TIMEVALUE

Definition: The TIMEVALUE function in Excel is used to convert a text string that represents a time to a serial number that Excel can recognize as a time.

Syntax: ==TIMEVALUE(time_text).

Situation: This formula is appropriate in situations where you need to convert a text string that represents a time to a serial number.

Example: If you have a cell that contains the text string “3:30 PM”, you would use the formula =TIMEVALUE(“3:30 PM”). This would return a value of 0.645833333, which is the serial number that Excel uses to represent 3:30 PM.