excel

How To Format Numbers In Millions In Excel

Boost your productivity with Sourcetable's AI spreadsheet assistant. Work like a spreadsheet power user and answer all your questions in seconds.


Learn more
Jump to

Mastering the art of formatting numbers can streamline data analysis and presentation in Excel. Learning to format figures in millions is essential for handling large datasets effectively.

This guide will provide clear, step-by-step instructions on how to format numbers in millions within Excel. We will also touch on how Sourcetable offers a simplified approach to this task compared to the traditional Excel methods.

excel

Format Numbers in Millions in Excel

Using TEXT Function

To format numbers in millions using the TEXT function in Excel, apply the function with the appropriate format code. The TEXT function enables custom display without altering the actual number value.

ROUNDUP Function

The ROUNDUP function can be used alongside custom formatting to round numbers and display them in millions. This method ensures numbers are presented at their scaled value in millions.

Format Task Pane for Charts

Adjust the display units to millions on the Format Task Pane to format chart figures in millions. This approach simplifies data visualization on charts.

Custom Number Formatting

Implement custom number formatting to display numbers in millions for a cleaner spreadsheet view. Use the Format Cells dialog to create a custom format that represents numbers in millions without changing their actual values.

Excel Custom Number Format Millions

Excel's custom number formatting feature offers flexibility in data presentation. To show values in millions, use two commas in the custom number format code. This method preserves data integrity while enhancing readability.

Display Numbers in Millions on Charts

For charts, apply the custom number format to present data in millions, enhancing the clarity and impact of the displayed information.

excel

Common Use Cases

  • excel

    Presenting financial statements with streamlined figures for easier comprehension

  • excel

    Comparing revenue figures across multiple business units succinctly

  • excel

    Creating executive summaries that require financial data to be displayed in a simplified manner

  • excel

    Conducting macroeconomic analysis with large datasets

  • excel

    Generating reports for stakeholders who prefer an overview with less granular data

sourcetable

Excel vs Sourcetable: The Modern Spreadsheet Comparison

Unified Data Integration: Sourcetable streamlines data analysis by aggregating data from multiple sources, a functionality not inherent in Excel. This feature simplifies data management for users dealing with diverse data streams.

AI-Enhanced Assistance: Sourcetable's AI copilot stands out, offering real-time assistance in formula creation and templating, a cutting-edge feature that Excel lacks, making Sourcetable more accessible to novice users.

Intuitive Querying: With its spreadsheet-like interface, Sourcetable allows users to perform complex queries without leaving the comfort of the familiar spreadsheet environment, unlike Excel which may require additional tools or expertise for similar operations.

User Experience: The chat-based assistance in Sourcetable revolutionizes the spreadsheet experience, providing a more interactive and guided approach than the traditional formula-based system in Excel.



Sourcetable Logo

Work smarter, not harder

Boost your productivity with Sourcetable's AI spreadsheet assistant. Answer all your questions about spreadsheets in seconds. Try for free to get started.

Learn More
Drop CSV