Forecast VBA

Gerrit.B

Board Regular
Joined
Aug 10, 2004
Messages
237
Office Version
  1. 2019
  2. 2016
Platform
  1. Windows
In a query I have the sales of the last 6 months.
How can I calculate the sales for this month, next month and the 3 month?
 

Excel Facts

Excel Can Read to You
Customize Quick Access Toolbar. From All Commands, add Speak Cells or Speak Cells on Enter to QAT. Select cells. Press Speak Cells.
There are a lot of ways to do that. Simplest would be straight line forecasting:

next month sales will be the same as this month sales.
next six months sales will be the same as the last six month sales.

Better is to have more data (i.e., do sales usually go up in winter, summer, spring, fall?

As well as better to have more input from marketing and production (i.e., will there be major marketing campaigns designed to increase sales? Is there a new product release?)

Also you can use inputs from overall macro economic trends (is my industry overall in a growth trend or not? What kind of major events might impact growth in my market?)

You can access regression functions in Excel. Often those formulas used without any other inputs or analysis isn't much better than just tracking moving averages.
 
Upvote 0

Forum statistics

Threads
1,213,486
Messages
6,113,932
Members
448,533
Latest member
thietbibeboiwasaco

We've detected that you are using an adblocker.

We have a great community of people providing Excel help here, but the hosting costs are enormous. You can help keep this site running by allowing ads on MrExcel.com.
Allow Ads at MrExcel

Which adblocker are you using?

Disable AdBlock

Follow these easy steps to disable AdBlock

1)Click on the icon in the browser’s toolbar.
2)Click on the icon in the browser’s toolbar.
2)Click on the "Pause on this site" option.
Go back

Disable AdBlock Plus

Follow these easy steps to disable AdBlock Plus

1)Click on the icon in the browser’s toolbar.
2)Click on the toggle to disable it for "mrexcel.com".
Go back

Disable uBlock Origin

Follow these easy steps to disable uBlock Origin

1)Click on the icon in the browser’s toolbar.
2)Click on the "Power" button.
3)Click on the "Refresh" button.
Go back

Disable uBlock

Follow these easy steps to disable uBlock

1)Click on the icon in the browser’s toolbar.
2)Click on the "Power" button.
3)Click on the "Refresh" button.
Go back
Back
Top