How to Use Excel's VALUE Function

Instructions

1

Learn the syntax for VALUE. It is VALUE(number_text).
2

Specify number_text as the text to be converted to a number. Number_text may be entered directly as text enclosed in quotes or as a reference to a cell.
3

Provide number_text in any constant, date or time format recognized by Excel. VALUE will return #VALUE! if number_text is not in one of these formats.
4

Look at the following simple examples of how to use VALUE:

VALUE("12") = 12. The text representation of "12" was converted to the number 12.
VALUE("12.3") = 12.3. VALUE converted the text "12.3" to a number including the decimal fraction.
VALUE("123 apples") = #VALUE!. Although 123 is a number, apples is not. Therefore, VALUE returned an error value.
5

Examine these examples to see how VALUE handles numbers in special formats.

VALUE("\$1,234") = 1234. VALUE recognized a dollar amount as a number and converted it.
VALUE("17:48:00") - VALUE("13:00:00") = 0.2. VALUE recognized these values as times and converted them to their serial number equivalents. The difference between these two times is 4 hours, 48 minutes or 1/5 of a day, thus giving 0.2.