atuljadhavnetafim
Active Member
- Joined
- Apr 7, 2012
- Messages
- 341
- Office Version
- 365
- Platform
- Windows
Dear Expert
i Hope you know the method of to calculate Day Sales outstanding (DSO) from countback method
i have tryied with formula but not get answer in single cell
i explan here what is the method of DSO with count back method
My Oct Nov and Dec Sales Are 150 100 250 Respectively
and my Dec closing Account receivable (AR) is 400
now in formual we are deduct last month sale from Account receivable till the Account Receivable is nill
for example first i deduct 250 (Dec Sale) from 400 (AR) and the balance is (150) so i will take 30 days, then i will deduct 100 (Nov Sale) the balance is (50) so i will take 30 Days, now my AR is less than Oct sale so i will devide (50/150)*30= 10 Days, so i my resul is (30+30+10)= 70 DSO
i need formula so i can pate in Dec month and get the 70 Days,
i need DSO for whole year so i need last 6 to 9 month Sales figure and Closing AR (both i have)
i hope you understand the method, and will make some formula to calculate in single cell...
also this formula wokring in prev month, i have closing AR for whole year
Best of luck, if i get it i will be happly excel lover among this forum..
i Hope you know the method of to calculate Day Sales outstanding (DSO) from countback method
i have tryied with formula but not get answer in single cell
i explan here what is the method of DSO with count back method
My Oct Nov and Dec Sales Are 150 100 250 Respectively
and my Dec closing Account receivable (AR) is 400
now in formual we are deduct last month sale from Account receivable till the Account Receivable is nill
for example first i deduct 250 (Dec Sale) from 400 (AR) and the balance is (150) so i will take 30 days, then i will deduct 100 (Nov Sale) the balance is (50) so i will take 30 Days, now my AR is less than Oct sale so i will devide (50/150)*30= 10 Days, so i my resul is (30+30+10)= 70 DSO
i need formula so i can pate in Dec month and get the 70 Days,
i need DSO for whole year so i need last 6 to 9 month Sales figure and Closing AR (both i have)
i hope you understand the method, and will make some formula to calculate in single cell...
also this formula wokring in prev month, i have closing AR for whole year
Best of luck, if i get it i will be happly excel lover among this forum..