I have looked into the Forcast & Trend formula but I cannot figure it out for the life of me.
I want to work out the trend 14 days from now.
I have a set of data:
A1 - A30 with dates
B1 - B30 with daily ticket count for the business.
I would like to make a result in another cell that would predict what the estimated total ticket count would be 14 days from now. I do not need all 14 days, just the 14th day.
If I was to try show you what the formula looks like in my head it would be:
=trend/forecast(B1:B30,14)
or
=Predict(B1:B30)*14
Unfortunately it is not as easy as that. How can I do this?
I think you want to use the Forecast function. The inputs you have do not match the correct format though.
FORECAST( x, known y's, known x's) where...
x = the series (or date) you want to forecast
known y's = historical tickets per day
known x's = historical dates (or series)
The below example allows you to forecast tickets for any date (Forecasted Date) given the historical information (table on left). If your table is not formatted with actual dates, just create a series (first day = 1, second day = 2, etc.) and forecast that way.
Given the historical data, the forecasted tickets for Aug 28th (14 days after last known value) are 16.7
Related
I have a question related to EXCEL:
Since I have the following prices for different period, how can I compute in an automatic way, for example the price between 10 June - 15 July ?
EDIT--> Expected output:
50€+50€ (10-11 june) + 58€x13 (period 12 june - 25 June) + 75€x13 (period 26 june - 9 July) + 92€x5 (period 10 july-15july) = 2289€
This is the same pictures with the cells in excel, please do not consider the "Price of period", but only the daily price
You could do this with a (lengthy) calculation:
Consider:
A8 Contains the from date (10-06-2021)
B8 Contains the from date (17-07-2021)
=(MIN($B$8,D3)-MAX($A$8,C3)+1)*C5+(MIN($B$8,F3)-MAX($A$8,E3)+1)*E5+(MIN($B$8,H3)-MAX($A$8,G3)+1)*G5+(MIN($B$8,J3)-MAX($A$8,I3)+1)*I5
This will consider a period from 10-06 - 11-06 a period of 2 days. And also 12-06 - 25-06 a period of 14 days, and so on.
The result is: 2514.00
One method would be to create a lookup table and use a formula.
Given your data, your lookup table might as shown below:
I NAME'd it: priceTable
You can then use the formula:
=SUM(VLOOKUP(SEQUENCE(End-Start+1,,Start,1),priceTable,2))
If, for some reason, you cannot easily create priceTable, you can create it with a formula (depending on your version of Excel):
=INDEX($C$4:$I$6,{1,3},{1;3;5;7})
Note: All of the formulas assume your dates are real dates and not strings.
If your version of Excel does not have the SEQUENCE function, you can replace it with:
=SUM(VLOOKUP(ROW(INDEX($A:$A,Start):INDEX($A:$A,End)),priceTable,2))
I’m trying to compare a measure as of today through the same day and month for the prior 4 years (e.g. through June 6 of 2016, 2015, 2014, etc.).
For each year, I decided to count the number of days since the beginning of the year, and sum my values through that number of days for each year.
To identify whether a date should be included in the year to date comparison, I used the formula where my date is in cell A1:
=IF((A1-DATE(YEAR(A1),1,1)+1)<=(TODAY()-DATE(YEAR(TODAY()),1,1)+1),1,0)
I’m looking for a way around the issue of the extra day added to leap years. In other words, after February 28th, the day count will always be off by one in a leap year, and trying to use Februrary 29th in a non-leap year will return an error.
I’d like to adjust this formula, but I’m open to using a different function & formula if it gets me the right results.
you can check any information about February, 29th. If an error occurs, you know its no leap year. Catch that error with =IFERROR(;).
Assuming a table structure like this:
A:Date | B:Value
----------------------
01/01/2016 | 0
01/01/2015 | 1
01/01/2014 | 2
01/01/2013 | 3
01/01/2012 | 4
Formula
To - for example - calculate the average of the previous four (excluding the current) years on January 1st (today is 01/01/2016):
=SUMPRODUCT(
(MONTH(A:A)=MONTH(compare))*
(DAY(A:A)=DAY(compare))*
(YEAR(A:A)>YEAR(compare)-5)*
(YEAR(A:A)<YEAR(compare))*
(B:B)
) / (
SUMPRODUCT(
(MONTH(A:A)=MONTH(compare))*
(DAY(A:A)=DAY(compare))*
(YEAR(A:A)>YEAR(compare)-5)*
(YEAR(A:A)<YEAR(compare))*
1
)
)
Result
For the above example, the result is 2.5
Explanation
To select only those rows representing the same month and day:
(MONTH(A:A)=MONTH(compare))*(DAY(A:A)=DAY(compare))
To select only those values from the previous 4 years (excluding the current):
(YEAR(A:A)>YEAR(compare)-5)*(YEAR(A:A)<YEAR(compare))*
The actual values we are interested in:
(B:B)
Divide by 4 for the average over the last four years. This assumes there is no missing data which might be an issue. You could use another SUMPRODUCT (replace B:B with 1) to count the number of resulting rows and divide by that number to handles this case. This seems to be rather slow, but it works.
Note
For performance reason you should not use A:A (a full column) in the formula, just use the actual range you need, which will likely be much faster.
Ive spent the last 2 days trying to get this, and I really just need a few pointers. Im using Excel 2010 w/ Power Pivot and calculating inventories. I am trying to get the amount sold between 2 dates. I recorded the quantity on hand if the item was in stock.
Item # Day Date Qty
Black Thursday 11/6/2014 2
Blue Thursday 11/6/2014 3
Green Thursday 11/6/2014 3
Black Friday 11/7/2014 2
Green Friday 11/7/2014 2
Black Monday 11/10/2014 3
Blue Monday 11/10/2014 4
Green Monday 11/10/2014 3
Is there a way to do this in dax? I may have to go back and calculate the differences for each record in excel, but Id like to avoid that if possible.
Somethings that have made this hard for me.
1) I only record the inventory Mon-Fri. I am not sure this will always be the case so i'd like to avoid a dependency on this being only weekdays.
2) When there is none in stock, I dont have a record for that day
Ive tried, CALCULATE with dateadd and it gave me results nearly right, but it ended up filtering out some of the results. Really was odd, but almost right.
Any Help is appreciated.
Bryan, this may not totally answer your question as there are a couple of things that aren't totally clear to me but it should give you a start and I'm happy to expand my answer if you provide further info.
One 'pattern' you can use involves the TOPN function which when used with the parameter n=1 can return the earliest or latest value from a table that it sorts by dates and can be filtered to be earlier/later than dates specified.
For this example I am using a 'disconnected' date table from which the user would select the two dates required in a slicer or report filter:
=
CALCULATE (
SUM ( inventory[Qty] ),
TOPN (
1,
FILTER ( inventory, inventory[Date] <= MAX ( dates[Date] ) ),
inventory[Date],
0
)
)
In this case the TOPN returns a single row table of the latest date earlier than or equal to the latest date provided. The 1st argument in the TOPN specifies the number of rows, the second the table to use, the 3rd the column to sort on and the 4th says to sort descending.
From here it is straightforward to adapt this for a second measure that finds the value for the latest date before or equal to the earliest date selected (i.e. swap MIN for MAX in MAX(dates[Date])).
Hope this helps.
Jacob
*prettified using daxformatter.com
I'm trying to fix up a formula I have that's having some issues. It's supposed to track # days invoiced in a month, so the high-level idea is to take the maximum date in a month and subtract the minimum date in the month, and on error subtract the 1st day of the month. My current formula has issues adjust for invoices that may cross months, an example being 1/25 - 2/3 where if this were the only invoice, January should show 7 days invoiced and February would show 3. If there were another invoice from 2/15 - 2/28, I would want Feb to show the maxed invoice days, 14 in this example.
For reference here's what a table could look like:
A B C D E F
start month end month invoice begin invoice end Month Max Days invoiced
jan 1 feb 1 1/25/14 2/3/14 1/1 7
feb 1 feb 1 2/15/14 2/28/14 2/1 14
3/1
etc.........
I tried the formula below but it was erroring out, plus I don't think it will account for gaps in invoices like in my example.:
=IF(B2:B100=X1,MAX(D2:D100),) - IF(A2:A100=X2,MIN(C2:C100),A2)
'where column X is a list of months, X1 = 1/1, X2 = 2/1, etc.
No luck with this formula either, keeps erroring out and giving 0 values:
{=DATEDIF(IF(A2:A100=E2,MIN(C2:C100),),IF(B2:B100=E2,MAX(D2:D100),),"d")}
I appreciate your help!
Not sure exactly what you are looking for but you could probably make use of the EOMONTH() function. Here's an example of it:
=EOMONTH(A2,0)-A2+1
by the way - here is how you would get the start of the month:
=EOMONTH(TODAY(),-1)+1
Try the following per your comment below:
"I think this could be useful but I'm not sure it would work if the invoice end was, say, 2/21 or anytime before the EOM"
=IF(B3>=EOMONTH(A3,0),EOMONTH(A3,0)-A3+1,B3-A3+1)
I have the following data in a logbook format:
DATE MILEAGE
02-Jul-13 15
05-Jul-13 12
09-Jul-13 156
10-Aug-13 20
11-Aug-13 20
12-Aug-13 232
12-Aug-13 20
13-Aug-13 265
15-Aug-13 20
18-Aug-13 20
I am looking to extract data from it.
I need to ignore errors and #N/A so I have been trying to use the AGGREGATE function. To no avail though.
I would like to present the following information:
Mileage this month -
=AGGREGATE(9,7, IF(MONTH(IFERROR(LogBookTable[Date], 0)) = MONTH(TODAY()), LogBookTable[Total KM], 0)) - Does not work
Mileage in July -
=AGGREGATE(9,7, IF(MONTH(IFERROR(LogBookTable[Date], 0)) = MONTH(7), LogBookTable[Total KM], 0)) - Does not work
Mileage in August -
=AGGREGATE(9,7, IF(MONTH(IFERROR(LogBookTable[Date], 0)) = MONTH(8), LogBookTable[Total KM], 0)) - Does not work
Total Mileage -
=AGGREGATE(9,7,LogBookTable[Total KM]) - This works
The monthly mileage and current month mileage all result in a "#VALUE!" being displayed.
Any assistance would be much appreciated.
Just in case anyone asks, the naming schemes are corrected, it's not the references that aren't working, it's the values.
You could use DSUM. If you had two criteria cells setup Say in D1:E2 as follows:
Date Date
>1/07/2013 <31/7/2013
and if your data was in A1:B11 (as per your example above), to return a sum for July ignoring errors, use the following formula:
=DSUM(A1:B11,2,D1:E2)
You could setup the criteria such that they were updated based on the current month, and that the month end is calculated using:
="<"& DATE(YEAR(TODAY()),MONTH(TODAY())+1,DAY(1)-1)
and the month start calculated by:
=">"& DATE(YEAR(TODAY()),MONTH(TODAY()),DAY(1))
Remember that with criteria, multiple criteria on the same row is an AND, and multiple rows on the same criteria is an OR.
You can use SUMIF is you add a column representing the month of the date:
Column B contains =MONTH of Column A. All you have to do is update the DATE entry in A16 with a new date. B16 is accordingly updated with the appropriate month, creating a new monthly aggregate/sum.