Compact mode
PMT vs DAYS vs WORKDAY
Table of content
Basic Classification Comparison
Function Category 📊
Primary classification of the Excel function based on its main purpose and usage domain, helps users quickly identify function typesPMTDAYSWORKDAYOperation Type 🔧
Fundamental type of operation or action that the Excel function performs on its inputsFor all*
Usage Context Comparison
For whom 👥
Target user groups who would benefit most from using this Excel functionPMT- Financial ProfessionalsPMT is designed for Financial Professionals. Excel functions essential for financial analysis and planning Click to see all.
- AccountantsPMT is designed for Accountants. Excel functions commonly used by accountants for financial tracking and reporting Click to see all.
DAYS- Business ManagersDAYS is designed for Business Managers. Excel functions helpful for business management and decision making Click to see all.
- Project ManagersDAYS is designed for Project Managers. Excel functions helpful for project planning and tracking Click to see all.
WORKDAY
Basic Information Comparison
Known For ⭐
Distinctive characteristic or primary strength of the Excel functionPMT- Calculate Loan PaymentsPMT is known for Calculate Loan Payments.
DAYS- Calculate Days Between DatesDAYS is known for Calculate Days Between Dates.
WORKDAY- Business Day CalculationsWORKDAY is known for Business Day Calculations.
History Comparison
Facts Comparison
Interesting Fact 💡
Unique or lesser-known information about the Excel functionPMT- Most used function in banking industry
DAYS- Replaced the older DATEDIF for simple calculations
WORKDAY- Essential for Project Planning
Sarcastic Fact 🤣
Humorous or ironic observation about the Excel functionPMT- The function that reminds you of your debts
DAYS- Counts days better than a calendar-obsessed squirrel
WORKDAY- Makes Vacation Planning Complicated
Usage Information Comparison
Formula Complexity Level 📖
Indicates the difficulty level and complexity of using the Excel function effectivelyPMTDAYSWORKDAY
Technical Details Comparison
Input Data Type 📝
Types of data that the Excel function accepts as input parametersPMTDAYSWORKDAYVersion Compatibility 💻
Indicates which Excel versions and platforms the function is compatible with < including Office 365< Excel 2019< 2016< etc.For all*- Excel 2019Excel functions that work specifically in Excel 2019 version
- Excel 2016Excel functions that work specifically in Excel 2016 version
PMTDAYSOperating System 💾
Specifies the operating systems where the function can be used < including Windows< macOS< and web platformsFor all*- WindowsExcel functions optimized for Windows operating system
- MacOSExcel functions optimized for MacOS users
PMTDAYSRequired Arguments Count 🔢
Number of mandatory arguments needed for the function to work properlyPMTDAYSWORKDAYRequired Arguments Type 📊
The data types accepted as valid input arguments for the functionPMT- NumberPMT accepts Number as input types Excel functions that perform calculations specifically with numerical inputs Click to see all.
- NumberPMT accepts Number as input types Excel functions that perform calculations specifically with numerical inputs Click to see all.
- NumberPMT accepts Number as input types Excel functions that perform calculations specifically with numerical inputs Click to see all.
DAYSWORKDAY
Evaluation Comparison
Pros ✅
Key advantages and strengths of the Excel functionPMT- Accurate Calculations
- Industry StandardExcel functions recognized as industry standards ensure widespread compatibility and reliability Click to see all.
- Reliable
DAYS- Simple To Use
- Accurate Calculations
- Intuitive
WORKDAY- Holiday Consideration
- Business Calendar Support
Cons ❌
Limitations and potential drawbacks of the Excel functionPMT- Negative Number Output
- Complex Parameters
DAYS- Only Works With Dates
- Limited FunctionalityFunctions with restricted capabilities, reducing problem-solving options Click to see all.
WORKDAY- Weekend Definition Limited
- Regional ConstraintsFunctions affected by regional settings and formats Click to see all.
Ratings Comparison
Alternatives to PMT
SUMIFS
Known for Multiple Condition Sum📈 is more versatile than PMT
ROUND
Known for Round Numbers📊 is easier to use than PMT
📈 is more versatile than PMT
⭐ is rated higher than PMT
MIN
Known for Finding Lowest Value📊 is easier to use than PMT
⭐ is rated higher than PMT
AVERAGE
Known for Basic Statistical Calculation📊 is easier to use than PMT
⭐ is rated higher than PMT
MOD
Known for Division Remainder Calculations📊 is easier to use than PMT
FACT
Known for Calculate Factorials📊 is easier to use than PMT
POWER
Known for Exponential Calculations📊 is easier to use than PMT
⭐ is rated higher than PMT
PRODUCT
Known for Multiplying Numbers Together📊 is easier to use than PMT
RIGHT
Known for Extract Rightmost Characters📊 is easier to use than PMT
⭐ is rated higher than PMT
EOMONTH
Known for End Of Month Calculations📊 is easier to use than PMT
🛠 is more reliable than PMT
⭐ is rated higher than PMT