Returns the decimal number for a particular time. If the cell format was General before the function was entered, the result is formatted as a date.
The decimal number returned by TIME is a value ranging from 0 (zero) to 0.99999999, representing the times from 0:00:00 (12:00:00 AM) to 23:59:59 (11:59:59 P.M.).
Syntax
TIME(hour,minute,second)
Hour is a number from 0 (zero) to 32767 representing the hour. Any value greater than 23 will be divided by 24 and the remainder will be treated as the hour value. For example, TIME(27,0,0) = TIME(3,0,0) = .125 or 3:00 AM.
Minute is a number from 0 to 32767 representing the minute. Any value greater than 59 will be converted to hours and minutes. For example, TIME(0,750,0) = TIME(12,30,0) = .520833 or 12:30 PM.
Second is a number from 0 to 32767 representing the second. Any value greater than 59 will be converted to hours, minutes, and seconds. For example, TIME(0,0,2000) = TIME(0,33,22) = .023148 or 12:33:20 AM
Remark
Microsoft Excel for Windows and Microsoft Excel for the Macintosh use different date systems as their default. Time values are a portion of a date value and represented by a decimal number (for example, 12:00 PM is represented as 0.5 because it is half of a day).
Example
The example may be easier to understand if you copy it to a blank worksheet.
How to copy an example
 Create a blank workbook or worksheet.
 Select the example in the Help topic.
Note Do not select the row or column headers.
Selecting an example from Help
 Press CTRL+C.
 In the worksheet, select cell A1, and press CTRL+V.
 To switch between viewing the results and viewing the formulas that return the results, press CTRL+` (grave accent), or on the Formulas tab, in the Formula Auditing group, click the Show Formulas button.

A 
B 
C 
Hour 
Minute 
Second 
12 
0 
0 
16 
48 
10 
Formula 
Description (Result) 

=TIME(A2,B2,C2) 
Decimal part of a day, for the first time above (0.5) 

=TIME(A3,B3,C3) 
Decimal part of a day, for the second time above (0.700115741) 


Note To view the number as a time, select the cell, and then on the Sheet tab, in the Number group, click the arrow next to Number Format, and click Time.