Excel Formula: Get Fiscal Quarter From Date
Generally, the fiscal quarter starts in a month other than January for most companies. In this case, how can you get the fiscal quarter based on the given date in Excel?
If you want to follow along with this tutorial, please download the example spreadsheet.
Generic formula:
| CHOOSE(MONTH(date),1,1,1,2,2,2,3,3,3,4,4,4) (fiscal quarter start from Jan) |
Or
| CHOOSE(MONTH(date),4,4,4,1,1,1,2,2,2,3,3,3) (fiscal quarter start from Apr) |
Or
| CHOOSE(MONTH(date),3,3,3,4,4,4,1,1,1,2,2,2) (fiscal quarter start from Jul) |
Or
| CHOOSE(MONTH(date),2,2,2,3,3,3,4,4,4,1,1,1) (fiscal quarter start from Oct) |
Syntaxt and Arguments
| Date: the date used to get the fiscal quarter. |
Return Value
The formula returns to a numeric value from 1 to 4.
How this formula works
As we known, the fiscal quarter starts from April. To get the fiscal quarters base on the dates in B3: B5, please use below formula:
| =CHOOSE(MONTH(B3),4,4,4,1,1,1,2,2,2,3,3,3) |
Press Enter key and then drag fill handle down C5.
Explanation
MONTH function: returns the month as number based on the date.
CHOOSE function: returns a value from the list of value argument by the given index numbers.
As there are 12 months in a year, and 4 quarters in a year, the formula lists 12 numbers which indicate 4 fiscal quarters. You can change the order of the numbers based on which month your fiscal quarter starts.
=CHOOSE(MONTH(B3),4,4,4,1,1,1,2,2,2,3,3,3)
=CHOOSE(1,4,4,4,1,1,1,2,2,2,3,3,3)
=4
Remark
You also can use the INDEX function to solve this job
| INDEX({4,4,4,1,1,1,2,2,2,3,3,3}, MONTH(date)) |
Press Shift + Ctrl + Enter keys.
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- Count days of month
This tutorial provides formulas to count the total days of the month based on given date. - Count days until expiration date
To count the days between today and each expiration date in Excel by formula - Display current date or time
This tutorial provides formulas to show the current date or time in Excel. - Create weekly date range
In this tutorial, it provides a formula to quickly get the weekly date range in Excel.
Relative Functions
- Excel WEEKNUM Function
Returns the week number of the given date in a year - Excel WORKDAY Function
Adds workdays to the given start date and returns a workday - Excel MONTH Function
The MONTH is used to get the month as integer number (1 to 12) from date - Excel DAY Function
DAY function gets the day as a number (1 to 31) from a date - Excel NOW Function
Get the current time and date
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