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Day Count for ACT/365 fixed convention

  1. #1
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    Day Count for ACT/365 fixed convention

    Hi,

    I would like to know is there a function or formula to do the day count between the beginning date 2020/12/31 and the list of end dates attached for the ACT/365 fixed convention?

    End date
    2023/01/31
    2023/02/28
    2023/03/31
    2023/04/30
    2023/05/31
    2023/06/30
    2023/07/31
    2023/08/31
    2023/09/30
    2023/10/31
    2023/11/30
    2023/12/31
    2024/01/31
    2024/02/29
    2024/03/31
    2024/04/30
    2024/05/31
    2024/06/30
    2024/07/31
    2024/08/31
    2024/09/30
    2024/10/31
    2024/11/30
    2024/12/31
    2025/01/31
    2025/02/28
    2025/03/31
    2025/04/30
    2025/05/31
    2025/06/30
    2025/07/31
    2025/08/31
    2025/09/30
    2025/10/31
    2025/11/30
    2025/12/31
    2026/01/31
    2026/02/28
    2026/03/31
    2026/04/30
    2026/05/31
    2026/06/30
    2026/07/31
    2026/08/31
    2026/09/30
    2026/10/31
    2026/11/30
    2026/12/31
    Last edited by Biscuit2; 02-04-2022 at 05:48 AM.

  2. #2
    Forum Moderator AliGW's Avatar
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    Re: Day Count for ACT/365 fixed convention

    Welcome to the forum.

    There are instructions at the top of the page explaining how to attach your sample workbook.

    A good sample workbook has just 10-20 rows of representative data that has been desensitised. It also has expected results mocked up, relevant cells highlighted and a few explanatory notes.

    This may do what you want. Put a start date in A1 and the formula in A2 copied down:

    =EOMONTH(EDATE(A1,1),0)
    Last edited by AliGW; 02-04-2022 at 05:46 AM.
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  3. #3
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    Re: Day Count for ACT/365 fixed convention

    Thanks for your help

    I don't think this formula works

  4. #4
    Forum Moderator AliGW's Avatar
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    Re: Day Count for ACT/365 fixed convention

    OK.

    1. Attach a workbook showing what you want.
    2. Explain ACT/365 - what is it and what does it mean?
    3. Explain why the formula I offered does NOT provide what you showed above.

    There has been no real explanation of what you want or an explanation of why you think the formula doesn't work - you haven't given us a lot to go on.

    This perhaps???

    =TEXT(EOMONTH(EDATE(A1,1),0),"yyyy/mm/dd")

    But just guessing ...

  5. #5
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    Re: Day Count for ACT/365 fixed convention

    Oh, I see you've post-edited your original post - the list of dates has changed, but still no explanation of what you want. That's a bit naughty, as it makes a nonsense of the formula I offered. Please don't do this in future!

  6. #6
    Forum Moderator AliGW's Avatar
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    Re: Day Count for ACT/365 fixed convention

    No reply.

    If you want a day count, then simply subtract the start date from the end date and set the cell formatting to either General or Number.

    This perhaps?

    =LOOKUP(2,1/A:A,A:A)-A1
    Attached Files Attached Files
    Last edited by AliGW; 02-04-2022 at 06:34 AM. Reason: Workbook attached.

  7. #7
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    Re: Day Count for ACT/365 fixed convention

    Just wondering if we are there yet? Has the formula in post #6 provided what you are looking for?

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    Re: Day Count for ACT/365 fixed convention

    Hi sorry no. I want the day counts between the start date and every end date for act/365 fixed convention. act/365 fixed means thatcA day count convention which calculates actual days in a time period, over a 365-day conventional year, regardless of the number of days in the year.

  9. #9
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    Re: Day Count for ACT/365 fixed convention

    OK - so as I asked before, can you provide a mock up of what you want? I still have no idea from your description what the solution is meant to look like or where you want it.

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    Re: Day Count for ACT/365 fixed convention

    the workbook attachment function does not work on my post. I am not sure why

  11. #11
    Forum Moderator AliGW's Avatar
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    Re: Day Count for ACT/365 fixed convention

    This will give the exact number of days between the start of a year and the end of it:

    AliGW on MS365 Insider (Windows) 64 bit

    D
    E
    F
    G
    3
    Start:
    01/01/2022
    365
    4
    End:
    31/12/2022
    =E4-E3+1
    Sheet: Sheet1

    D
    E
    F
    G
    3
    Start:
    01/01/2024
    366
    4
    End:
    31/12/2024
    =E4-E3+1
    Sheet: Sheet1

  12. #12
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    Re: Day Count for ACT/365 fixed convention

    the workbook attachment function does not work on my post. I am not sure why
    That's why the instructions at the top tell you how to do it without using the paper clip icon (sadly, it hasn't worked for years).

    Does what I have just posted get us any closer? I have had to look up ACT/365 just to try to help you.

  13. #13
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    Re: Day Count for ACT/365 fixed convention

    Based on my offering in post #11, this would do the ACT/365 fixed calculation:

    =G3/365

    So, the whole formula:

    =(end_date-start_date+1)/365

    =(E4-E3+1)/365
    Attached Files Attached Files
    Last edited by AliGW; 02-04-2022 at 07:16 AM. Reason: Workbook attached.

  14. #14
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    Re: Day Count for ACT/365 fixed convention

    And based on the range in Column A:

    AliGW on MS365 Insider (Windows) 64 bit

    C
    D
    E
    1
    ACT/365 for range in Column A:
    1.25
    =(LOOKUP(2,1/A:A,A:A)-A1+1)/365
    Sheet: Sheet1

    Still guessing, but I hope I'm getting nearer to what you have in mind.
    Attached Files Attached Files

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    Re: Day Count for ACT/365 fixed convention

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