diff --git a/apache-poi/pom.xml b/apache-poi/pom.xml
index a114946c47..333339ed33 100644
--- a/apache-poi/pom.xml
+++ b/apache-poi/pom.xml
@@ -32,7 +32,7 @@
     </dependencies>
 
     <properties>
-        <poi.version>3.15</poi.version>
+        <poi.version>4.1.1</poi.version>
         <jexcel.version>1.0.6</jexcel.version>
     </properties>
 
diff --git a/apache-poi/src/main/java/com/baeldung/poi/excel/ReadCellValueNotFormulaHelper.java b/apache-poi/src/main/java/com/baeldung/poi/excel/ReadCellValueNotFormulaHelper.java
new file mode 100644
index 0000000000..f5117dcda9
--- /dev/null
+++ b/apache-poi/src/main/java/com/baeldung/poi/excel/ReadCellValueNotFormulaHelper.java
@@ -0,0 +1,84 @@
+package com.baeldung.poi.excel;
+
+import java.io.File;
+import java.io.FileInputStream;
+import java.io.IOException;
+
+import org.apache.poi.ss.usermodel.Cell;
+import org.apache.poi.ss.usermodel.CellType;
+import org.apache.poi.ss.usermodel.FormulaEvaluator;
+import org.apache.poi.ss.usermodel.Row;
+import org.apache.poi.ss.usermodel.Sheet;
+import org.apache.poi.ss.usermodel.Workbook;
+import org.apache.poi.ss.util.CellAddress;
+import org.apache.poi.xssf.usermodel.XSSFWorkbook;
+
+public class ReadCellValueNotFormulaHelper {
+
+    public Object getCellValueByFetchingLastCachedValue(String fileLocation, String cellLocation) throws IOException {
+        Object cellValue = new Object();
+        FileInputStream inputStream = new FileInputStream(new File(fileLocation));
+
+        Workbook workbook = new XSSFWorkbook(inputStream);
+
+        Sheet sheet = workbook.getSheetAt(0);
+
+        CellAddress cellReference = new CellAddress(cellLocation);
+
+        Row row = sheet.getRow(cellReference.getRow());
+        Cell cell = row.getCell(cellReference.getColumn());
+
+        if (cell.getCellType() == CellType.FORMULA) {
+            switch (cell.getCachedFormulaResultType()) {
+            case BOOLEAN:
+                cellValue = cell.getBooleanCellValue();
+                break;
+            case NUMERIC:
+                cellValue = cell.getNumericCellValue();
+                break;
+            case STRING:
+                cellValue = cell.getRichStringCellValue()
+                    .getString();
+                break;
+            default:
+                cellValue = null;
+            }
+        }
+
+        workbook.close();
+        return cellValue;
+    }
+
+    public Object getCellValueByEvaluatingFormula(String fileLocation, String cellLocation) throws IOException {
+        Object cellValue;
+        FileInputStream inputStream = new FileInputStream(new File(fileLocation));
+
+        Workbook workbook = new XSSFWorkbook(inputStream);
+
+        Sheet sheet = workbook.getSheetAt(0);
+        FormulaEvaluator evaluator = workbook.getCreationHelper()
+            .createFormulaEvaluator();
+
+        CellAddress cellAddress = new CellAddress(cellLocation);
+
+        Row row = sheet.getRow(cellAddress.getRow());
+        Cell cell = row.getCell(cellAddress.getColumn());
+
+        switch (evaluator.evaluateFormulaCell(cell)) {
+        case BOOLEAN:
+            cellValue = cell.getBooleanCellValue();
+            break;
+        case NUMERIC:
+            cellValue = cell.getNumericCellValue();
+            break;
+        case STRING:
+            cellValue = cell.getStringCellValue();
+            break;
+        default:
+            cellValue = null;
+        }
+
+        workbook.close();
+        return cellValue;
+    }
+}
diff --git a/apache-poi/src/main/resources/test.xlsx b/apache-poi/src/main/resources/test.xlsx
new file mode 100644
index 0000000000..64fe14f25b
Binary files /dev/null and b/apache-poi/src/main/resources/test.xlsx differ
diff --git a/apache-poi/src/test/java/com/baeldung/poi/excel/ReadCellValueNotFormulaUnitTest.java b/apache-poi/src/test/java/com/baeldung/poi/excel/ReadCellValueNotFormulaUnitTest.java
new file mode 100644
index 0000000000..df7ab81874
--- /dev/null
+++ b/apache-poi/src/test/java/com/baeldung/poi/excel/ReadCellValueNotFormulaUnitTest.java
@@ -0,0 +1,39 @@
+package com.baeldung.poi.excel;
+
+import static org.junit.jupiter.api.Assertions.assertEquals;
+
+import java.io.IOException;
+import java.net.URISyntaxException;
+import java.nio.file.Paths;
+
+import org.junit.Before;
+import org.junit.Test;
+
+public class ReadCellValueNotFormulaUnitTest {
+
+    private ReadCellValueNotFormulaHelper readCellValueNotFormulaHelper;
+    private String fileLocation;
+    private static final String FILE_NAME = "test.xlsx";
+
+    @Before
+    public void setup() throws URISyntaxException { 
+        fileLocation = Paths.get(ClassLoader.getSystemResource(FILE_NAME).toURI()).toString();
+        readCellValueNotFormulaHelper = new ReadCellValueNotFormulaHelper();
+    }
+
+    @Test
+    public void testCachedValueMethod() throws IOException {
+        final double expectedResult = 7.0;
+        final Object cellValue = readCellValueNotFormulaHelper.getCellValueByFetchingLastCachedValue(fileLocation, "C2");
+
+        assertEquals(expectedResult, cellValue);
+    }
+
+    @Test
+    public void testFormulaEvaluationMethod() throws IOException {
+        final double expectedResult = 7.0;
+        final Object cellValue = readCellValueNotFormulaHelper.getCellValueByEvaluatingFormula(fileLocation, "C2");
+
+        assertEquals(expectedResult, cellValue);
+    }
+}