It’s worth taking a closer look at the possible uses of the MOD function in Excel. Especially when combined with other functions, it is a practical tool for solving everyday problems.
The Excel MOD function is used in formulas when you only want to count certain minimum quantities, meaning every Nth value. Typical applications include calculating packaging units or production lots, converting or calculating units of quantity and length or determining remaining dates.
In addition, you can combine the Excel MOD function with other Excel functions such as the SUMIF function, the SUMPRODUCT function or the SUBTOTAL function.
Let’s say you have a predefined number of units that are used in the production of a batch. In that case, you might have remainders. This could be because your machines have to produce a certain quantity in order to be profitable, or because only certain quantities can be packed in standardized packaging units. You can use the MOD function in Excel to calculate these remainders. By doing this, you can distinguish between usable and non-usable remainders, for example. You can also use the SUMIF function to determine whether there is waste and to what extent it can be reused.
This method can also be used when you need to consolidate large volumes of products. For example, by combining the SUMPRODUCT and the Excel MOD function, you can ensure optimal utilization of an intermodal shipping container.
Finally, the Excel MOD function can also be useful for money transfers. For small amounts, transfers are sometimes too expensive. If a customer orders very little one month and a lot the next month, you can use the Excel MOD function together with the SUMIF and SUBTOTAL function to combine amounts or consolidate large volumes of specific product categories. This will reduce your administrative workload.