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WORKDAY

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Returns a number that represents a date that is the indicated number of working days before or after a date (the starting date). Working days exclude weekends and any dates identified as holidays. Use WORKDAY to exclude weekends or holidays when you calculate invoice due dates, expected delivery times, or the number of days of work performed.

If this function is not available, and returns the #NAME? error, install and load the Analysis ToolPak add-in.

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Syntax

WORKDAY(start_date,days,holidays)

Important  Dates should be entered by using the DATE function, or as results of other formulas or functions. For example, use DATE(2008,5,23) for the 23rd day of May, 2008. Problems can occur if dates are entered as text.

Start_date    is a date that represents the start date.

Days    is the number of nonweekend and nonholiday days before or after start_date. A positive value for days yields a future date; a negative value yields a past date.

Holidays    is an optional list of one or more dates to exclude from the working calendar, such as state and federal holidays and floating holidays. The list can be either a range of cells that contain the dates or an array constant of the serial numbers that represent the dates.

Remarks

Example

The example may be easier to understand if you copy it to a blank worksheet.

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A B
Date Description
10/01/2008 Start date
151 Days to completion
11/26/2008 Holiday
12/4/2008 Holiday
1/21/2009 Holiday
Formula Description (Result)
=WORKDAY(A2,A3) Date 151 workdays from the start date (4/30/2009)
=WORKDAY(A2,A3,A4:A6) Date 151 workdays from the start date, excluding holidays (5/5/2009)

Notes