How to prevent duplicating a long formula as part of a formula

I have a scenario where if the outcome of a long formula is negative, then the result should be 0, otherwise use the outcome of the long formula. Is there a way to formulate an IF statement such that I don't need to repeat the long formula?

i.e. --> If (long formula) < 0 , 0 , (long formula)

Try this ...

=Max(long formula,0)

Wow....this could not have been simpler. This is where my brain was stuck trying to use an IF statement and refused to find other options.

Many thanks!

You are welcome!