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SonLeThai
Frequent Visitor

Weighted Average Cost of Goods Sold Help!!!!!

Hello Everyone,

Please does anyone have a sample of how to calculate the Weighted Average Cost of Goods Sold where there are

Open Inventory
Inventory purchased monthly
Monthly sales for each product

Summarily, all I want is a Dax formula for a weighted average cost of goods that is calculated at the end of every month for the company’s monthly closing.

I search a lot but can't solve my problem

Please help me.

Eg:

SonLeThai_0-1695898309094.png

Pic is way to calculate Weighted Average Cost of Goods Sold.

Thanks

1 ACCEPTED SOLUTION
amitchandak
Super User
Super User

@SonLeThai , to build one hand you have to use cumulative measure

 

example

 

Inventory / OnHand
CALCULATE(firstnonblankvalue('Date'[Month]),sum(Table[Intial Inventory]),all('Date')) + CALCULATE(SUM(Table[Ordered]),filter(date,date[date] <=maxx(date,date[date]))) - CALCULATE(SUM(Table[Sold]),filter(date,date[date] <=maxx(date,date[date])))

 

Power BI Inventory On Hand: https://youtu.be/nKbJ9Cpb-Aw

 

check you share weighted Avg formula

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2 REPLIES 2
amitchandak
Super User
Super User

@SonLeThai , to build one hand you have to use cumulative measure

 

example

 

Inventory / OnHand
CALCULATE(firstnonblankvalue('Date'[Month]),sum(Table[Intial Inventory]),all('Date')) + CALCULATE(SUM(Table[Ordered]),filter(date,date[date] <=maxx(date,date[date]))) - CALCULATE(SUM(Table[Sold]),filter(date,date[date] <=maxx(date,date[date])))

 

Power BI Inventory On Hand: https://youtu.be/nKbJ9Cpb-Aw

 

check you share weighted Avg formula

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

Tks you @amitchandak  your susget give an idea to solve my solution.
that's great!!!

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