SUMPRODUCT
The SUMPRODUCT function in Excel multiplies corresponding values in the given arrays or ranges and then sums the results. So the first value of the first array is multiplied with the first value of the second array. Then, the second values of the arrays are multiplied, etc. Finally, all multiplication results are summed. The resulting value is returned. It is commonly used for various calculations like weighted averages, total revenue calculations, and more.
Syntax 🔗
=SUMPRODUCT(array1, [array2, ...])
array1 | The first array or range whose components you want to multiply and then sum. |
array2 | ... (Optional), Additional arrays or ranges whose components you want to multiply with the corresponding components of the first array and then sum up. |
About SUMPRODUCT 🔗
When you need to efficiently multiply corresponding elements in arrays or ranges and then sum the products, the SUMPRODUCT function in Excel is your go-to tool. This versatile function finds application in a wide range of scenarios, from calculating weighted averages to determining total revenue based on quantity and price data, making it a valuable asset in your spreadsheet arsenal. It helps streamline complex calculations and saves you time in performing repetitive tasks involving array operations within Excel spreadsheets. The function multiplies each element in the specified arrays or ranges together and then sums the results, providing you with a quick solution for various mathematical computations requiring products of array elements. Whether you're dealing with financial models, statistical analyses, or inventory management, SUMPRODUCT offers a flexible and efficient approach to handle array multiplication and summation in Excel.
Examples 🔗
Suppose you have two arrays of data: A1:A5 containing quantities sold and B1:B5 containing corresponding prices. You want to calculate the total revenue. The formula using SUMPRODUCT would be: =SUMPRODUCT(A1:A5, B1:B5)
Consider having three arrays: C1:C5 with sales data, D1:D5 with profit margins in percentage, and E1:E5 with fixed costs. You aim to evaluate the total profit. Using SUMPRODUCT, the formula would be: =SUMPRODUCT(C1:C5, D1:D5/100, E1:E5)
Notes 🔗
Ensure that the arrays or ranges used are of the same size or have elements that can be correspondingly multiplied. The SUMPRODUCT function excels in scenarios requiring efficient multiplication and summation of array components, simplifying complex calculations involving array operations.
Questions 🔗
A #VALUE! error will be returned if any input array has a different number of elements than any other.
When is the SUMPRODUCT function commonly used in Excel?The SUMPRODUCT function is frequently used in Excel for tasks requiring the multiplication of corresponding elements in arrays or ranges and subsequent summation of the products. It is handy for computing weighted averages, total revenue, and various other calculations involving array operations.
What does Sumproduct do with texts in input arrays?All texts in arrays are treated as if they are the number 0. So if you don't convert arrays with TRUE's and FALSE's to 0's and 1's, the result will always be 0.
How does the SUMPRODUCT function handle multiple arrays or ranges?The SUMPRODUCT function treats each additional array or range provided as arguments as another set of components to multiply with the corresponding elements of the first array. It then sums all the resulting products to deliver the final result.
Can the SUMPRODUCT function be applied to non-numeric data?Yes, the SUMPRODUCT function can handle non-numeric data, including text values. It will perform the multiplication where possible (like multiplying text values by 1) and sum the results as usual.