Forum Discussion
How to calculate inventory carry months (Excel)
Hi friends,
If anyone knows how to calculate carry months by Excel?
Take below for example:
"Product A" current stock is 100, and I can use 1.58 months after.
"Product B" current stock is 100, and I can use 2.37 months after.
"Product C" current stock is 300, and I can use 3.50 months after.
Logic is:
"Product A" current stock is 100, January & February demand is 55 & 78.
After January I have 45 left and still cover 45/78=0.58 month of February.
Hi Luke_Lee
With the help of solver columns and below formula you may achieve your requirements:
=IFERROR(IF(($B2-SUM($D2:D2))/E2<0,0,IF(($B2-SUM($D2:D2))/E2>1,1,($B2-SUM($D2:D2))/E2)),0)
You may refer the attached file for your reference. Please let me know if it works for you.
Thanks
Tauqeer
1 Reply
- tauqeeracmaIron Contributor
Hi Luke_Lee
With the help of solver columns and below formula you may achieve your requirements:
=IFERROR(IF(($B2-SUM($D2:D2))/E2<0,0,IF(($B2-SUM($D2:D2))/E2>1,1,($B2-SUM($D2:D2))/E2)),0)
You may refer the attached file for your reference. Please let me know if it works for you.
Thanks
Tauqeer