Can we use Sumif instead of VLOOKUP?

Vlookup will return 1 single value based on a criteria. Sumif will SUM ALL values that meet a certain criteria. So no, don’t use vlookup intstead of sumif. Because you will most likely get the wrong results.

What formula is better than VLOOKUP?

Simply put, the LOOKUP Function is better than VLOOKUP, as it’s less restrictive in its use. It was only introduced by Microsoft in 2016, so it’s still new to most users. Benefits of LOOKUP vs VLOOKUP: Users can search for data both vertically (columns) and horizontally (rows)

Which is better VLOOKUP or Xlookup?

The XLOOKUP separates the lookup array and the return array into two arguments. The lookup array should house the value Excel will search for and the return array argument will house the value to be returned. The separation of the arrays makes the XLOOKUP much more flexible than the VLOOKUP.

What is faster VLOOKUP or Sumif?

Sumif won’t work for text if that’s what you’re looking for. But it’s a lot faster than a normal index(match or vlookup.

What is better than Sumifs?

With SUMPRODUCT In spirit, the SUMPRODUCT option is closest to the SUMIFS formula since we are summing values based on multiple criteria. As before, it works fine as long as there is only one matching result.

Why you should never use VLOOKUP?

It can not lookup and return a value which is to the left of the lookup value. It works only with data which is arranged vertically. VLOOKUP would give a wrong result if you add/delete a new column in your data (as the column number value now refers to the wrong column).

What replaced VLOOKUP?

XLOOKUP
XLOOKUP: the future of searches in Excel. XLOOKUP was released by Microsoft in 2019 and is meant as the replacement for VLOOKUP, HLOOKUP, INDEX/MATCH functions.

What is the best lookup function in Excel?

Excel’s Best Lookup Method: INDEX-MATCH lookup_value—The value to match in lookup_array. lookup_array—A range of cells with data. match_type—Specifies how Excel matches the lookup_value with values in the lookup_array.

Can you sum VLOOKUP results?

Vlookup is a very versatile function which can be combined with other functions to get some desired result, one such situation is to calculate the sum of the data ( in numbers) based on the matching values, in such situations we can combine sum function with vlookup function, the method is as follows =SUM(Vlookup( …

What is faster than VLOOKUP?

INDEX-MATCH is much better: It’s never slower than VLOOKUP and can be much faster. It returns a reference rather than a value, which allows us to use it for more purposes. It doesn’t care where the result array is with regard to the lookup array.