VALUE()
by Helmut Reinke Egbert Jeschke Sara Unverhau, Eckehard Pfeifer, Bodo Fienitz, and
Microsoft® Excel® 2010 Formulas & Functions Inside Out
- Microsoft® Excel® 2010 Formulas & Functions Inside Out
- A Note Regarding Supplemental Files
- Introduction
- 1. Solving Problems with Functions
- Introducing the New Functions in Excel 2010
- Scenario and Goals
- The New Way to Work with Data, Formulas, and Functions
- Entering Test Data Fast
- Converting Formula Results into Fixed Values
- Formatting Numeric Values
- Calculating Profit Margin
- Formatting Data as a Table
- Calculating Profit Margin as a Percentage
- Applying Conditional Formatting
- Creating Meaningful Charts
- Working with PivotTables
- Using PivotCharts: Graphical Pivot
- 2. Using Functions and PowerPivot
- Using Date and Time Functions
- The Excel Date System
- Date and Time Number Formats
- Leap Years
- Analysis Functions
- Date and Time Functions in Practice
- Calculating the Start and End of Daylight Saving Time
- Identifying What Day of the Year Today Is
- Calculating with Time
- Calculating Working Hours
- Calculating Beyond the Date Limit
- Adding Time Intervals
- Calculating the Salary for Working Hours
- Rounding Time Values
- Identifying the Quarter
- Converting Normal Hours into Decimal Hours (Industrial Hours)
- Using Text and Data Functions
- Separating Text Strings Such as ZIP Code and Location
- Separating First and Last Names
- Switching the First and Last Names
- Resolving the IBAN
- Calculating the Frequency of a Character in a String
- Removing All Spaces
- Correcting the Position of Signs
- Displaying the File and Worksheet Name
- Concatenating the Content of Cells
- Breaking Lines in Concatenated Text
- Visualizing Data
- Using Logical Functions
- Using Search and Reference Functions
- Using Information Functions
- Using Statistical Functions
- Using Database Functions
- Using Cube Functions
- Using Financial Math Functions
- Using Math and Trigonometry Functions
- PowerPivot
- 3. From Numbers to Formulas
- Entering Formulas
- Operators
- References in Formulas
- Array Formulas
- Tips and Tricks
- Turning the Formula View On and Off
- Entering Formulas in Several Cells
- Entering Formulas in Several Worksheets
- Selecting Formula Cells
- Determining Which Cells Are Referenced in a Formula
- Copying and Moving Formulas
- Moving Formula Cells
- Copying Formula Cells
- Converting Formula Results into Fixed Values
- Converting Existing Values
- Protecting Formulas
- Hiding Formulas
- Specifying the Formula Calculation Type
- Analyzing Formulas
- Troubleshooting: Example 1
- Troubleshooting: Example 2
- 4. Formulas and Functions
- 5. Functions in Special Operations
- Functions in Names
- Functions for Conditional Formatting
- Highlighting Weekends in Color
- Using the MATCH() Function
- Highlighting Identical Values
- Finding the Differences Between Tables on Different Worksheets
- List Print Layout
- Emphasizing the Top Three Elements
- Highlighting Cells Containing Spaces
- Navigating in Tables with Reference Lines
- Formatting Data Groups
- Formatting Subtotal Results
- Tips for Conditional Formatting in Excel 2003
- Tips and Troubleshooting for Conditional Formatting
- Functions for Validation
- 6. Custom Functions
- 7. Date and Time Functions
- 8. Text and Data Functions
- 9. Logical Functions
- 10. Lookup and Reference Functions
- 11. Information Functions
- 12. Statistical Functions
- AVEDEV()
- AVERAGE()
- AVERAGEA()
- AVERAGEIF()
- AVERAGEIFS()
- BETA.DIST()/BETADIST()
- BETA.INV()/BETAINV()
- BINOM.DIST()/BINOMDIST()
- BINOM.INV()/CRITBINOM()
- CHISQ.DIST()
- CHISQ.DIST.RT()/CHIDIST()
- CHISQ.INV()
- CHISQ.INV.RT()/CHIINV()
- CHISQ.TEST()/CHITEST()
- CONFIDENCE.NORM()/CONFIDENCE()
- CONFIDENCE.T()
- CORREL()
- COUNT()
- COUNTA()
- COUNTBLANK()
- COUNTIF()
- COUNTIFS()
- COVAR()
- COVARIANCE.P()
- COVARIANCE.S()
- DEVSQ()
- EXPON.DIST()/EXPONDIST()
- F.DIST()
- F.DIST.RT()/FDIST()
- F.INV()
- F.INV.RT()/FINV()
- F.TEST()/FTEST()
- FISHER()
- FISHERINV()
- FORECAST()
- FREQUENCY()
- GAMMA.DIST()/GAMMADIST()
- GAMMA.INV()/GAMMAINV()
- GAMMALN()
- GAMMALN.PRECISE()
- GEOMEAN()
- GROWTH()
- HARMEAN()
- HYPGEOM.DIST()/HYPGEOMDIST()
- INTERCEPT()
- KURT()
- LARGE()
- LINEST()
- LOGEST()
- LOGNORM.DIST()/LOGNORMDIST()
- LOGNORM.INV()/LOGINV()
- MAX()
- MAXA()
- MEDIAN()
- MIN()
- MINA()
- MODE.SNGL()/MODE()
- MODE.MULT()
- NEGBINOM.DIST()/NEGBINOMDIST()
- NORM.DIST()/NORMDIST()
- NORM.INV()/NORMINV()
- NORM.S.DIST()/NORMSDIST()
- NORM.S.INV()/NORMSINV()
- PEARSON()
- PERCENTILE()
- PERCENTILE.EXC()
- PERCENTILE.INC()
- PERCENTRANK()
- PERCENTRANK.EXC()
- PERCENTRANK.INC()
- PERMUT()
- POISSON.DIST()/POISSON()
- PROB()
- QUARTILE()
- QUARTILE.EXC()
- QUARTILE.INC()
- RANK()
- RANK.AVG()
- RANK.EQ()
- RSQ()
- SKEW()
- SLOPE()
- SMALL()
- STANDARDIZE()
- STDEV.P()/STDEVP()
- STDEV.S()/STDEV()
- STDEVA()
- STDEVPA()
- STEYX()
- T.DIST()
- T.DIST.RT()
- T.DIST.2T()/TDIST()
- T.INV()
- T.INV.2T()/TINV()
- T.TEST()/TTEST()
- TREND()
- TRIMMEAN()
- VAR.P()/VARP()
- VAR.S()/VAR()
- VARA()
- VARPA()
- WEIBULL.DIST()/WEIBULL()
- Z.TEST()/ZTEST()
- 13. Database Functions
- 14. Cube Functions
- 15. Financial Functions
- ACCRINT()
- ACCRINTM()
- AMORDEGRC()
- AMORLINC()
- COUPDAYBS()
- COUPDAYS()
- COUPDAYSNC()
- COUPNCD()
- COUPNUM()
- COUPPCD()
- CUMIPMT()
- CUMPRINC()
- DB()
- DDB()
- DISC()
- DOLLARDE()
- DOLLARFR()
- DURATION()
- EFFECT()
- FV()
- FVSCHEDULE()
- INTRATE()
- IPMT()
- IRR()
- ISPMT()
- MDURATION()
- MIRR()
- NOMINAL()
- NPER()
- NPV()
- ODDFPRICE()
- ODDFYIELD()
- ODDLPRICE()
- ODDLYIELD()
- PMT()
- PPMT()
- PRICE()
- PRICEDISC()
- PRICEMAT()
- PV()
- RATE()
- RECEIVED()
- SLN()
- SYD()
- TBILLEQ()
- TBILLPRICE()
- TBILLYIELD()
- VDB()
- XIRR()
- XNPV()
- YIELD()
- YIELDDISC()
- YIELDMAT()
- 16. Mathematical and Trigonometry Functions
- Functions for Mathematical Calculations
- Functions for Trigonometry Calculations
- Other Functions
- ABS()
- ACOS()
- ACOSH()
- AGGREGATE()
- ASIN()
- ASINH()
- ATAN()
- ATAN2()
- ATANH()
- CEILING()
- CEILING.PRECISE()
- COMBIN()
- COS()
- COSH()
- DEGREES()
- EVEN()
- EXP()
- FACT()
- FACTDOUBLE()
- FLOOR()
- FLOOR.PRECISE()
- GCD()
- INT()
- LCM()
- LN()
- LOG()
- LOG10()
- MDETERM()
- MINVERSE()
- MMULT()
- MOD()
- MROUND()
- MULTINOMIAL()
- ODD()
- PI()
- POWER()
- PRODUCT()
- QUOTIENT()
- RADIANS()
- RAND()
- RANDBETWEEN()
- ROMAN()
- ROUND()
- ROUNDDOWN()
- ROUNDUP()
- SERIESSUM()
- SIGN()
- SIN()
- SINH()
- SQRT()
- SQRTPI()
- SUBTOTAL()
- SUM()
- SUMIF()
- SUMIFS()
- SUMPRODUCT()
- SUMSQ()
- SUMX2MY2()
- SUMX2PY2()
- SUMXMY2()
- TAN()
- TANH()
- TRUNC()
- 17. Engineering Functions
- A. Excel Functions (in Alphabetical Order)
- B. Excel Functions (by Category)
- C. What’s New in Excel 2007 and Excel 2010
- D. About the Authors
- Index
- About the Authors
- Copyright
Syntax. VALUE(text)
Definition. The VALUE() function converts the text into a number.
Arguments
text (required). The text enclosed in quotation marks or the reference to the cell that contains the text you want to convert
Background. Excel converts numbers displayed as text values into numeric values. However, with data imported from third-party applications or with third-party add-ins, errors might occur.
Usually you do not need the VALUE() function within a formula, but you can convert a value list imported as text so that Excel can recognize and display the values:
Enter 1 in an empty cell.
Press Ctrl+C to copy the cell content into the Clipboard.
Select the range containing the “text” numbers, click the Paste arrow on the Home tab, and click Paste Special (Excel 2007 and Excel 2010). In Excel 2003, select the Edit/Paste Special command.
Select the Values and Multiply options in the Paste Special dialog box, and click OK.
All values in the selected range should be displayed as numbers instead of as text. Because you don’t need the cell with the 1 anymore, you can delete this cell.
The content of the text argument can have any format supported by Excel for constants, dates, and times. VALUE() returns the #VALUE! error if the text has another format.
Example. You might need to ensure that imported numbers are passed as numeric values to further process numbers imported from text files. Here are a few more examples:
=VALUE("1.234")returns1234.=VALUE(1234)returns1234.=VALUE("09/09/2008")returns39700.=VALUE(TRUE)returns the#VALUE!error.
Sample Files
Use the VALUE worksheet in the Text_Data.xls or Text_Data.xlsx sample file. The sample files are found in the Chapter08 folder. For more information about the sample files, see the section titled Using the Sample Files.
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