Networkdays by quarter and holidays

ac1983

New Member
Joined
Oct 21, 2020
Messages
4
Office Version
  1. 365
Platform
  1. MacOS
Hi everyone,

I have calculated the total number of workdays between two dates by quarter using the formula below:

=MAX(0,NETWORKDAYS(MAX($A2,C$1),MIN($B2,EOMONTH(C$1,2))))

Example:

Start DateEnd Date1/1/20194/1/20197/1/201910/1/2019
1/1/20194/30/2019642200
1/1/201912/31/201964656666

Now, I would like to reduce the numbers for each quarter by the number of holidays in each quarter. Does anyone have any suggestions on how I can incorporate holidays into this formula?

Thanks!
 

Excel Facts

Whats the difference between CONCAT and CONCATENATE?
The newer CONCAT function can reference a range of cells. =CONCATENATE(A1,A2,A3,A4,A5) becomes =CONCAT(A1:A5)
Hi & welcome to MrExcel.
Networkdays has an argument for holidays, have a look here
 
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Hi & welcome to MrExcel.
Networkdays has an argument for holidays, have a look here
Yes, I'm aware but not sure how to apply that to the problem above.
 
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Do you have the holidays listed anywhere?
 
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Yes, I have considered two approaches for holidays:

Approach 1 (List of Holidays):

Holidays
1/1/2019
5/27/2019
7/4/2019
9/2/2019
11/28/2019
12/25/2019

Approach 2 (Count of Holidays per Quarter):

Quarter# of Holidays
Q11
Q21
Q32
Q42
 
Upvote 0
In that case you can just add the holiday range (using approach 1) to your formula like
Excel Formula:
=MAX(0,NETWORKDAYS(MAX($A2,C$1),MIN($B2,EOMONTH(C$1,2)),$H$2:$H$7))
just change the H2:H7 to the range where your dates are.
 
Upvote 0
Solution
In that case you can just add the holiday range (using approach 1) to your formula like
Excel Formula:
=MAX(0,NETWORKDAYS(MAX($A2,C$1),MIN($B2,EOMONTH(C$1,2)),$H$2:$H$7))
just change the H2:H7 to the range where your dates are.
Worked beautifully. Thanks so MUCH!
 
Upvote 0
Glad to help & thanks for the feedback.
 
Upvote 0

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