formula to project revenue

  • Thread starter Need formula help, Excel 2007, Thanks
  • Start date
N

Need formula help, Excel 2007, Thanks

Hello, is there a formula I can use that will project revenue in real time
based on total sales at any given time. Basically, take my sales to date,
consider how many days into a calendar year we are at presently and make a
prediction to where the sales will be at the end of the calendar year based
on sales to date. So, say I am 50 days into the calendar year and my sales
are 500,000. Presently, I am averaging 10,000 per day and at this rate my
sales for the year will be 3,650,000. Is there a formula that will take the
revenue from cell1 and provide the annual projected revenue in cell2? I hope
I am making sense. Thanks in advance to anyone that can assist.
 
D

Dana DeLouis

provide the annual projected ...

Another option that provides a linear guess might be:
(Adjust as necessary)

=FORECAST(DATEVALUE("12/31/2010"),B1:B2,A1:A2)

3640000


A1: 1/1/2010
A2: 2/20/2010

B1: 0
B2: 500000

HTH
Dana DeLouis
 

Ask a Question

Want to reply to this thread or ask your own question?

You'll need to choose a username for the site, which only take a couple of moments. After that, you can post your question and our members will help you out.

Ask a Question

Top