Forum Discussion

RAJASEKAR-O's avatar
RAJASEKAR-O
Regular Visitor
9 months ago
Solved

How to Calculate Stock Aging Using FIFO Method

hi Team, I’m working on a stock/ inventory aging report in Power BI and need to apply the FIFO (First-In-First-Out) logic to calculate the age of the remaining stock but it showing stock movement ...
  • grazitti_sapna's avatar
    9 months ago

    Hi RAJASEKAR-O,

     

    Create a measure for running balance for receipts

     

    CumulativeReceipts =
    CALCULATE(
    SUM(F_Inventory[qty]),
    FILTER(
    F_Inventory,
    F_Inventory[Item] = EARLIER(F_Inventory[Item]) &&
    F_Inventory[TRTY] = "RCPT" &&
    F_Inventory[IN_DOCDATE] <= EARLIER(F_Inventory[IN_DOCDATE])
    )
    )

     

    Dax for running balance for issues

    CumulativeIssues =
    CALCULATE(
    SUM(F_Inventory[qty]),
    FILTER(
    F_Inventory,
    F_Inventory[Item] = EARLIER(F_Inventory[Item]) &&
    F_Inventory[TRTY] = "ISSU" &&
    F_Inventory[IN_DOCDATE] <= EARLIER(F_Inventory[IN_DOCDATE])
    )
    )

     

    DAX for Remaining stock per receipt

     

    RemainingQty =
    VAR Receipts = F_Inventory[qty]
    VAR Used = CALCULATE(
    SUM(F_Inventory[qty]),
    FILTER(
    F_Inventory,
    F_Inventory[Item] = EARLIER(F_Inventory[Item]) &&
    F_Inventory[TRTY] = "ISSU" &&
    F_Inventory[IN_DOCDATE] >= EARLIER(F_Inventory[IN_DOCDATE])
    )
    )
    RETURN MAX(0, Receipts - Used)

     

     

     I hope this solution helps you unlock your Power BI potential! If you found it helpful, click 'Mark as Solution' to guide others toward the answers they need.

     

     Love the effort? Drop the kudos! Your appreciation fuels community spirit and innovation.

     

     As a proud SuperUser and Microsoft Partner, we’re here to empower your data journey and the Power BI Community at large.

     

     Curious to explore more? [Discover here].
    Let’s keep building smarter solutions together!