Please Note: This article is written for users of the following Microsoft Excel versions: 2007, 2010, and 2013. If you are using an earlier version (Excel 2003 or earlier), this tip may not work for you. For a version of this tip written specifically for earlier versions of Excel, click here: Displaying a Number as Years and Months.

Displaying a Number as Years and Months

by Allen Wyatt
(last updated April 13, 2016)

1

Robert has a formula that determines the payback period for certain investments. For instance, with $20,000 investment in energy-savings equipment and an annual energy savings of $3000, the simplistic payback period to recoup the investment is 6.6667 years. Robert wonders how he can make this payback period (6.6667) show as years and months instead of as a decimal number.

This can be done by simply multiplying the portion of the answer at the right of the decimal point by 12, which results in a number of months. Here is one way to get the desired result, assuming that the payback result is in cell A1:

=INT(A1) & " years / " & INT((A1-INT(A1))*12) & " months"

With the value 6.6667 in cell A1, the formula would return "6 years / 8 months".

ExcelTips is your source for cost-effective Microsoft Excel training. This tip (12485) applies to Microsoft Excel 2007, 2010, and 2013. You can find a version of this tip for the older menu interface of Excel here: Displaying a Number as Years and Months.

Author Bio

Allen Wyatt

With more than 50 non-fiction books and numerous magazine articles to his credit, Allen Wyatt is an internationally recognized author. He  is president of Sharon Parq Associates, a computer and publishing services company. ...

MORE FROM ALLEN

Controlling Display of Page Breaks

Do you want page breaks displayed on the screen? Excel allows you to specify whether it should show those page breaks or not.

Discover More

Converting Paragraphs to Comments

Want to pull text from a bunch of paragraphs and stuff that text into comments? It's easy to do using the macro presented in ...

Discover More

Printing Workbooks in a Folder

This tip presents two techniques you can use to print multiple workbooks all at the same time. Both techniques involve ...

Discover More

Program Successfully in Excel! John Walkenbach's name is synonymous with excellence in deciphering complex technical topics. With this comprehensive guide, "Mr. Spreadsheet" shows how to maximize your Excel experience using professional spreadsheet application development tips from his own personal bookshelf. Check out Excel 2013 Power Programming with VBA today!

More ExcelTips (ribbon)

Pushing Dates Into Last Month

Excel is great when it comes to working with dates and times. You can even do math on dates. One such easy manipulation is to ...

Discover More

End-of-Month Calculations

Don't want to use the EOMONTH function to figure out the end of a given month? Here are some other ideas for discovering the ...

Discover More

Calculating Week-Ending Dates

When working with dates, you may need to figure out all the dates on which weeks end in a given year. There are several ...

Discover More
Subscribe

FREE SERVICE: Get tips like this every week in ExcelTips, a free productivity newsletter. Enter your address and click "Subscribe."

View most recent newsletter.

Comments

If you would like to add an image to your comment (not an avatar, but an image to help in making the point of your comment), include the characters [{fig}] in your comment text. You’ll be prompted to upload your image when you submit the comment. Maximum image size is 6Mpixels. Images larger than 600px wide or 1000px tall will be reduced. Up to three images may be included in a comment. All images are subject to review. Commenting privileges may be curtailed if inappropriate images are posted.

What is one more than 9?

2016-04-15 14:41:28

Stephanus

you are going to have a problem with leap years


This Site

Got a version of Excel that uses the ribbon interface (Excel 2007 or later)? This site is for you! If you use an earlier version of Excel, visit our ExcelTips site focusing on the menu interface.

Newest Tips
Subscribe

FREE SERVICE: Get tips like this every week in ExcelTips, a free productivity newsletter. Enter your address and click "Subscribe."

(Your e-mail address is not shared with anyone, ever.)

View the most recent newsletter.