DAYS 360
Name
Days
Description
Returns the number of days between two dates based on a 360-day year.
Syntax
DAYS360(startdate,enddate,method)
Remarks
This function has the following arguments:
Argument | Description |
---|---|
startdate | Date from which to calculate days |
enddate | Date to which to calculate days |
method | [Optional] Method for calculating days; if FALSE or omitted, uses U.S. (NASD) method; if TRUE, uses European method |
Specify the date argument as a number (as in 37806.5) a string (as in "7/4/2003 12:00"), or a DateTime object, as in DATE(2003,7,4).
The methods for calculating the number of days can vary. The U.S. or NASD method works as follows:
If the starting date is the 31st of a month, it becomes equal to the 30th of the same month. If the ending date is the 31st of a month and the starting date is earlier than the 30th of a month, the ending date becomes equal to the 1st of the next month. If the ending date is the 31st of a month and the starting date is the 30th or 31st of a month, the ending date becomes equal to the 30th of the ending date month.
The European method considers starting dates or ending dates that occur on the 31st of a month to be equal to the 30th of the same month.
Use this function to help compute payments if your accounting system is based on a 360-day year (twelve 30-day months).
Data Type
Accepts numeric, string, or date data for the two date arguments and boolean for the method argument. Returns numeric data.
Example
DAYS360(B8,C8)
DAYS360(R8C2,R8C3)