formula for 3rd thursday of each month

pdvsa
pdvsa used Ask the Experts™
on
Hello...need some help with the3rd thursday of each month but if data falls on weekend then use preceding weekday.

thank you
Comment
Watch Question

Do more with

Expert Office
EXPERT OFFICE® is a registered trademark of EXPERTS EXCHANGE®
Bill BachPresident and Btrieve Guru

Commented:
Can you tell me when the third Thursday of a month falls on a weekend?
pdvsaProject finance

Author

Commented:
Bill,  I dont understand your question.
pdvsaProject finance

Author

Commented:
or if that is too complex just let me know the 3rd thursday of each month.  I have to carry th eformula over many years.
PMI ACP® Project Management

Prepare for the PMI Agile Certified Practitioner (PMI-ACP)® exam, which formally recognizes your knowledge of agile principles and your skill with agile techniques.

Bill BachPresident and Btrieve Guru

Commented:
Try something like this:
=IF(DATE($A$1,ROW(A1),1)-WEEKDAY(DATE($A$1,ROW(A1),1),1)+5

A1 should be the year.
Most Valuable Expert 2011
Awarded 2010
Commented:
Hello,

this will give you the third Thursday of the month of any given date in A1

=DATE(YEAR(A1),MONTH(A1),1)+(5-WEEKDAY(DATE(YEAR(A1),MONTH(A1),1))+14)

The confusing bit in your question is:

" 3rd thursday of each month but if data falls on weekend"

A Thursday will never fall on a weekend. So what is the problem?

cheers, teylyn
pdvsaProject finance

Author

Commented:
how can I just reference the cell next to it?  I mean just add 1 month and make it a 3 rd thursday?   You mentioned A1 and the year is in the cell next to it.

hope I make sense.

Thursday, March 21, 2013      Thursday, April 25, 2013
                                                     make this one the formula...
pdvsaProject finance

Author

Commented:
oh I see now...duh.  I was thinking too much into it.
pdvsaProject finance

Author

Commented:
OK it doesnt seem to change correctly. Dont know how to explain/  It keeps repeating the same dmy....let me know thank you.

Thursday, March 14, 2013      Thursday, March 14, 2013      Thursday, March 14, 2013
pdvsaProject finance

Author

Commented:
this is the formulat I am using:
=DATE(YEAR(N32),MONTH(N32),1)+(5-WEEKDAY(DATE(YEAR(N32),MONTH(N32),1))+14)

In N32 it shows:  Thursday, March 14, 2013
pdvsaProject finance

Author

Commented:
I am dragging the formula over many columns...
Martin LissYou can live to be a hundred if you give up all the things that make you want to be a hundred. - Woody Allen
Most Valuable Expert 2017
Distinguished Expert 2018

Commented:
The 3rd Thursday of April 2013 is the 18th and not the 25th. This formula gives you that result based on what is in A1

=CEILING(EOMONTH(A1,0)+1-DAY(EOMONTH(A1,0)+1)+1-5,7)+19
pdvsaProject finance

Author

Commented:
Martin:  that worked perfectly.  My gosh that looks complicated.  Thank you.  I think I will ask to reopen question and award points to you.  

let me know if there are any objections...
Most Valuable Expert 2011
Awarded 2010

Commented:
My suggested formula calculates correctly, for e.g. it shows 18-April-2013.

I don't know your data structure and how you want to drag the formula. If you want to drag it across, then you will need a date in each column. Or, if you want the formula to increase by one month if you drag it across, then it might be a good idea to actually mention that requirement in your question.

A1 has the start date.

B1 has this formula, which calculates the third Thursday of the month in A1

=DATE(YEAR(A1),MONTH(A1),1)+(5-WEEKDAY(DATE(YEAR(A1),MONTH(A1),1))+14)

C1 has this formula, which increments one month from the formula to the left. Drag C1 to the right.

=DATE(YEAR(AN1),MONTH(AN1)+1,1)+(5-WEEKDAY(DATE(YEAR(AN1),MONTH(AN1)+1,1))+14)

cheers, teylyn
Martin LissYou can live to be a hundred if you give up all the things that make you want to be a hundred. - Woody Allen
Most Valuable Expert 2017
Distinguished Expert 2018

Commented:
When I posted I didn't notice that the question was already answered so I don't mind if you don't reopen it.
Most Valuable Expert 2013

Commented:
>=DATE(YEAR(A1),MONTH(A1),1)+(5-WEEKDAY(DATE(YEAR(A1),MONTH(A1),1))+14)

This doesn't always give 3rd Thursday, e.g. if A1 is today it gives 13th December, which is the 2nd Thursday this month, I'd use this version

=A1-DAY(A1)+22-WEEKDAY(A1-DAY(A1)+3)

If you put that formula in A2 then you can put this formula in A3 copied down (or B2 copied across) for subsequent 3rd Thursdays, see attached

=A2+28+7*(DAY(A2+28)<15)

regards, barry
Thursdays.xls

Do more with

Expert Office
Submit tech questions to Ask the Experts™ at any time to receive solutions, advice, and new ideas from leading industry professionals.

Start 7-Day Free Trial