Method
DAYS360 takes an optional argument called method that can be set to either TRUE or FALSE. When method is FALSE (default) DAYS360 uses a US method to compute days. When the start date is the last day of the month, it is treated like the 30th day of that month. When the end date is the last day of the month, and the start date is less than 30, the end date is treated as the 1st of the next month, otherwise the end date is treated like the 30th of the same month. If method is set to TRUE, DAYS360 uses a European method to calculate days. In this scheme, start and end dates equal to the 31st of a month are set to the 30th of the same month.
Examples
In the formula below, DAYS360 returns 360 days with a start date of January 1, 2021 and an end date of December 31, 2021. The result of 360 is based on 12 months * 30 days in each month. Note: In general, storing and parsing text values that represent dates is bad form and should be avoided, because it can introduce errors and parsing problems. Working with native Excel dates is a better approach. With a start date of July 1, 2021 in A1, and an end date of December 31, 2021 in B1, the formula below returns 180: To create a date from scratch in a formula, use the DATE function. The formula below returns 90:
Notes
The DAYS360 function only works with whole numbers and ignores time. If dates are not recognized, DAYS360 returns the #VALUE! error. If dates are out of range, DAYS360 returns the #NUM! error.
Dave Bruns
Hi - I’m Dave Bruns, and I run Exceljet with my wife, Lisa. Our goal is to help you work faster in Excel. We create short videos, and clear examples of formulas, functions, pivot tables, conditional formatting, and charts.
