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sean_cochran
Resolver I
Resolver I

Conditional Annualization of Measure

I have a working measure [Turnover]. I want to create another measure [Turnover (Annualized)] that displays [Turnover] for complete years and the predicted full-year value of [Turnover] for the current incomplete year.

 

Current DAX:

 

Turnover (Annualized) = 

// Find the cutoff for current data
VAR maxDate = CALCULATE( 
    MAX( Dates[Date] ), 
    ALL( Dates[Date] )
)

// Extrapolate full year turnover based on number of days since start of year 
VAR annualizedTurnover = [Turnover] / YEARFRAC ( DATE ( YEAR( maxDate ), 1, 1 ) , maxDate, 1 )

// If maximum date in filter context = maxdate, then return annualized turnover, otherwise return [Turnover]
RETURN IF(
        MAX(Dates[Date]) = maxDate,
        annualizedTurnover,
        [Turnover]
    )

 

 

Current Attempt Output:

sean_cochran_1-1707860099547.png

 

The current attempt correctly calculates the annualized value. However, it displays incorrect values (off by a few decimal places) for complete years. 2022 and 2023 should have the exact same values for both [Turnover] and [Turnover (Annualized)]. I am confused. Why would the IF statement return different values from the [turnover] measure for these years? What am I missing?

1 ACCEPTED SOLUTION
amitchandak
Super User
Super User

@sean_cochran , Change this and try

 

// Find the cutoff for current data
VAR maxDate = CALCULATE(
MAX( Dates[Date] ),
ALL( Dates )
)

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View solution in original post

2 REPLIES 2
amitchandak
Super User
Super User

@sean_cochran , Change this and try

 

// Find the cutoff for current data
VAR maxDate = CALCULATE(
MAX( Dates[Date] ),
ALL( Dates )
)

Join us as experts from around the world come together to shape the future of data and AI!
At the Microsoft Analytics Community Conference, global leaders and influential voices are stepping up to share their knowledge and help you master the latest in Microsoft Fabric, Copilot, and Purview.
️ November 12th-14th, 2024
 Online Event
Register Here

Worked! Thank you so much! Although, I don't know why it worked. Shouldn't the ALL() function work with columns too?

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