Forecast Monthly Run Rates

rk9716

New Member
Joined
Jan 21, 2010
Messages
2
I have monthly sales figures for the first two months of the year:

<TABLE style="WIDTH: 53pt; BORDER-COLLAPSE: collapse" border=0 cellSpacing=0 cellPadding=0 width=71><COLGROUP><COL style="WIDTH: 53pt; mso-width-source: userset; mso-width-alt: 2596" width=71><TBODY><TR style="HEIGHT: 15pt" height=20><TD style="BORDER-BOTTOM: #ece9d8; BORDER-LEFT: #ece9d8; BACKGROUND-COLOR: transparent; WIDTH: 53pt; HEIGHT: 15pt; BORDER-TOP: #ece9d8; BORDER-RIGHT: #ece9d8" class=xl63 height=20 width=71>P1 34,651 </TD></TR><TR style="HEIGHT: 15pt" height=20><TD style="BORDER-BOTTOM: #ece9d8; BORDER-LEFT: #ece9d8; BACKGROUND-COLOR: transparent; HEIGHT: 15pt; BORDER-TOP: #ece9d8; BORDER-RIGHT: #ece9d8" class=xl63 height=20>P2 20,665 </TD></TR></TBODY></TABLE>

I have used the run rate formula below to calculate where we will end the current month based on daily sales

=C3/C4*(EOMONTH(TODAY(),0)-EOMONTH(EDATE(TODAY(),-1),0))

Where C3 is my sales and C4 is the number of the days in the month as of today.

P3 26,323

What is the best formula to use to forecast/calculate the run rate for the next two months?

I have tried a couple of average formulas but of course they create the same average after the following months...
 

Excel Facts

Which Excel functions can ignore hidden rows?
The SUBTOTAL and AGGREGATE functions ignore hidden rows. AGGREGATE can also exclude error cells and more.

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