🏆 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
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💬 Which industry are you using MAXIFS in? Tell us in the comments!
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