diego Garcia says:

    I would like to recommend you these one: http://www.anotagol.com/
    You can choose your interface language (english, spanish, italian, portuguese, german or french) and your country for the timezone of match. I like it very much.

  3. [...] Passend zu gerade laufenden Fußball-WM gibt es auf Chandoo.org alles wissenswerte über Excel-Anwendungen für den Fußball-Fan. [...]

  4. Rohit1409 says:

    Great!!!

    I strongly recommend this :

    http://www.en.excel-soccer-2010.de/downloads

    Chandoo how you found this ...

  5. Chandoo says:

    @Rohit.. really beautiful file. I missed it during my research. Now, I recommend it. 🙂

  6. Mourad Louha says:

    Hi Chandoo - thanks for the recommandation 🙂 - Regards

  7. [...] Excel, then print it on the other side of your Match Schedule from step 2 above. There are several other Excel spreadsheet templates you can download, but this is probably the only one-page version you can find; plus, it [...]

  8. Robert says:

    Does anybody know how to re-create this(?): http://www.marca.com/deporte/futbol/mundial/sudafrica-2010/calendario-english.html
    ...or do you know where a template can be found? I am DYING to have something like this on my site. When I found it, I had been looking for the longest time for a circular calendar. I found a couple that weren't adequate. Then I stumbled upon this one and my eyes nearly popped out of my head. If anyone can lead me in the right direction, I would be eternally grateful!

    Thanks in advance!
    Robert

  9. Chandoo says:

    @Robert...

    Doing something like that is a lot of work. You can probably get it done with some hired help from a flash developer.

  10. Pedro Wave says:

    @Robert, the World Cup flash in the Spanish Marca newspaper is impresive, but not much as my own animated spreadsheet with the Goals of 2010 World Cup South Africa in Excel that I just published into my blog:
    http://pedrowave.blogspot.com/2010/06/goals-of-2010-world-cup-south-africa-in.html

    Download from here:
    http://cid-6b219f16da7128e3.office.live.com/view.aspx/.Public/Goals%20South%20Africa%20Animated.xlsx

    And start to enter the goals of the rest of matches.

  11. Neil says:

    Has anyone seen, or made, a Spreadsheet where you can record the scorers and see a 'top scorers' chart. Would be a nice enhancement

  12. Chandoo says:

    @Neil... checkout this one http://www.inflexionary.com/sports/world-cup-2010-excel

    it uses macros to fetch scores from web (and provides very comprehensive analysis too)

    @All.. Thanks for the comments. I have updated the post with few more links now.

  13. Sergio Mathias says:

    Hi,
    Check this dashboards too:
    http://dashboards.org/world-cup-dashboards-and-visualizations/
    😉

  14. [...] Here is a collection of FIFA World Cup Spreadsheets if you are more in to that sort of thing. | [...]

  15. [...] Cup fever is here!In FIFA Worldcup Excel Spreadsheets Roundup, Chandoo has some links to useful World Cup tracking workbooks. Only one of them (the first one) [...]

  16. [...] World Cup fever is here!In FIFA Worldcup Excel Spreadsheets Roundup, Chandoo has some links to useful World Cup tracking workbooks. Only one of them (the first one) [...]

  17. Hey, you missed ours! It has everything you need and more, but not a whole pile of silly extras (National Anthems, etc).  I'll be making another one for the 2014 world cup.  We had over 4000 hits on it!

  18. Neil says:

    @Michael Harwood.

    Where is it then? You should have posted a link  

  19. phillip says:

    Sie sollten an einem Wettbewerb teil zu nehmen für einen der besten Blogs im Web. Ich werde empfehlen Sie diese Seite!
    Google translation: You should take part in a contest for one of the best blogs on the web. I will recommend this site!

  20. [...] and welcome to the forum, Maybe these similar spreadsheets might give you a few initial ideas: FIFA Worldcup Excel Spreadsheets [Roundup] | Chandoo.org - Learn Microsoft Excel Online If you have specific areas / formulae / layout choices for parts of your spreadsheet that you are [...]

  21. Petros says:

    Calling all football fans around the globe! The biggest football festival will kick off on the 12th June 2014 and everyone is placing their bets of who will have the honour of lifting the golden trophy.

    Use our free interactive Excel templatel to predict the World cup finalists ! No macros !

    http://www.spreadsheet1.com/world-cup-2014-free-excel-prediction-template.html

  22. marten says:

    I also made a Worldcup-tracker, with MS Access, which can also generate reports in Excel
    e.g. a match-schedule with locations on y-axis and dates on x-axis, see:
    http://worktimesheet2014.blogspot.com.es/2014/05/excel-with-match-schedule-for-2014-fifa.html
    and:
    http://worktimesheet2014.blogspot.com.es/2014/05/match-access-app-to-track-world-cup.html

  23. Vivek Ranjan says:

    where can i find raw data in excel file format of fifa world cups (1930-2014)

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