Google Sheets Formulas
In this article, you will learn how to use the MINIFS formula in Google Sheets.
The MINIFS function in Google Sheets is a function that returns the minimum value in a range that meets multiple criteria. The MINIFS formula is beneficial when searching a large amount of data for the lowest value that meets the requirements. You can do the same search with the IF, MIN, and ARRAYFORMULA functions, but they tend to be complicated if you have multiple criteria, whereas the MINIFS formula allows you to build a clearer formula.
In the next section, we will discuss how to use the MINIFS formula with examples.
The general syntax of the MINIFS formula is as follows:
range: This is the range that the function searched for the minimum value.
criteria_range1: This is the range to which the formula applies “criterion1”. The function checks whether each item in the range satisfies “criterion1”.
criterion1: This is a condition to filter the range, such as an amount of revenue or region of sales.
criteria_range2 [Optional]: Similar to “criteria_range1”, you need to specify the range to which the formula applies “criterion2”. You can select the same range with “criteria_range1” or a different one.
criterion2 [Optional]: If you need to input “criteria_range2”, you must identify the standard for the range.
Note 1: If necessary, you can add more than two criteria and their ranges
Note 2: The formula gives you zero if none of the conditions is met. Range and all of the criterion ranges need to be the same size. Otherwise, the MINIFS formula returns “#VALUE”.
Assume that you have a dataset containing information on your customers, such as customer ID, revenue amount, date, region, and age. You want to find the maximum revenue that meets the following conditions: sales recorded (i) after 12/1/2021, inclusive, (ii) in the “West” region, and (iii) by customers aged less than or equal to forty.
Look at the formula in detail. Note we fill two pairs of optional arguments for the second and third criteria (and the ranges to which they are applied).
range: $D$3:$D$22 (the Revenue column)
criteria_range1: $E$3:$E$22 (the Date column)
criterion1: $D$24 (Criteria 1)
criteria_range2: $F$3:$F$22 (the Region column)
criterion2: $D$25 (Criteria 2)
criteria_range3: $G$3:$G$22 (the Age column)
criterion3: $D$26 (Criteria 3)
As you can see, once you enter the Revenue range, what you need to do is to input a range for a criterion and the criterion and repeat the process until you include all three conditions. Then the formula automatically returns 12500, the minimum revenue meeting the abovementioned requirements.
When you use the MINIFS function, though you can input conditions manually in the formula, we highly recommend that you use cell references as we do because they allow you to see the requirements clearly and change them easily later, if necessary. If you still want to use manual inputs for the formula, don’t enclose directly input arguments with quotation marks as you do for other functions.
If you don’t get the solution you are looking for in this article, or you have further questions related to mathematics or statistics, you may find the answers in the following articles.
Go to the following articles to learn basic formulas in Google Sheets.
How to Do Math in Google Sheets for Beginners
ADD Function in Google Sheets: Explained
MINUS Function in Google Sheets: Explained
DIVIDE Function in Google Sheets: Explained
MULTIPLY Function in Google Sheets: Explained
PRODUCT Function in Google Sheets: Explained
How to Use SUM Function in Google Sheets
How to Use SUMPRODUCT Formula in Google Sheets
How to Use MAX Function in Google Sheets
How to Use MIN Function in Google Sheets
How to Use MEDIAN Function in Google Sheets
How to Use AVERAGE Formula in Google Sheets
How to Use MODE Function in Google Sheets
MOD Function in Google Sheets: Explained
Navigate to the pages below to learn how to sum, count, or average numbers with a condition or multiple conditions.
How to Use SUMIF Function in Google Sheets - sum up the numbers that meet a criterion
SUMIFS Function in Google Sheets: Explained - sum up the numbers that meet multiple criteria
How to Use COUNTIF Function in Google Sheets - count the number of cells that meet a requirement
How to Use COUNTIFS function in Google Sheets - count the number of cells that meet multiple requirements
AVERAGEIF Function in Google Sheets: Explained - average the figures that meet a standard
AVERAGEIFS Function in Google Sheets: Explained - average the figures that meet multiple standards
AVERAGE.WEIGHTED Function in Google Sheets: Explained - use this formula to calculate the weighted average
MAXIFS Function in Google Sheets: Explained - seek for the maximum value that meets specific criteria
Visit the following post if you are interested in learning how to count the number of specific cells.
COUNT Function in Google Sheets: Explained - count the number of cells containing numeric values (except for blank ones)
COUNTA Function in Google Sheets: Explained - count the number of cells incorporating all types of values containing text and date, except for blank ones
COUNTBLANK Function in Google Sheets: Explained - count the number of blank cells
COUNTUNIQUE Function in Google Sheets: Explained - count the number of unique cells
You can learn about other Google Sheets formulas and tips that are not mentioned here on this page: LiveFlow‘s How to Guides
Are you learning this formula to visualize financial data, build a financial model, or conduct financial analysis? In that case, LiveFlow may help you automate manual workflows and update numbers in real-time. You can access various financial templates on our website, from the simple Income Statement to Multi-Currency Consolidated Financial Statement. You can also customize these templates as you want without breaking the automated data inflow.
To learn more about LiveFlow, book a demo.
Learn how to do this step-by-step in the video below 👇
