Forum Discussion

JoyceW's avatar
JoyceW
Helper II
7 years ago

Calculating average inventory by adding the begin amount and the end amount and then dividing by 2

Hi, I have Power BI linked to our Exact database. I have the following table:

 

itemnumber, date, amount, value. 

 

1-1 = 10

2-1 = 20

3-1 = 40

 

Average should be: (40+10 )/2 = 25

 

I have to use this to calculate the inventory turnover. 

 

When I use average it does 10+20+40 and divides it by 3. 

 

Also, I would like to do this per month, quarterly year and year. 

 

Any suggestions are greatly appreciated. 

Need Help

3 Replies

  • Anonymous's avatar
    Anonymous
    Not applicable
    7 years ago

    Hi JoyceW ,

    Is there any index field in your table? If this is a case, you can write formula to use index to find out correspond begin value and end value, then use them to get average.  

    AVG Measure =
VAR _start =
    MINX ( ALLSELECTED ( Table[index] ), [index] )
VAR _end =
    MAXX ( ALLSELECTED ( Table[index] ), [index] )
RETURN
    DIVIDE (
        LOOKUPVALUE ( Table[Amount], Table[index], _start )
            + LOOKUPVALUE ( Table[Amount], Table[index], _end ),
        2,
        BLANK ()
    )

    Otherwise you need to add index column first.(power bi data model not contains row/column index to find out first or last row value)

    Regards,

    Xiaoxin Sheng

    • JoyceW's avatar
      JoyceW
      Helper II
      7 years ago

      Hi Anonymous , thanks for your reply.

       

      i'm not sure how an index field would work, since the table contains many dates and many item numbers. So it should pick the first date and the last date of an item number and then divide it. It would even be better if I could show the first and last date in a month, in a quarter and in a year. 

    • MAAbdullah_47's avatar
      MAAbdullah_47
      Helper V
      4 years ago

      Hi Anonymous  The Index is it related to the Dates Table ? Kindly please explain by an example.