Working with Time durations

SJACKSON1234

New Member
Joined
Jun 27, 2018
Messages
1
Hi,

I'm trying to work with time durations in excel, Currently I have the cells fomatted to the custom [hh]:mm:ss and in general everything works okay - the issue being that when i try formula to convert from hours into working days I encounter issues where the hours exceed 24.

eg.

I have input '180:00:00' into the cell which displays fine, however in the formula bar Excel shows '07/01/1900 12:00:00' which make it impossible to use the cell in a formula when say multiplying by a cost. Multiplying the '180:00:00' cell by $50 gives $375.

Essentially I'm asking if it is possible to work in hour durations with excel formulas where the hours are greater than 24

Thanks in advance
 

Excel Facts

How to calculate loan payments in Excel?
Use the PMT function: =PMT(5%/12,60,-25000) is for a $25,000 loan, 5% annual interest, 60 month loan.
excel stores dates as numbers starting at 0 = 00/01/1900,1 = 01/01/1900

Your calculation is multiplying days x the hourly rate - if you multiply by 24 you should get correct result.
 
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