Validate XIRR inputs and return correct error values

Fix: Return #NUM! if values and dates contain a different number of values
Fix: Return #NUM! if there is not at least one positive cash flow and one negative cash flow
Fix: Return #NUM! if any number in dates precedes the starting date
Fix: Return #NUM! if a result that works cannot be found after max iteration tries
Fix: Correct DocBlocks for XIRR & XNPV
Add: Validate XIRR with unit tests

Closes #1177

CHANGELOG.md

@@ -26,6 +26,7 @@ and this project adheres to [Semantic Versioning](https://semver.org).
 - Fix branch pruning handling of non boolean conditions [#1167](https://github.com/PHPOffice/PhpSpreadsheet/pull/1167)
 - Fix ODS Reader when no DC namespace are defined [#1182](https://github.com/PHPOffice/PhpSpreadsheet/pull/1182)
 - Fixed Functions->ifCondition for allowing <> and empty condition [#1206](https://github.com/PHPOffice/PhpSpreadsheet/pull/1206)
+- Validate XIRR inputs and return correct error values [#1120](https://github.com/PHPOffice/PhpSpreadsheet/issues/1120)
 
 ## [1.9.0] - 2019-08-17
 

src/PhpSpreadsheet/Calculation/Financial.php

@@ -2148,7 +2148,7 @@ class Financial
      *                                The maturity date is the date when the Treasury bill expires.
      * @param int $price The Treasury bill's price per $100 face value
      *
-     * @return float
+     * @return float|mixed|string
      */
     public static function TBILLYIELD($settlement, $maturity, $price)
     {
@@ -2183,6 +2183,23 @@ class Financial
         return Functions::VALUE();
     }
 
+    /**
+     * XIRR.
+     *
+     * Returns the internal rate of return for a schedule of cash flows that is not necessarily periodic.
+     *
+     * Excel Function:
+     *        =XIRR(values,dates,guess)
+     *
+     * @param float[] $values     A series of cash flow payments
+     *                                The series of values must contain at least one positive value & one negative value
+     * @param mixed[] $dates      A series of payment dates
+     *                                The first payment date indicates the beginning of the schedule of payments
+     *                                All other dates must be later than this date, but they may occur in any order
+     * @param float $guess        An optional guess at the expected answer
+     *
+     * @return float|mixed|string
+     */
     public static function XIRR($values, $dates, $guess = 0.1)
     {
         if ((!is_array($values)) && (!is_array($dates))) {
@@ -2195,11 +2212,28 @@ class Financial
             return Functions::NAN();
         }
 
+        $datesCount = count($dates);
+        for ($i = 0; $i < $datesCount; ++$i) {
+            $dates[$i] = DateTime::getDateValue($dates[$i]);
+            if (!is_numeric($dates[$i])) {
+                return Functions::VALUE();
+            }
+        }
+        if (min($dates) != $dates[0]) {
+            return Functions::NAN();
+        }
+
         // create an initial range, with a root somewhere between 0 and guess
         $x1 = 0.0;
         $x2 = $guess;
         $f1 = self::XNPV($x1, $values, $dates);
+        if (!is_numeric($f1)) {
+            return $f1;
+        }
         $f2 = self::XNPV($x2, $values, $dates);
+        if (!is_numeric($f2)) {
+            return $f2;
+        }
         for ($i = 0; $i < self::FINANCIAL_MAX_ITERATIONS; ++$i) {
             if (($f1 * $f2) < 0.0) {
                 break;
@@ -2210,7 +2244,7 @@ class Financial
             }
         }
         if (($f1 * $f2) > 0.0) {
-            return Functions::VALUE();
+            return Functions::NAN();
         }
 
         $f = self::XNPV($x1, $values, $dates);
@@ -2247,15 +2281,15 @@ class Financial
      *        =XNPV(rate,values,dates)
      *
      * @param float $rate the discount rate to apply to the cash flows
-     * @param array of float    $values     A series of cash flows that corresponds to a schedule of payments in dates.
+     * @param float[] $values     A series of cash flows that corresponds to a schedule of payments in dates.
      *                                         The first payment is optional and corresponds to a cost or payment that occurs at the beginning of the investment.
      *                                         If the first value is a cost or payment, it must be a negative value. All succeeding payments are discounted based on a 365-day year.
      *                                         The series of values must contain at least one positive value and one negative value.
-     * @param array of mixed    $dates      A schedule of payment dates that corresponds to the cash flow payments.
+     * @param mixed[] $dates      A schedule of payment dates that corresponds to the cash flow payments.
      *                                         The first payment date indicates the beginning of the schedule of payments.
      *                                         All other dates must be later than this date, but they may occur in any order.
      *
-     * @return float
+     * @return float|mixed|string
      */
     public static function XNPV($rate, $values, $dates)
     {
@@ -2273,7 +2307,7 @@ class Financial
             return Functions::NAN();
         }
         if ((min($values) > 0) || (max($values) < 0)) {
-            return Functions::VALUE();
+            return Functions::NAN();
         }
 
         $xnpv = 0.0;

tests/PhpSpreadsheetTests/Calculation/FinancialTest.php

@@ -501,13 +501,12 @@ class FinancialTest extends TestCase
      * @dataProvider providerXIRR
      *
      * @param mixed $expectedResult
+     * @param mixed $message
      */
-    public function testXIRR($expectedResult, ...$args)
+    public function testXIRR($expectedResult, $message, ...$args)
     {
-        $this->markTestIncomplete('TODO: This test should be fixed');
-
         $result = Financial::XIRR(...$args);
-        self::assertEquals($expectedResult, $result, '', 1E-8);
+        self::assertEquals($expectedResult, $result, $message, Financial::FINANCIAL_PRECISION);
     }
 
     public function providerXIRR()

tests/data/Calculation/Financial/XIRR.php

@@ -1,71 +1,62 @@
 <?php
 
-// values, dates, guess, Result
+// result, message, values, dates, guess
 
 return [
     [
-        [
+        '#NUM!',
-            -10000,
+        'If values and dates contain a different number of values, returns the #NUM! error value',
-            [
+        [4000, -46000],
-                2750,
+        ['01/04/2015'],
-                4250,
+        0.1
-                3250,
-                2750,
-                46000,
-            ],
     ],
     [
-            '2008-01-01',
+        '#NUM!',
-            [
+        'Expects at least one positive cash flow and one negative cash flow; otherwise returns the #NUM! error value',
-                '2008-03-01',
+        [-4000, -46000],
-                '2008-10-30',
+        ['01/04/2015', '2019-06-27'],
-                '2009-02-15',
+        0.1
-                '2009-04-01',
-            ],
-        ],
-        0.10000000000000001,
-        0.373362535,
     ],
     [
-        [
+        '#NUM!',
-            -100,
+        'Expects at least one positive cash flow and one negative cash flow; otherwise returns the #NUM! error value',
-            [
+        [4000, 46000],
-                20,
+        ['01/04/2015', '2019-06-27'],
-                40,
+        0.1
-                25,
-            ],
     ],
     [
-            '2010-01-01',
+        '#VALUE!',
-            [
+        'If any number in dates is not a valid date, returns the #VALUE! error value',
-                '2010-04-01',
+        [4000, -46000],
-                '2010-10-01',
+        ['01/04/2015', '2019X06-27'],
-                '2011-02-01',
+        0.1
-            ],
-        ],
-        -0.3024,
     ],
     [
-        [
+        '#NUM!',
-            -100,
+        'If any number in dates precedes the starting date, XIRR returns the #NUM! error value',
-            [
+        [1893.67, 139947.43, 52573.25, 48849.74, 26369.16, -273029.18],
-                20,
+        ['2019-06-27', '2019-06-20', '2019-06-21', '2019-06-24', '2019-06-27', '2019-07-27'],
-                40,
+        0.1
-                25,
-                8,
-                15,
-            ],
     ],
     [
-            '2010-01-01',
+        0.137963527441025,
+        'XIRR calculation #1 is incorrect',
+        [139947.43, 1893.67, 52573.25, 48849.74, 26369.16, -273029.18],
+        ['2019-06-20', '2019-06-27', '2019-06-21', '2019-06-24', '2019-06-27', '2019-07-27'],
+        0.1
+    ],
     [
-                '2010-04-01',
+        0.09999999,
-                '2010-10-01',
+        'XIRR calculation #2 is incorrect',
-                '2011-02-01',
+        [100.0, -110.0],
-                '2011-03-01',
+        ['2019-06-12', '2020-06-11'],
-                '2011-06-01',
+        0.1
     ],
-        ],
+    [
-        0.20949999999999999,
+        '#NUM!',
+        'Can\'t find a result that works after FINANCIAL_MAX_ITERATIONS tries, the #NUM! error value is returned',
+        [139947.43, 1893.67, 52573.25, 48849.74, 26369.16, -273029.18],
+        ['2019-06-20', '2019-06-27', '2019-06-21', '2019-06-24', '2019-06-27', '2019-07-27'],
+        0.00000
     ],
 ];