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IF Formula to calculate if product has been sent on time

  1. #1
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    IF Formula to calculate if product has been sent on time

    Hi,

    I pull data from a system which gives me an order date and a shipment date.

    Thes data comes in this format:


    Order Date Shipment Date

    15/08/2012 17/08/2012

    I want to return a '1' in another column for items that have been shipped within 4 days, and a '0' for items that haven't been shipped within 4 days. However, weekends don't count in the turn around time. For example, if the order was received on Wednesday 15/08/2012 and shipped on the Monday 20/08/12 this would only be 3 days, rather than 5 days.


    Any help would be greatly appreciated.

    Thanks

    David

  2. #2
    Forum Guru benishiryo's Avatar
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    Re: IF Formula to calculate if product has been sent on time

    hi David. assuming your data is in A2 & B2, try this formula:
    =IF(NETWORKDAYS(A2,B2)-1<=4,1,0)

    you can even have a list of holidays somewhere & refer to the list in the NETWORKDAYS formula. for eg. if i have a list of dates in G1:G10, then it'll be:
    =IF(NETWORKDAYS(A2,B2,$G$1:$G$10)-1<=4,1,0)
    Last edited by benishiryo; 09-06-2012 at 04:40 AM.

  3. #3
    Forum Moderator Fotis1991's Avatar
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    Re: IF Formula to calculate if product has been sent on time

    Hi

    Try

    =NETWORKDAYS(A1,B1)-1

    A1=Order Date
    Regards

    Fotis.

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  4. #4
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    Re: IF Formula to calculate if product has been sent on time

    Thanks guys, worked great!

    Greatly appreciated.

  5. #5
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    Re: IF Formula to calculate if product has been sent on time

    Hi David,

    Assuming Order Date in Col A1 & Shipment Date in Col B1 just try simple If Function :-

    =IF((B1-A1)<4,1,0)

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