Summary of "Format Numbers in Thousands or Millions in Excel"
Summary
The video explains how to format numbers in Excel to display values in thousands or millions without using formulas. Instead of manually dividing numbers by 1,000 or 1,000,000, it demonstrates using Excel’s custom number formatting feature.
Main Ideas and Instructions
- Avoid manually dividing numbers to convert them into thousands or millions.
- Use Excel’s custom number formatting to achieve this easily.
Steps to Format Numbers in Excel
- Select the cells containing the numbers.
- Press Ctrl + 1 to open the Format Cells dialog.
- Go to the Custom category.
- Choose the format
0.0(or a similar numeric format). - To format in thousands, add a single comma (
,) at the end of the format code. This visually divides the number by 1,000. - To format in millions, add two commas (
,,) at the end of the format code. This visually divides the number by 1,000,000. - Optionally, add a letter such as
"m"in quotes at the end of the format code to display a suffix (e.g.,1.2mfor millions). - Confirm by clicking OK. The numbers will display in the desired format without changing the actual values or using formulas.
Speakers/Sources
- The video features a single, unnamed presenter explaining the Excel formatting technique.
Category
Educational
