Please Note: This article is written for users of the following Microsoft Excel versions: 97, 2000, 2002, and 2003. If you are using a later version (Excel 2007 or later), this tip may not work for you. For a version of this tip written specifically for later versions of Excel, click here: Displaying a Number as Years and Months.

Displaying a Number as Years and Months

by Allen Wyatt
(last updated November 25, 2015)

5

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 (6960) applies to Microsoft Excel 97, 2000, 2002, and 2003. You can find a version of this tip for the ribbon interface of Excel (Excel 2007 and later) 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

Removing Comment Brackets for Printing

How to remove the brackets indicating commented text before printing your Word document.

Discover More

Starting Out Formulas

When you enter a formula from the keyboard, Excel only knows it is a formula if you start it with an equal sign. You can ...

Discover More

Avoiding Scientific Notation on File Imports

When importing information from a CSV file, you may get unintended results from time to time. Here's how to force Excel ...

Discover More

Create Custom Apps with VBA! Discover how to extend the capabilities of Office 2013 (Word, Excel, PowerPoint, Outlook, and Access) with VBA programming, using it for writing macros, automating Office applications, and creating custom applications. Check out Mastering VBA for Office 2013 today!

More ExcelTips (menu)

Finding the Dates for Minimums and Maximums

If you use Excel to maintain a collection of data, you may need to find information in one column based on information in ...

Discover More

The Last Business Day

Many businesses need to know when the last business day of the month occurs. This tip discusses several ways you can ...

Discover More

Converting Between Buddhist and Gregorian Calendar Systems

Converting from one calendar system to another can be a challenge. The key is identifying the differences between the ...

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 five less than 7?

2018-02-17 17:14:56

Portukalian

THIS IS WRONG! IT DOES NOT WORK.
USE:
=ROUNDDOWN(A1,0) & " yr " & ROUND(12*(A1-ROUNDDOWN(A1,0)),0) & " months"


2016-10-26 08:20:29

Carlos

Thank you very much :) Spared me some time from having to come with the solution myself.


2016-09-29 09:04:04

efren

Thank you for your tips, as compared to other sites yours are more concise and clear and easy as well.


2015-12-17 04:02:54

Wouter

Excellent tip to display a period of time in an easily readable format. Thanks!


2013-02-23 12:09:36

Juan

Very interesting tip to convert decimal to meaningful format number


This Site

Got a version of Excel that uses the menu interface (Excel 97, Excel 2000, Excel 2002, or Excel 2003)? This site is for you! If you use a later version of Excel, visit our ExcelTips site focusing on the ribbon 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.