Excel Formula for Retrieving Project Sales Using XLOOKUP

Objective

Utilize the XLOOKUP function to retrieve sales data for "Project X" from a list of projects and their corresponding sales figures.

Formula Syntax

=XLOOKUP("Project X", A2:A10, B2:B10, "Not Found")

Explanation of the Formula Components

• "Project X": This is the lookup value, indicating the project for which we want to find sales data.
• A2:A10: This is the lookup array where the function will search for "Project X." This range should contain the names of the projects.
• B2:B10: This is the return array from which the function will extract the corresponding sales figures. It should align with the lookup array.
• "Not Found": This is an optional value that will be returned if "Project X" is not found in the lookup array. It helps in handling errors gracefully.

Practical Example

Data Setup

Assume the following data is present in your Excel sheet:

Implementing the Formula

1. Enter the above data into cells A2:B8 in an Excel sheet.

2. In a separate cell where you want to display the sales for "Project X," insert the XLOOKUP formula:

   =XLOOKUP("Project X", A2:A8, B2:B8, "Not Found")

3. Upon pressing Enter, the cell will display 8000, which is the sales figure for "Project X."

Conclusion

The XLOOKUP function is an efficient way to retrieve specific data from a structured list in Excel. In this example, we demonstrated how to find sales for "Project X" from a list of projects, showcasing the formula's potential for practical data analysis and retrieval tasks. For further learning on Excel functions, consider exploring resources available on the Enterprise DNA Platform.