How to calculate Year on Year (YoY) Growth? - Estimated Sales

[atin]

Hi All - I am trying to calculate YoY Sales Growth for a particular year 

I have the following information:

• Sales Last Year for 2020 was 28.182M
• YoY Growth Rate calculation is 44%
• Expected Sales budget results for 2021 should be 28.18M * 1.44 = 40.58M

Please see measures calculated below:

1. Total Sales = SUMX(Sales , Sales[Quantity] * RELATED( ‘Product’[Current Price] ) )
2. Sales LY =  CALCULATE( [Total Sales] , DATEADD( Dates[Date] , -1, YEAR ) )
3. Sales TY vs LY = IF( ISBLANK( [Sales LY] ) , BLANK() , [Total Sales] - [Sales LY] )
4. YoY Sales Growth  = DIVIDE( [Sales TY vs LY ] , [Sales LY] , 0 )

How do I calculate the Estimated Sales for 2020.

An easier option would be

Estimated Sales  =  [Sales LY] * 1.44 however I am keen to ensure that no hard numbers exists in my reports, and make it dynamic

I also tried this measure: ( Did not work)

Sales Budget = [Sales LY] * ( 1 + [YoY Sales Growth] ) 

Looking forward to getting feedback

[v-diye-msft · Accepted solution]

Hi @atin 

Your data is too scarce to repro it, so I create a dummy sample as below, kindly check it out:

Pbix attached.

[amitchandak]

@atin , try like

YoY Sales Growth = DIVIDE( [Total Sales] - [Sales LY] , [Sales LY] , 0 )

Sales Budget = [Sales LY] * [YoY Sales Growth ]

[atin]

@amitchandak  - many thanks for your response - The measures you mentioned have already been included in my original comments

What I am looking for is "how to incorporate the growth rate percentage in my analysis for the future years"

eg Sales Budget is [SalesLY] * 1+ [YoY Growth Rate]

When using this formulae, The YoY growth rate number is not coming up with the right solution for Future Years 

The YoY growth rate is 44% for 2018 . Sales LY FOR 2018 is 19.510M. 

Sales LY for 2019 is 28.18M

In Year 2019, the growth rate does not exist. However the Sales Budget for 2019 is based on the 2018 growth rate which should be 28.18M * 1.44 to get 40.58M