Documentation/Calc Functions/DAYS360
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Function name:
DAYS360
Category:
Date and Time
Summary:
Calculates the number of days between two dates, assuming that the year is a 360-day period composed of 12 months, each having 30 days. This type of calendar is sometimes used in business and financial contexts.
Syntax:
DAYS360(Date1; Date2[; Type])
Returns:
Returns an integer value which is the number of whole days between the two dates passed as arguments, assuming a 360-day year and calculated using the method selected through the Type argument.
Arguments:
Date1 is the date (in quotation marks) or a date-time serial number, or a reference to the cell containing one of those types, which is either the start date or the end date of the period for which the calculation is to be carried out.
Date2 is the date (in quotation marks) or a date-time serial number, or a reference to the cell containing one of those types, which is either the end date or the start date of the period for which the calculation is to be carried out.
Type is a logical value that determines the calculation method. Set Type = 0 or False to use the US/NASD method. Set Type to any other value to use the European method. If Type is omitted, the default is the US/NASD method.
- If either Date1 or Date2 is not a valid date expression, then DAYS360 reports a #VALUE! error.
- If Date2 is earlier than Date1, the result is a negative number; if Date2 is later than Date1, the result is a positive number.
- DAYS360 ignores any time components of Date1 and Date2.
- if Type is non-numeric, then DAYS360 reports a #VALUE! error.
Additional details:
Details specific to DAYS360 function
For more information about using a 360-day year, and the European and US/NASD methods of calculation, visit Wikipedia's 360-day calendar page. NASD is an acronym of National Association of Securities Dealers, which was a predecessor of the Financial Industry Regulatory Authority (FINRA).
For more information about the logic associated with the US/NASD and European methods as implemented in DAYS360, see the description of the function in the ODF standard.
General information about Calc's Date and Time functions
- Internal to Calc, a date/time value is handled as a real number and this is sometimes referred to by the term date-time serial number. For example, 2021-02-08 12:00:00 corresponds to the date-time serial number 44235.5. The integer part of a date-time serial number (before the decimal separator) is the number of days since a defined start date. The fractional part of a date-time serial number (after the decimal separator) is the time of day expressed as a fraction of a day. For example, 0.25 is equivalent to 06:00:00 and 0.75 is equivalent to 18:00:00.
- Calc uses 1899-12-30 as the default start date (day 0) but you can go to ▸ ▸ ▸ to select alternative start dates; however, unless you have specific requirements for compatibility with legacy spreadsheet applications, we recommend that you do not change this setting. If you copy and paste cells containing date values between different spreadsheets, check that both documents are set to use the same start date to avoid unexpected changes to the dates displayed.
- Negative date-time serial numbers correspond to dates earlier than Calc's start date. Calc calculates all dates back to 15th October 1582 using the Gregorian calendar. The day before this is 4th October 1582, and Calc uses the Julian calendar for earlier dates.
- A date-time serial number is the same as any other number, except that we usually choose to display it formatted as a date/time. You can enter a number in a cell and then change the cell's formatting to display the value as a date/time. You can also enter a date/time in a cell and then change the cell's formatting to display the date-time serial number.
- For clarity, the descriptions of the Calc functions within these wiki pages use the standard ISO 8601 format for date and time because this should be independent of your selected locale settings. The default date format on your computer may be different. When entering dates as part of formulas, slashes or dashes used as date separators may be interpreted as arithmetic operators. Therefore, dates entered in this format are not recognized as dates and result in erroneous calculations. To keep dates from being interpreted as parts of formulas either use the DATE function or place the date in quotation marks and use the ISO 8601 notation. Avoid using locale dependent date formats which may produce errors if the document is loaded under different locale settings.
- Time zone information is not used by Calc's Date & Time functions.
- If you only wish to enter two digits of the year (for example 21 instead of 2021), Calc needs to know whether you mean 2021 or 1921. Go to ▸ ▸ ▸ to view or adjust the range of years which Calc will use to interpret two-digit year values.
- Calc contains logic to decide how to treat text when encountered as an operand in an arithmetic operation or as an argument to a function that expects a number instead. In this context, unambiguous conversion is possible for ISO 8601 dates and times in their extended formats with separators. For example, the simple formula
=1 + "2021-02-08"
will usually give the result2021-02-09
(when formatted as a date). However, this logic may be affected by the settings on the Detailed Calculation Settings dialog, accessed by selecting ▸ ▸ ▸ and pressing the button in the Detailed Calculation Settings area. If a #VALUE! error occurs, it may be because the Generate #VALUE! error option is selected, in which case you should experiment with one of the other self-explanatory options in the Conversion from text to number drop-down.
Examples:
Formula | Description | Returns |
---|---|---|
=DAYS360("2020-01-30"; "2021-01-30") | Here the function returns 360. | 360 |
=DAYS360(43,860.3; 44,226.5) | Here the function again returns 360. The values 43860 and 44226 are the date-time serial numbers for 2020-01-30 and 2021-01-30 respectively. The time components of the arguments are ignored. | 360 |
=DAYS360(A1; A2; 0) where cells A1 and A2 contain the dates 2020-01-01 and 2021-01-31 respectively. | Here the function uses the US/NASD method and returns 390. | 390 |
=DAYS360(A1; A2; 1) where cells A1 and A2 contain the dates 2020-01-01 and 2021-01-31 respectively. | Here the function uses the European method and returns 389. | 389 |
Related LibreOffice functions:
ODF standard:
Related (or similar) Excel functions:
DAYS360