Excel weeknum function returns wrong week - excel

Question is as in title.
I have a cell, "D4", with the date "09/07/2016" in it. Adjacent cell has formula "=weeknum(D4,1)". The output of this function is "28". But on a Sunday-Saturday basis, Saturday the 9th of July wasn't in week 28 - it was in week 27.
I thought this might be something to do with Saturday/Sunday and when the week starts and finishes, etc, so I tried multiple different dates from last week - Monday the 4th, Tuesday the 5th, Wednesday the 6th, etc. In each case, "weeknum" returns a value of "28".
I only noticed the problem because I have a macro which uses the value of the cell with the week number to look for a spreadsheet saved by our accounts team on a weekly basis. As they have - correctly - saved the spreadsheet as "week 27", it didn't work. I initially assumed that the accounts team were wrong, but I checked online and they are correct.
How could this happen? Surely Excel can't be wrong and I must have made a mistake of some sort?
I know that there is an issue with Excel not following ISO standards for when weeks 53 and 1 begin and end, but I don't see how that could affect a mid-year week.
It did occur to me that the issue might be to do with UK versus US date formatting. But, of course, the 7th of June wasn't in week 28 either.

That all is documented in WEEKNUM.
There are two systems used for this function:
System 1 The week containing January 1 is the first week of the
year, and is numbered week 1.
System 2 The week containing the first Thursday of the year is the
first week of the year, and is numbered as week 1. This system is the
methodology specified in ISO 8601, which is commonly known as the
European week numbering system.
Syntax
WEEKNUM(serial_number,[return_type])
Return_type Week begins on System
...
21 Monday 2
So =WEEKNUM("09/07/2016",21) will calculate as defined in ISO 8601 since Return_type 21 is the only one with System 2.
ISOWEEKNUM
=ISOWEEKNUM("09/07/2016")
will also do it.

=ISOWEEKNUM(a2)-1 returns the correct week for me, the same as =WEEKNUM(a2,21)-1

Related

Formula that translates a date to Fiscal Year, Fiscal Period, and Fiscal Week

Working on a formula that will take a date and translate it to the format FYxxPxxWx.
For example. Input the date of 03/22/20 and the formula will give you FY20P06W4 which is correct.
However if you input 02/02/20 the formula will give you FY20P05W2. The correct output would be FY20P05W1. This issue also rears its head with the date 09/29/19. It gives you FY20P12W5. The correct output would be FY20P1W1.
Something else weird happens when you put in the date 04/5/20 you get FY21P07W2 when it should be FY20P07W2.
The formula is
=CONCATENATE("FY",RIGHT(YEAR(DATE(YEAR(D5),MONTH(D5)+(10-1),1)),2),"P",TEXT(CHOOSE(MONTH(D5),4,5,6,7,8,9,10,11,12,1,2,3),"0#"),"W",WEEKNUM(D5,1)-WEEKNUM(DATE(YEAR(D5),MONTH(D5),1),1)+1)
I think this issue is caused by the strange weeks where the the month ends and another begins throwing off the formula.
I do have a formula that calculates the years fiscal year start date
=(DATE(YEAR(TODAY())-1,10,1)-(WEEKDAY(DATE(YEAR(TODAY())-1,10,1),1)))+1
This outputs 09/29/19 as the start date of the Fiscal year as its the same week as 10/1/19 which is the first month of the fiscal year. IF that makes sense.
The separate formulas are
For FY and grabs only last two digits of year
RIGHT(YEAR(DATE(YEAR(D5),MONTH(D5)+(10-1),1)),2)
For Period (gives me a two digit Period
TEXT(CHOOSE(MONTH(D5),4,5,6,7,8,9,10,11,12,1,2,3),"0#")
For Week
WEEKNUM(D5,1)-WEEKNUM(DATE(YEAR(D5),MONTH(D5),1),1)+1)
I believe I have a solution for you. Discussion to follow, but here's the full formula:
=CONCAT("FY",RIGHT(YEAR(D5+91+WEEKDAY(DATE(YEAR(D5),10,1))),2),"P",TEXT(IF(MONTH(D5+(7-WEEKDAY(D5)))<>MONTH(D5),IF(MONTH(D5)=9,1,CHOOSE(MONTH(D5),5,6,7,8,9,10,11,12,1,2,3,4)),CHOOSE(MONTH(D5),4,5,6,7,8,9,10,11,12,1,2,3)),"0#"),"W",ROUNDUP(((D5-IF(MONTH(D5+(7-WEEKDAY(D5)))<>MONTH(D5),DATE(YEAR(D5),MONTH(D5)+1,1)-WEEKDAY(DATE(YEAR(D5),MONTH(D5)+1,1))+1,DATE(YEAR(D5),MONTH(D5),1)-WEEKDAY(DATE(YEAR(D5),MONTH(D5),1))+1))/7)+0.01,0))
One issue is that this still calculates 2/2/2020 the way you said was incorrect. When I verify it against a calendar, though, it seems that FY20P05W02 should be correct. If the week that includes the first of the month begins a new pay period, that would mean 2/1/2020, falling on a Saturday, would be the last day of fiscal week 1. That would make 2/2/2020 the first day of fiscal week 2.
To calculate fiscal year, I used RIGHT(YEAR(D5+91+WEEKDAY(DATE(YEAR(D5),10,1))),2). Since you can count on there always being 91 days from the beginning of October to the end of December, it helps with this calculation. In your formula, you had MONTH(D5)+(10-1), which would push you 9 months out past the month in D5. This explains why your result for 4/5/2020 was off by a year.
Fiscal period was a bit trickier, requiring a couple nested IF statements. I used IF(MONTH(D5+(7-WEEKDAY(D5)))<>MONTH(D5) first to account for days at the end of the month that would fall into the next fiscal period, then IF(MONTH(D5)=9 to account for the few days at the end of September that might fall into the next fiscal year. Days at the end of September would default to 1, days at the end of a month that are included in the next fiscal period use the first CHOOSE function (they need the next month's number), and everything else gets the CHOOSE function as you wrote it.
The fiscal week took a bit more, but in the end I evaluated the beginning of the current fiscal month and subtracted it from the date in D5, then divided by 7 and added 0.01 so that even numbers would round up correctly.
I tested this out over a few years of dates and it seemed to be functioning correctly, but let me know if you have questions or issues.
One thing to consider when using WEEKNUM is that you'll have a week that is counted twice at the beginning of the year unless you use option 21 or ISOWEEKNUM. These give the same result as each other, and ensure that only one week number is assigned to any given day, no matter the year.

Compare two week numbers from different years in Excel

I have some calculations that are strongly dependent on "this week", "next week", etc.
Let's say I have a date (Column A). I can use WEEKNUM((A1), 2) in Column B to get the week number.
In Column C, I can enter this formula to check if the event is this week or next week.
=IF(B1=WEEKNUM((TODAY()),2),"this week",IF(B1=WEEKNUM((TODAY()+7),2),"next week","way in the future"))
This all works great until I have events that cross into next year. So December 31, 2019, will be week 53 and December 31, 2020, will be week 53.
This is an issue because I need a way to account that December 31, 2020 happens later than December 31, 2019.
How do I account for change in years in this formula?
Update:
Adding YEAR as an additional condition will allow me to compare if the date HAS a different year but it still won't let me dynamically calculate, this week, next week.
In this second example, I set two dates and set my computer time as December 31 2019. The result is that instead of reporting 1/1/2020 as "next week" the formula returns "way in the future" which is incorrect.
Is there basically a way to subtract or add weeks using serial week number since epoch time?
Eh, I think I figured it out. Instead of comparing week numbers, we extract the Monday of each week and perform a similar comparison like before. Except we now have the entire date instead of just the week number.
=IF(A2-MOD(A2-2,7)=TODAY()-MOD(TODAY()-2,7),"this week",IF(A2-MOD(A2-2,7)=TODAY()-MOD(TODAY()-2,7)+7,"next week","way in the future"))

Find the trading date every 2 weeks (if Saturday or Sunday, then show Friday date)

For a backtesting trading system, I need to rotation my positions every 2 weeks, BUT if the day is a Saturday or Sunday, I need to take the Friday.
Semi-Monthly updates are made twice a month; mid-month and month end.
Mid-month updates are on the 15th calendar day of each month. Should the 15th be a weekend or holiday, the update will occur on the last trading day prior to the 15th.
For example, if the 15th is a Saturday then the update will occur on the close of Friday the 14th.
I need to return a list of dates of rotation based on a start date and end date.
Let's say, I need every 15 days from January 1st 2018 to 31st December 2018, it should return only the valid dates based on the rules described above.
The formula should be for Google Sheet or Excel.
I tried the following:
It is not returning exactly what I need, since the google sheet googlefinance formula allows to use daily and weekly intervals (1 or 7). See below the googlefinance definition (https://support.google.com/docs/answer/3093281?hl=en):
"interval - [ OPTIONAL ] - The frequency of returned data; either "DAILY" or "WEEKLY".
interval can alternatively be specified as 1 or 7. Other numeric values are disallowed."
You need to be more precise in your specifications. You've provided multiple inconsistent intervals. eg: Two weeks (which would be every 14 days and will always fall on the same weekday); every 15 days (which will NOT be mid-month and EOM over most time periods); mid-month and end-of-month.
I suggest developing formulas for each of your desired intervals.
Once you have developed those relevant formulas, depending on your desired interval, to avoid a date falling on a weekend (or holiday if required for your system), you can use the WORKDAY function:
=WORKDAY(computedDate+1,-1, [holiday])
If your computedDate is on a Saturday, or Sunday; by adding 1 day and then subtracting to the previous workday, Friday will result.
If your trading interval is every Two weeks, you only need to ensure that the First date is not on a Saturday or Sunday. For other intervals, you may have to apply the formula to every computedDate.

Week number of a quarter

I'm trying to get the week number of a given quarter based on the date.
I currently have this formula
=1+(WEEKNUM(EDATE(Y4,-1)))-(WEEKNUM(DATE(YEAR(EDATE(Y4,-1)),
LOOKUP(MONTH(EDATE(Y4,-1)),{1,4,7,10}),1)))
But for January, it should be giving me 1 but it's giving me 10. Any suggestions?
How do you expect this to work at the start and end of the quarter? Default WEEKNUM function starts week 1 on the 1st of January every year and week 2 starts on the next Sunday after 1st January.
Assuming your quarter week numbers should work the same way, i.e. week 1 starts on the 1st of Jan/Apr/Jul/Oct and week 2 starts on the next Sunday then that's actually equivalent to counting Sundays since 6 days back into the previous quarter.
You can do that using NETWORKDAYS.INTL function, i.e. with this formula:
=NETWORKDAYS.INTL(EOMONTH(Y4,MOD(1-MONTH(Y4),-3)-1)-5,Y4,"1111110")
format result as number with no decimal places
NETWORKDAYS.INTL function is available in Excel 2010 and later versions - for older versions of Excel you can get the same results with this formula:
=INT((13-WEEKDAY(Y4)+Y4-EOMONTH(Y4,MOD(1-MONTH(Y4),-3)-1))/7)
(Expanded from comment)
when you choose a date in January, it's going back to December. 12 in your lookup array gives 10 as the result. Perhaps instead of EDATE, you should use EOMONTH(Y4,-1)+1, so you look at the 1st of the current month for your calculation
=1+(WEEKNUM(EOMONTH(Y4,-1)+1))-(WEEKNUM(DATE(YEAR(EOMONTH(Y4,-1)+1), LOOKUP(MONTH(EOMONTH(Y4,-1)+1),{1,4,7,10}),1)))
This is fairly interesting, since it changes with the year, and changes with what day of the week is the "start" of the week. So if a quarter starts on Saturday, and the week starts on a Saturday, the entire week is week 1. However, if it starts on a Sunday, week 1 is only one day long, and week 2 starts on Sunday.
The first question we have is, what day is it?
=DayCheck
Additionally, I'm going to call the start of each quarter the following:
Q1Start = Date(Year(DayCheck),1,1)
Q2Start = Date(Year(DayCheck),4,1)
Q3Start = Date(Year(DayCheck),7,1)
Q4Start = Date(Year(DayCheck),10,1)
The next question is, what's the first day of the week? We have some control over this with the Weekday function. For the sake of keeping it simple, Sunday is the start of the week.
Ok, that's our day. Next, what quarter is it?
`Quarter=ROUNDDOWN(MONTH(O16)/4,0)+1`
This gives us 1 for Q1, 2 for Q2, etc.
What day of the week is it now?
=WEEKDAY(DayCheck,1)
Ok, and now, what week are we on?
=WEEKNUM(DayCheck,1)
I'm going to put it together in a not very elegant fashion. I'm sure there's a better way out there.
=(Quarter=1)*((Weeknum(DayCheck)-WeekNum(Q1Start)+1)+(Quarter=2)*((Weeknum(DayCheck)-WeekNum(Q2Start)+1)+(Quarter=3)*((Weeknum(DayCheck)-WeekNum(Q3Start)+1)+(Quarter=4)*((Weeknum(DayCheck)-WeekNum(Q4Start)+1)
Try this:
=CHOOSE((MOD(WEEKNUM(Y4),13)=0)+1,WEEKNUM(Y4)-(ROUNDDOWN(WEEKNUM(Y4)/13,0)*13),13)
This will get the week number of a given date within a quarter.
I used this in one of my applications so you might be able to use it too. HTH.
Note: If you use 1st day other than Sunday, then adjust the WEEKNUM formula.
Can try this as I got this as combination of 2 formula
=WEEKNUM(A1,1)-(INT((MONTH(A1)-1)/3)*13)
second part - INT((MONTH(A1)-1)/3) gives us the quarter number of previous quarter which then multiplied with 13 weeks/quarter gives us how many weeks have passed in all previous quarter before current quarter.
First part - "WEEKNUM(A1,1)" gives us the week number of current week in the year.
so by deducting all the previous weeks in previous quarters from current week number of year, we get the current week number in current quarter.

Excel weeknum function showing wrong week number?

I have a workbook:
Column A Column B
01/01/2017 =WEEKNUM(A2,2)
26/01/2017 =WEEKNUM(A3,2)
I am trying to get the week number starting monday.
Excel gives me this:
01/01/2017 1
26/01/2017 1
Both dates cannot have a week number of 1. What am i doing wrong?
I encountered the same concern and stumbled on this thread too (Microsoft Excel Online).
For this case, ISOWEEKNUM worked for me, please note that I've set my date settings to English (United Stated).
As long as there is no precise answer for this post, I would like to mention that your issue is all documented in WEEKNUM.
There are two systems used for this function:
System 1 The week containing January 1 is the first week of the
year, and is numbered week 1.
System 2 The week containing the first Thursday of the year is the
first week of the year, and is numbered as week 1. This system is the
methodology specified in ISO 8601, which is commonly known as the
European week numbering system.
Syntax WEEKNUM(serial_number,[return_type])
Return_type Week begins on System
...
21 Monday 2
Given this,
=WEEKNUM("26/01/2017",21)
Will calculate as defined in ISO 8601 since Return_type 21 is the only one with System 2.
ISOWEEKNUM
=ISOWEEKNUM("26/01/2017")
Will also do it.

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