xIRR

The xIRR is a way of calculating the IRR for a series of cash flows that may not be periodic by assigning specific dates to each individual cash flow. xIRR is a complicated calculation done in Excel or other financial modeling software. The main benefit of using the XIRR Excel function is that these unevenly timed cash flows can be accurately modeled.

Also known as: Extended IRR

Related Terms

• IRR
• CAGR