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ih8vols New Member
New Member

Forecast Sales - Divide sales by completed days & multiple by days in month

I'm trying to figure out how to forecast sales for the current month based on the average dailys sales that have been completed. 

 

For example, let's say total sales have been $100,000 thru 14 days in April. I need to divide $100,000 by 14 and then multiple it by 30 (total days in the month of April), so that the Forecasted Sales are $214,285. 

 

Thank you for your help!

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edhans Super Contributor
Super Contributor

Re: Forecast Sales - Divide sales by completed days & multiple by days in month

Try this:

 

Forecasted Sales = Sales[Gross Sales]/DAY(TODAY()) * DAY(EOMONTH(TODAY(),0))

This is a calculated column. It takes sales, divides by the day number of today, then multiplies by the day number of the last day of the current month.

View solution in original post

1 REPLY 1
edhans Super Contributor
Super Contributor

Re: Forecast Sales - Divide sales by completed days & multiple by days in month

Try this:

 

Forecasted Sales = Sales[Gross Sales]/DAY(TODAY()) * DAY(EOMONTH(TODAY(),0))

This is a calculated column. It takes sales, divides by the day number of today, then multiplies by the day number of the last day of the current month.

View solution in original post

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