Josh (Your CFO Guy)
Josh (Your CFO Guy)

@YourCFOGuy

13 Tweets 5 reads Sep 12, 2023
๐—˜๐˜ƒ๐—ฒ๐—ฟ๐˜† ๐—˜๐˜…๐—ฐ๐—ฒ๐—น ๐—–๐—ต๐—ฎ๐—ฟ๐˜, ๐—ฎ๐—ป๐—ฑ ๐—ช๐—ต๐—ฒ๐—ป ๐˜๐—ผ ๐—จ๐˜€๐—ฒ ๐—ถ๐˜
Charts are one of the most powerful features that Excel offersโ€ฆ
and each one has their own time & place for when you should use them.
Letโ€™s do a walk through of each chart:
๐Ÿญ. ๐Ÿ“ŠBar charts โ†’ helps you understand trends over time.
โ€ข Bar chart โ†’ single series
โ€ข Stacked bar chart โ†’ multiple series grouped together
โ€ข Clustered bar chart โ†’ multiple series side by side
โ€ข Horizontal โ†’ alternate orientation
๐Ÿฎ. ๐Ÿ“ˆ Line chart โ†’ helps you understand trends over time, with a line
โ€ข Line chart โ†’ can show 1 or multiple series. I like to utilize 2 series when Iโ€™m trying to understand the intersection
โ€ข Area chart โ†’ highlights magnitude of change by shading the bottom
๐Ÿฏ. ๐ŸŸก Pie chart โ†’ helps you understand the distribution between multiple categories
โ€ข Pie Chart โ†’ shows the split / distribution between multiple categories
โ€ข Donut โ†’ shows the % completion. This is in essence a hollow pie chart (my favorite for budget vs actuals)
๐Ÿฐ. Hierarchy charts โ†’ helps you understand the hierarchy of data
โ€ข Treemap โ†’ provides a hierarchal view of data by color and size
โ€ข Sunburst โ†’ provides a hierarchical data in a circular fashion
๐Ÿฑ. ๐Ÿ”ข Statistical charts โ†’ provide a visual representation of data distributions, trends, and patterns
โ€ข Histogram โ†’ Shows the underlying frequency distribution
โ€ข Box & Whisker โ†’ Shows distribution of data into quartiles, highlighting the mean and outliers.
โ€ข Pareto Chart โ†’ displays both the individual and cumulative frequencies
๐Ÿฒ. Waterfall chart โ†’ Helps in understanding the cumulative effect of sequentially introduced positive or negative values
This is especially relevant when showcasing MRR and ARR
๐Ÿณ. Scatter charts โ†’ often used to find correlations and patterns in the data
โ€ข Scatter Chart โ†’ displays the relationship between 2 numerical variables
โ€ข Bubble Chart โ†’ variation of the scatter chart, adding a third dimension using the size of the dots.
๐Ÿด. Combo charts โ†’ allows you to combine data from multiple series
Helpful when you have information across 2 distinct series (like Revenue and Gross Margin)
๐Ÿต. ๐Ÿ—บ๏ธ Map Charts โ†’ provide a geographical representation of data
๐Ÿญ๐Ÿฌ. PivotCharts โ†’ allows you to control chart data from a PivotTable
And that's a wrap!
Let me know your thoughts in the comments
๐—ฃ๐—ฆ: ๐—Ÿ๐—ฒ๐˜ƒ๐—ฒ๐—น ๐˜‚๐—ฝ ๐˜†๐—ผ๐˜‚๐—ฟ ๐—ฐ๐—ฎ๐—ฟ๐—ฒ๐—ฒ๐—ฟ ๐—ฎ๐—ป๐—ฑ ๐—ด๐—ฒ๐˜ ๐—™๐—ถ๐—ป๐—ฎ๐—ป๐—ฐ๐—ฒ & ๐—”๐—ฐ๐—ฐ๐—ผ๐˜‚๐—ป๐˜๐—ถ๐—ป๐—ด ๐˜๐—ถ๐—ฝ๐˜€ ๐—น๐—ถ๐—ธ๐—ฒ ๐˜๐—ต๐—ถ๐˜€ ๐—ฑ๐—ฒ๐—น๐—ถ๐˜ƒ๐—ฒ๐—ฟ๐—ฒ๐—ฑ ๐—ฟ๐—ถ๐—ด๐—ต๐˜ ๐˜๐—ผ ๐˜†๐—ผ๐˜‚๐—ฟ ๐—ถ๐—ป๐—ฏ๐—ผ๐˜…:
yourcfoguy.com

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