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🏆 Still Using MAX? This MAXIFS Formula Finds the Right Maximum Every Time

SK Discoveries 2024

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🏆 Still Using MAX? This MAXIFS Formula Finds the Right Maximum Every Time

7 просмотров · 5 дней назад
SK Discoveries 2024
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7 просмотров · 5 дней назад
MAXIFS in Excel: Find the Highest Value with Conditions | Explained with Real-World Examples Want to find the highest value in your data, but only for specific rows? In this video, you will learn how the MAXIFS function works in Excel and Google Sheets, with a clear syntax breakdown and practical examples from sales, finance, HR, healthcare and more. 📌 WHAT IS MAXIFS? MAXIFS returns the largest number in a range, but only from the rows that meet the conditions you set. The plain MAX function looks at the entire column. MAXIFS first filters the data, then finds the maximum of what is left. ✅ Available in: Excel 2019, Excel 2021, Microsoft 365 and Google Sheets ❌ Not available in: Excel 2016 and earlier 🧮 SYNTAX =MAXIFS(max_range, criteria_range1, criteria1, [criteria_range2, criteria2], ...) Example: =MAXIFS(Sales, Rep, "Priya", Quarter, "Q3") This returns the largest single sale made by Priya in Q3. 🌍 REAL-WORLD USES OF MAXIFS 1. Sales and Retail Largest single sale by a salesperson in a given quarter Highest-value order from a particular region or customer segment Peak daily revenue for a specific store 2. Finance and Banking Highest transaction amount for a customer, useful for fraud checks and credit limit decisions Peak stock price of a ticker within a date range Maximum loan exposure per borrower category 3. HR and Payroll Highest salary within each department or grade, for pay-band checks Longest tenure among employees in a team 4. Operations and Manufacturing Highest defect count on a production line Longest delivery time for a supplier or route, to spot worst-case delays Maximum machine temperature recorded for a shift 5. Logistics and Supply Chain Maximum shipment weight per carrier Latest delivery date per order (MAXIFS works on dates too, since dates are numbers) 6. Education Top score in each subject or class Highest mark by a student across a particular exam type 7. Healthcare Peak blood pressure reading for a patient over a specified period Maximum wait time in a particular department 8. Real Estate Highest listing price in a locality for 3BHK flats Most expensive property sold in a given pincode last year 💡 KEY TAKEAWAY MAXIFS finds the ceiling for any filtered set of data, in any industry. Pair it with MINIFS, which finds the floor, to see the full range of your data. 📂 PRACTICE FILE Download the sample workbook here: [https://docs.google.com/spreadsheets/... Copy the data from this excel sheet and paste it in excel file 🔔 If this video helped you, like, share and subscribe for more Excel tutorials. 💬 Which industry are you using MAXIFS in? Tell us in the comments! #MAXIFS #Excel #ExcelTutorial #ExcelFormulas #MicrosoftExcel #GoogleSheets #DataAnalysis #ExcelTips #LearnExcel