Forgive me if I'm being dense. I'm trying to comprehend. Okay, so when I
want the average of the days open for a single fiscal year? How do I get the
answer for 1st quarter Fiscal Year 2004, 2nd Quarter FY04, 3rd QTR FY04, 4th
QTR FY04, 1st QTR FY05, 2nd QTR FY05, 3rd QTR FY05, 4th QTR FY05, 1st QTR
FY06, 2nd QTR FY06, etc..........

"Bob Phillips" wrote:

Kathi,

You mentioned that you wanted to average by quarter, so the
INT((MONTH(B2:B20)+2)/3) works out the quarter for each date in B2:B20. The
=4 is just an example testing for quarter 4, Oct, Nov, Dec.

--
HTH

Bob Phillips

(remove nothere from email address if mailing direct)

"kathi" wrote in message
...
Thank you so much for the response. I think this is the type of formula
I
was looking for but if you could just clarify in my mind, please. I
understand =AVERAGE(IF but am not clear on why finding the MONTH then
rounding down (INT than adding +2) and dividing by /3) and this
part really confuses me =4, I understand that finding the difference
between relates to the average number of days open but am not clear how
???
If were more clear then I could definitely adapte this for y use. So for
my
use I understand =AVERAGE(C2:C20-B2:B20) BUT ONLY IF B2:B20=10/01/2003
AND
ALSO IF B2:B20<=12/31/2003
so if there is a way to define the 1st or 2nd etc. quarter other than this
I
could really use that.
THANKS AGAIN FOR YOUR TIME

"Bob Phillips" wrote:
Kathi,
I am not sure what to do when the start date is in one quarter and the end
date is in another, but assuming you count from the start date quarter,
try
this
=AVERAGE(IF(INT((MONTH(B2:B20)+2)/3)=4,C2:C20-B2:B20))