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Using IRR with Data Tables – Modeling Cash-flow Scenarios in Excel

Using IRR with Data Tables – Modeling Cash-flow Scenarios in Excel

Do you want to simulate multiple cash-flow scenarios and calculate the rate of return? Then this article is for you. In this page, learn how to,

  • Introduction to IRR & XIRR functions
  • Calculate rate of return from a set of cash-flows with XIRR
  • Simulating purchase or terminal value changes with data tables
  • Apply conditional formatting to visualize the outputs
  • Common issues and challenges faced when using XIRR
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Impress with Tornado Charts in Excel

Impress with Tornado Charts in Excel

It’s tornado season. Don’t freak out, I am talking about Excel tornado charts. Use them to visualize age and gender-wise KPIs. Here is a quick demo of interactive tornado chart made in Excel. Watch it and read on to learn how to make your own tornado in a spreadsheet.

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Excel Basics: How to add drop down list to validate data

Excel Basics: How to add drop down list to validate data

Validating your data as you type can prevent any surprises when you are doing analysis / follow-up on the data. Thankfully, excel has the right tools to do it. Excel drop down list can assist you in picking up a value from a valid list to enter in a cell. Here is a short how-to […]

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Zelda Stamina Wheel Chart

Zelda Stamina Wheel Chart

I have been playing Zelda: Breath of the wild a lot these days and I LOVE the game. Considered one of the BEST video games all time, BOTW is beautifully designed and offers a lot of entertainment. Don’t freak out yet, Chandoo.org hasn’t suddenly branched into a video gaming blog. Instead, I am here to talk about Stamina Wheel Chart.

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Weighted Average in Excel [Formulas]

Weighted Average in Excel [Formulas]

Learn how to calculate weighted averages in excel using formulas. In this article we will learn what a weighted average is and how to Excel’s SUMPRODUCT formula to calculate weighted average / weighted mean.

What is weighted average?

Wikipedia defines weighted average as, “The weighted mean is similar to an arithmetic mean …, where instead of each of the data points contributing equally to the final average, some data points contribute more than others.”

Calculating weighted averages in excel is not straight forward as there is no built-in formula. But we can use SUMPRODUCT formula to easily calculate them. Read on to find out how.

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How can you analyze 1mn+ rows data – Excel Interview Question – 02

How can you analyze 1mn+ rows data – Excel Interview Question – 02

As part of our Excel Interview Questions series, today let’s look at another interesting challenge. How can you analyze more than 1 million rows data in Excel?

You may know that Excel has a physical limit of 1 million rows (well, its 1,048,576 rows). But that doesn’t mean you can’t analyze more than a million rows in Excel.

The trick is to use Data Model.

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#awesome trick – Extract word by position using FILTERXML()

#awesome trick – Extract word by position using FILTERXML()

This is CRAZY!!!. I stumbled on a weird use for FILTERXML() while reading a forum post earlier today. So I couldn’t wait to test it. I am happy to share the results.

Say you have some text (sentence / phrase / keyword etc.) in a cell and you want to extract the nth word. Unfortunately Excel doesn’t have SPLIT() formula. So we end up writing obscenely long array formulas or use gazillion helper columns.

Here is the super sneaky trick. Use FILTERXML() instead.

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