What is number value in excel

NUMBERVALUE function

This article describes the formula syntax and usage of the NUMBERVALUE function in Microsoft Excel.

Description

Converts text to a number, in a locale-independent way.

Syntax

NUMBERVALUE(Text, [Decimal_separator], [Group_separator ])

The NUMBERVALUE function syntax has the following arguments.

Text Required. The text to convert to a number.

Decimal_separator Optional. The character used to separate the integer and fractional part of the result.

Group_separator Optional. The character used to separate groupings of numbers, such as thousands from hundreds and millions from thousands.

If the Decimal_separator and Group_separator arguments are not specified, separators from the current locale are used.

If multiple characters are used in the Decimal_separator or Group_separator arguments, only the first character is used.

If an empty string («») is specified as the Text argument, the result is 0.

Empty spaces in the Text argument are ignored, even in the middle of the argument. For example, » 3 000 » is returned as 3000.

If a decimal separator is used more than once in the Text argument, NUMBERVALUE returns the #VALUE! error value.

If the group separator occurs before the decimal separator in the Text argument , the group separator is ignored.

If the group separator occurs after the decimal separator in the Text argument, NUMBERVALUE returns the #VALUE! error value.

If any of the arguments are not valid, NUMBERVALUE returns the #VALUE! error value.

If the Text argument ends in one or more percent signs (%), they are used in the calculation of the result. Multiple percent signs are additive if they are used in the Text argument just as they are if they are used in a formula. For example, =NUMBERVALUE(«9%%») returns the same result (0.0009) as the formula =9%%.

Example

Copy the example data in the following table, and paste it in cell A1 of a new Excel worksheet. For formulas to show results, select them, press F2, and then press Enter. If you need to, you can adjust the column widths to see all the data.

Returns 2,500.27. The decimal separator of the text argument in the example is specified in the second argument as a comma, and the group separator is specified in the third argument as a period.

Returns 0.035. Because no optional arguments are specified, the decimal and group separators of the current locale are used. The % symbol is not shown, although the percentage is calculated.

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What is a number format in Excel?

Transcript

What is a number format?

Number formats are used to control the display of cell values that contain numeric data. This numeric data can include things like dates, times, costs, percentages, and anything else expressed as a number. The most important thing to understand about number formats is that they only affect how a number looks—they have no effect on the actual value stored by Excel.

Let’s take a look.

The most common number formats are available on the home tab of the ribbon, in the Number format area. Here you’ll find formats for currency, numbers, date, time, and more.

To apply a number format, just select one or more cells and choose a format. Number formats only affect numbers; they have no effect on text.

Let’s format the rest of the values in our table.

After we have applied the formats, notice that Excel will display the name of the format when a cell is selected.

When you have multiple cells selected, you’ll see the format of the active cell displayed. Be aware that the active cell in a selection can vary, depending on how you select cells.

Most number formats have one or more options. To set number format options, and to see all number formats, visit the Format Cells dialog box. You can access this dialog by clicking the small arrow in the Number group on the ribbon or using the keyboard shortcut Ctrl-1. On the Number tab, you’ll find all the options available for each number format.

Let’s use the Format Cells dialog box to adjust the Fraction format. To get our fraction to display correctly, let’s format it to use hundredths.

Finally, remember that number formats only affect the display of a cell value, not the value itself. If we check the cells in our table, watching the formula bar, we see that the values are unchanged.

The value for Percentage looks different, but if we switch the format back to General, we see that the value being stored is, indeed, .05.

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NUMBERVALUE Function

Summary

The Excel NUMBERVALUE function converts a number in text format to numeric value, using specified decimal and group separators. This function can be used to convert locale-specific values into locale-independent values.

Purpose

Return value

Arguments

• text — The text to convert to a number.
• decimal_separator — [optional] The character for decimal values.
• group_separator — [optional] The character for grouping by thousands.

Syntax

Usage notes

The NUMBERVALUE function converts a text value representing a number into a valid numeric using custom decimal and group separators. You can use NUMBERVALUE to translate numbers from a locale-specific text format into a locale-independent number.

To perform a numeric conversion, the NUMBERVALUE function uses the custom separators you provide. The decimal_separator is the character used to separate integers from fractional values in the source text. The group_separator is the character used to group text by thousands in the source text. Both separators should be enclosed in double quotes («»). When decimal_separator and group_separator, Excel uses separators for the current locale.

Examples

To convert the text string «10,15» to the number 10.15:

To convert the text value «5%» to a number with no grouping or decimal separator:

To convert the string «6.000» to the number 6000, where the grouping separator in the source text is a period (.) use:

In the example shown, input text is in column B and function output is in column E. Columns C and D are the decimal and group separators used in each row. The formula in E6, copied down, is:

Notice in addition to decimal and group separators, the NUMBERVALUE automatically ignores the extra space in B9 and automatically evaluates the percentage (%) symbol in B11 by dividing by 100.

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What Is A Value In Excel?

In a Microsoft Excel spreadsheet, values can refer to text, dates, numbers, or Boolean data. The type of value depends on the data to which it’s referring.In the case of digital spreadsheets, like Microsoft Excel, the term “number data” is used to describe numeric data instead.

What does value mean in Excel?

#VALUE is Excel’s way of saying, “There’s something wrong with the way your formula is typed. Or, there’s something wrong with the cells you are referencing.” The error is very general, and it can be hard to find the exact cause of it.

What is the value in a spreadsheet?

Values are numbers entered into spreadsheet cells. If a formula or function returns a number into a cell, this data is also a value.

How do you use values in Excel?

One quick and easy way to add values in Excel is to use AutoSum. Just select an empty cell directly below a column of data. Then on the Formula tab, click AutoSum > Sum. Excel will automatically sense the range to be summed.

Why is Excel #value?

The #VALUE! error appears when a value is not the expected type. This can occur when cells are left blank, when a function that is expecting a number is given a text value, and when dates are treated as text by Excel.

How do you find the value in Excel?

Use the VALUE function to convert text input to a numeric value. The VALUE function converts text that appears in a recognized format (i.e. a number, date, or time format) into a numeric value. Normally, Excel automatically converts text to numeric values as needed, so the VALUE function is not needed.

How do u find the value?

You can find this by adding the numbers in a set and dividing it by the number of numbers in that set. The value of a function at a certain point refers to the value of a function if you plug in the values given for the variables in the function. Value can also refer to worth of an object in math.

What is label and value in Excel?

Entering data into a spreadsheet is just like typing in a word processing program, but you have to first click the cell in which you want the data to be placed before typing the data. All words describing the values (numbers) are called labels. The numbers, which can later be used in formulas, are called values.

How do you use values?

7 Ways to Apply Your Personal Core Values in Daily Life

1. Put them where you can see them.
2. Discuss them with close family and friends.
3. Put the right people in your life (and eliminate the wrong ones).
4. Assess your daily tasks each morning.
5. Integrate them into your regular conversations.
6. Apply them as key motivators.

How do I give text a value in Excel?

Select the column, or range where you’ll be putting the values, then use CTRL+1 to bring up the Format > Cells dialog and on the Number tab select Text. Now Excel will keep your leading 0’s.

How do I make excel not show #value?

Hide error indicators in cells
You can prevent these indicators from being displayed by using the following procedure. In Excel 2016, Excel 2013, and Excel 2010: Click File > Options >Formulas. > Excel Options > Formulas. Under Error Checking, clear the Enable background error checking check box.

How do I fix ## in Excel?

To fix, try increasing the column width first. Drag the column marker to the right until you have doubled or even tripled the width. If the cell displays properly, adjust the width back down as needed, or apply a shorter number format.

How do you handle #value in Excel?

When there is a cell reference to an error value, IF displays the #VALUE! error. Solution: You can use any of the error-handling formulas such as ISERROR, ISERR, or IFERROR along with IF. The following topics explain how to use IF, ISERROR and ISERR, or IFERROR in a formula when your argument refers to error values.

What is a value example?

Values are standards or ideals with which we evaluate actions, people, things, or situations. Beauty, honesty, justice, peace, generosity are all examples of values that many people endorse.

What is the value of 3?

3 is in thousands place and its place value is 3,000, 5 is in hundreds place and its place value is 500, 4 is in tens place and its place value is 40, 8 is in ones place and its place value is 8.

What is the value of 6?

Since 6 is six units away towards right from 0, the absolute value of 6 is just 6. The absolute value of 6 is written as |6| and is equal to 6.

What are the 3 types of data in Excel?

You enter three types of data in cells: labels, values, and formulas. Labels (text) are descriptive pieces of information, such as names, months, or other identifying statistics, and they usually include alphabetic characters.

What are labels used for?

Labels may be used for any combination of identification, information, warning, instructions for use, environmental advice or advertising. They may be stickers, permanent or temporary labels or printed packaging.

What are spreadsheets used for?

A spreadsheet is a tool that is used to store, manipulate and analyze data. Data in a spreadsheet is organized in a series of rows and columns and can be searched, sorted, calculated and used in a variety of charts and graphs.

Does value mean worth?

1. Value, worth imply intrinsic excellence or desirability. Value is that quality of anything which renders it desirable or useful: the value of sunlight or good books. Worth implies especially spiritual qualities of mind and character, or moral excellence: Few knew her true worth.

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The Definition of a Value in Excel

There are a few different meanings for the term value

In This Article

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In a Microsoft Excel spreadsheet, values can refer to text, dates, numbers, or Boolean data. The type of value depends on the data to which it’s referring.

Before spreadsheet software was invented, the term «value» in relation to a spreadsheet meant only numeric data. In the case of digital spreadsheets, like Microsoft Excel, the term «number data» is used to describe numeric data instead.

Definitions in this article apply to Excel 2019, Excel 2016, 2013, and 2010, as well as Excel for Mac, Excel for Microsoft 365, and Excel Online.

Types of Values in Excel

If someone refers to a value in Excel, they may be referring to any of the following types of data:

• Text: String data, such as «High» or «Low.»
• Dates: A calendar date, such as «20-Nov-2018.»
• Numbers: Numeric data, such as 10 or 20.
• Boolean: A result of a logical comparison, such as TRUE or FALSE.

A «value» might also refer to a condition you define in a spreadsheet filter to view only data that you care about. For example, you may set a filter to see only rows where the value in column A is the name of an employee, like «Bob.»

Displayed Value vs. Actual Value

There are three things that define the value that gets displayed in a cell: the formula for that cell, cell formatting, and the result

When you view an Excel spreadsheet, you’ll see only the result in each cell. However, if you click on the cell, you’ll see the formula for that cell in the formula field at the top of the spreadsheet.

Formulas and formatting determine what results get displayed in each cell in different ways. A formula uses various Excel functions to perform a calculation. The result of that calculation is displayed in the cell. You can format cells in Excel to display values in financial, decimal, percentage, scientific, and many other formats. You can also set how many decimal points get displayed.

For example, the formula for cell A2 that divides number values in A1 and B1 would be =A1/B1 with a result of 20.154. However, you may set the formatting for cell A2 to display only two decimal points. In this case, the value in A2 would be 20.15.

Error Values

The term «value» is also associated with error values, such as #NULL!, #REF!, and #DIV/0!, which are displayed when Excel detects problems with formulas or the data in the cells they reference.

These are considered values because you can include them as arguments for some Excel functions.

For example, if you create a formula in cell B3 that divides the number in A2 by the blank cell A3, this results in the value #DIV/0!.

This is because the blank cell is treated as zero, which results in an error value #DIV/0!. This error value means «divide by zero error.»

#VALUE! Errors

Another error value is #VALUE!

This error occurs when a formula includes references to cells containing data types that are incorrect for the formula you’re using.

If you use formulas that perform an arithmetic operation such as addition, subtraction, multiplication, or division, but you reference a cell with text instead of a number, the result will be the #VALUE! error value.

For example, if you type the formula =A3/A4 where A3 contains the number 10 and A4 contains the word «Test,» the result will be #VALUE!. This is because Excel can’t divide a number by a text value.

Constant Values

Excel also has a set of special functions that return fixed values. These formulas don’t require you to reference any other cells as arguments.

Some examples include:

• PI: Returns the constant value of Pi (3.14).
• TODAY: Returns today’s date.
• RAND: Returns a random number.

The value data type returned by these functions depends on the function. For example, the TODAY() function returns a date value. The PI() function returns a decimal value.

The VALUE Function

One more definition of the term «value» in Excel is in reference to the VALUE function.

The VALUE function converts text into a number, as long as the text represents a number in some form. The input argument for the VALUE function can be text inserted directly into the function, or you can reference a cell in the spreadsheet that contains the text you want to convert.

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