We can calculate any Finance & Accounting KPI values using Excel easily. In this article, I am sharing the top 10 accounting KPI calculations. These are…
Topics
💰 Net Profit Margin
Net Profit Margin = Net Profit / Sales
Positive profit margin indicates business is profitable while negative indicates the business is in loss.
📈 Revenue Growth
Revenue Growth = This year revenue / last year revenue – 1
Tells you how much revenue has grown compared to previous period. You can use the same logic to calculate COGS growth, profit growth too.
➗ Quick Ratio
Quick Ratio = (Total Current Assets – Inventory) / Total Current Liabilities
Tells you how strong the liquidity of a business is.
QR of 1 or more indicates the business is able to pay off its current debts using the cash or cash equivalents it has on hand.
QR under 1 indicates the business would struggle to pay off its current debts with what it has on hand.
📦 Inventory Turnover
Inventory Turnover = COGS / Average Inventory
Inventory turnover measures how quickly a business is able to offload the inventory.
The actual value of Inventory Turnover and how to interpret it changes from business to business. As a rule, a higher Inventory Turnover indicates more efficient inventory cycle.
📆 Days Inventory Outstanding
Days Inventory Outstanding = Average Inventory / Cost of Goods Sold x 365
DIO or Days Inventory Outstanding measures how much inventory a business is carrying. A lower number indicates well oiled manufacturing & inventory cycles while a higher number indicates sluggish demand or oversupply.
Please note that the typical values change from industry to industry and depend on other macro-economic factors.
For example, a vegetable business would have low DIO as the goods are naturally perishable, while a furniture business might have a high DIO as the goods do take long time to sell.
👥 Avg. Revenue Per User (ARPU)
ARPU = Total Revenues / Total Users
ARPU or Avg. Revenue per User reflects the amount of revenue generated per user. This is a useful measure in service business (especially software as a service or SAAS or web).
Net Present Value
NPV = NPV(rate, cash flows)
Net present value indicates the current (or present) values of a series of cashflows that occur in future. We can use the NPV function in Excel to calculate this if the cashflows are uniformly spaced.
NPV is an extremely useful calculation to understand the financial soundness of a business decision.
💸 Compound Interest
Compound Interest = Principal * (1+rate of interest) ^ number of years – Principal
Excel doesn’t have a compound interest function, but we can easily calculate the same using a simple formula.
📈 CAGR (Compounded Annual Growth Rate)
CAGR = RRI(duration, opening value, closing value)
CAGR measures the rate at which a business grew over a period of time. For example, if we say Apple grew at 10% CAGR since 2018 to 2023, it means, every year the sales of Apple went up by 10% compared to the previous year from 2018.
Excel doesn’t have a CAGR function but we can use the reverse IRR function – RRI to calculate the CAGR.
AAGR vs. CAGR:
AAGR or Average Annual Growth Rate simply measures the average of individual yearly growth rates (same as Revenue Growth we calculated in #2 above).
Consider adding AAGR (Average Annual Growth Rate) to your analysis as sometimes CAGR is hard to explain to others.
📉 Depreciation
Depreciation = the value of an asset lost during a period
Excel offers many functions to calculate depreciation of your assets or equipment. You can use below methods:
- Straight Line Method: This depreciates the asset value by the same amount every year until the end of its life. We can use SLN function for this.
- Declining Balance Method: This depreciates the asset value by same percentage every year. You can use DB function in Excel to calculate this.
- Double Declining Balance Method: This uses an accelerated DB method to depreciate assets faster in the initial years.
- Variable Depreciation Method: You can use a mix of either SLN or Declining methods depending on your needs using the VDB function in Excel.
📺 Top 10 Accounting KPIs - Video
Learn more about all these calculations using the video below. You can also see it on my channel here.
📄 Top 10 Accounting KPIs - Excel Workbook
Click here to download the sample file with all these calculations.
It has all the formulas & sample data for you to learn and practice.
🙋♂️ Need more?
Let me know the in the comments if you are looking for any additional Accounting / Finance KPI calculations. I will include them in this page as time permits.
27 Responses to “Sum of Values Between 2 Dates [Excel Formulas]”
I would apply a filter and use function subtotal, with option 9. This way you can see multiple views based on the filter.
hey Chandoo, the solutions you proposed are very efficient, but if I wanted to be fancy I would do it this way .. the references are as your example workbook.
=SUM(INDIRECT("C"&(MATCH(F5,B5:B95)+4)):INDIRECT("C"&(MATCH(F6,B5:B95)+4)))
I like things simple:
=SUMIF(B5:B95,">="&F5,C5:C95)-SUMIF(B5:B95,">"&F6,C5:C95)
use something like: =SUM(OFFSET(B1,0,0,DATEDIF(A1,D1,"d")))
and have D1 be the date that I want to sum to.
In Excel 2003 (and earlier) I'd use an array formula to calculate either with nested if statements (as shown here) or with AND.
{=SUM(IF(B5:B95>F5,IF(B5:B95<F6,C5:C95,0),0))}
Note that I truly made this for BETWEEN the dates, not including the dates
I turned the data set into a table named Dailies.
I named the two limits StartDate and EndDate.
And used an array formula:
{=SUM((Dailies[Date]>=StartDate)*(Dailies[Date]<=EndDate)*Dailies[Sales])}
If I would still be using the old Excel I would do it as follows:
SUMIF($B$5:$B$95,"<="&H6,$C$5:$C$95)-SUMIF($B$5:$B$95,"<"&H5,$C$5:$C$95)
Works as simple as it is.
Regards
=sum(index(c:c,match(startdate,c:c,1)+1):index(c:c,match(enddate,c:c,1))
=sum(index(c:c,match(startdate,b:b,1)+1):index(c:c,match(enddate,b:b,1))
Great examples and thanks to Chandoo. You have simplified my work.
Hi! great tips I have found in your page, have you seen this
http://runakay.blogspot.com/2011/10/searching-in-multiple-excel-tabs.html
[...] I'm not sure I understand your question fully, but have a look at this: Sum of Values Between 2 Dates [Excel Formulas] | Chandoo.org - Learn Microsoft Excel Online [...]
Thank you! Thank you! Thank you!
=SUMIF(A2:A11;">="&B13;B2:B11)-SUMIF(A2:A11;"<"&A11;B2:B11)
awesome... thank yoo Chandoo!
which is most efficient and fast, if all are efficient ?
Thank you for this formula, I've just spent ages trying to find something to work on my data, I knew it would be possible! Don't care if others think there are easier/other ways to do it, you explained it so I understood it and could apply it to what I was doing so I'm happy!
The above said example is awesome for calculating values between dates,
can you pls let know how to calculate sale values if we have 10 sales boys for
ex: 1,rama
2,krishna
3,ashwin
4,naga
5,suresh
how much rama sale value between 1/jan/2015 to 10/jun/15
how much krishna sale value between 10/jan/2015 to 15/july/2015
i think you understood can you pls let me know the formula for how to calculate the sale between diffrent sale man sale value from master data file
Thanks,
Nagaraju
Hi
I have a list of people's names in column A, I have a list of dates in column B which records the dates they have been off sick, in column C I have either 1 if it is a full sick day or 0.5 if it is a half day.
What I would like to do is to add up the number of dates a specific person has been off within two dates.
For example, I want to look at my list of names and to find Joe Bloggs (column A), then add up all his sick days (column C). The start date will be in cell E1 and the end date will be in F1.
If this possible using SUMIFS?
List of names are in range A2:A100
List of dates in B2:B100
List of sick days (either 0.5 or 1 in C2:C100
The start date is in cell E2
The end date is in cell F2
Your help would be greatly appreciated.
Yes, with the help of SUMIFS you can have the solution.
Note: you need have an extra col. D2 where you will input Name of the person.
=SUMIFS(C2:C100,A2:A100,D2,C2:C100,">="&E2,C2:C100,"<"&F2)
Col. A Col. B Col. C Col.D Col. E Col. F
Name Date Sales
ABC 28-Jun-11 1 MNO 28-Jun-11 25-Sep-11
XYZ 29-Jun-11 0.5
MNO 30-Jun-11 1
PQR 1-Jul-11 1
Typo ERROR / Correction in formula:
Yes, with the help of SUMIFS you can have the solution.
Note: you need have an extra col. D2 where you will input Name of the person.
=SUMIFS(C2:C100,A2:A100,D2,B2:B100,">="&E2,B2:B100,"<"&F2)
Hi
I have a list of people's names in column A, I have a list of dates in column B which records the dates they have been off sick, in column C I have either 1 if it is a full sick day or 0.5 if it is a half day.
What I would like to do is to add up the number of dates a specific person has been off within two dates.
For example, I want to look at my list of names and to find Joe Bloggs (column A), then add up all his sick days (column C). The start date will be in cell E1 and the end date will be in F1.
If this possible using SUMIFS?
List of names are in range A2:A100
List of dates in B2:B100
List of sick days (either 0.5 or 1 in C2:C100
The start date is in cell E2
The end date is in cell F2
Your help would be greatly appreciated.
Viv
@Viv
Can you please post the question in the Chandoo.org Forums
http://forum.chandoo.org/
Please attach a file so that a specific answer can be delivered.
Thanks for this - it solved the problem that I was having. However can someone please explain to me why the "" needs to be around >= and <= as well as why we need to add & in order for the formula to work? Thanks in advance!
This formula works perfectly as well. Any ideas?: =SUM(INDEX(C5:C95,MATCH(H5,B5:B95,1)):INDEX(C5:C95,MATCH(H6,B5:B95,1)))
ikkeman had posted the same thing.
I am trying to sum total a range of cells between date ranges ie column n has $ amounts column d has the transaction dates ie 1/3/2015 or 25/3/2015 or 25/4/2015 column b has the text saying drp or distribution - reinv
In another cell I am trying to sum or total (in column n) with the value of a range of different dates (column d) that contain different text (column b) ie cell n48 is 50, n65 is 85, n165 is 36
with the dates ie cell d48 is 1/3/2015, d65 is 25/3/2015 and d165 is 25/4/2015
with different text that says drp or distribution - reinv ie cell b48 is drp, b65 is distribution - reinv, b165 is drp
If I wanted to sum the amounts between 1/3/2015 to 31/3/2015 with drp then the total would be 50. Also if I wanted to sum the amounts between 1/4/2015 to 30/4/2015 with drp the sum total would be 36 If I wanted to sum the amounts between 1/3/2015 to 31/3/2015 with drp and distribution - reinv the sum would be 115
What would the formula be for these different questions
hope you can help, it has been driving me nuts and cant work it out