Forum Discussion
Average Growth Rate
Let say
Number of milk cans sold by the company in the past four years:
2018 = 350
2019 = 450
2020 = 500
2021 = 650
Calculate the company's average annual growth rate.
So, if the present value is 650, the past value is 350 and the number of years is 4, you get:
Growth rate after 2018: (450 - 350) / 350 x 100 = 28.57%
Growth rate after 2019: (500 - 450) / 450 x 100 = 11.11%
Growth rate after 2020: (650 - 500) / 500 x 100 = 30%
Average growth rate over time = (28.57% + 11.11% + 30%) / 3 = 23.22% per year
Im struggling to get this in dax query .
Please Suggest a method to get Average growth rate over time
12 Replies
- amitchandakSuper User
vivek_rana , using a separate date or year table
//Only year vs Year, not a level below
This Year = CALCULATE(sum('Table'[Qty]),filter(ALL('Date'),'Date'[Year]=max('Date'[Year])))
Last Year = CALCULATE(sum('Table'[Qty]),filter(ALL('Date'),'Date'[Year]=max('Date'[Year])-1))diff = [This Year]-[Last Year ]
diff % = divide([This Year]-[Last Year ],[Last Year ])Now create Avg diff %
Avg diff % = AverageX(values('Date'[Year]), [diff %])
- vivek_ranaFrequent Visitor
Hi amitchandak
How can we do it at Year -month level. I tried replacing Year with Yearmonth field from calender table..but seems like its not working... Can you please suggest here.
- Ashish_MathurSuper User
What result are you expecting? Please show that clearly.