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The Corporate Finance Institute ExcelThings to remember about the COUNTA Function1. If we wish to count logical values, we should use the COUNTA function, butif we want to count only cells that contain a number, we should use COUNTfunction.2. The function belongs to the COUNT function family. There are five variantsof COUNT functions: COUNT, COUNTA, COUNTBLANK, COUNTIF, andCOUNTIFS.3. We need to use the COUNTIF function or COUNTIFS function if we want tocount only numbers that meet the specific criteria.4. If we wish to count based on certain criteria, we should use COUNTIF.Click here to download the sample Excel filecorporatefinanceinstitute.com190
The Corporate Finance Institute ExcelCOUNTIFCount cells that match multiplecriteriarange1 criteria1 range2criteria2…What is the COUNTIF Function?The COUNTIF function will count the number of cells that meet a specificcriterion. The function is categorized under Statistical functions.In financial analysis, the COUNTIF function is quite helpful. Take for examplewhen we need to count the number of times a salesperson exceeded histarget. We can do this by using COUNTIF.Formula=COUNTIF(Range, criteria)The COUNTIF function uses only one argument:1. Range (required argument) – It defines one or several cells that we wish tocount. The range of cells are those cells that will be tested against the givencriteria and counted if the criteria are satisfied.2. Criteria – It is a condition defined by us. It is tested against each of thecells in the supplied range.The given criteria can be any of the following:1. It is a numeric value. It can be an integer, decimal, date, time, or logicalvalue.2. A text string. It may include wildcards. Wildcards can be a ? (question mark)or an * (asterisk). A ? matches any single character, whereas, * matches anysequence of characters. If we wish to actually find the ? (question mark) or* (asterisk) character, we need to type the ~ symbol before this character inour search.How to use the COUNTIF Function in Excel?As a worksheet function, the COUNTIF Function can be entered as part of aformula in a cell of a worksheet.To understand the uses of the function, let us consider a few examples:corporatefinanceinstitute.com191
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