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Formula for exact weeks on hand

  1. #1
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    Formula for exact weeks on hand

    Hi there, I'm trying to do a formula to tell me how many weeks of supply I have based on a forecast, without using averages.

    I want to avoid 'on hand / average week of sales'.

    Right now in my data tab I have a simple columns view to see when inventory will run out by item. What formula would I use to count how many weeks of inventory (to the decimal) I have before running out?

    The yellow column is where the formula will go, and the 4/13-6/29 is the forecast inventory levels. So as an example, SKU 1 would have ~2.5 weeks on hand, and the week of 4/27 is when they would run out.

    I appreciate any help on this, I've been struggling with it for a week..
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    Re: Formula for exact weeks on hand

    I want to avoid 'on hand / average week of sales'
    Well, you can't - that is basically what forecasting does.

    But try this version
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    Bernie Deitrick
    Excel MVP 2000-2010

  3. #3
    Forum Guru Bo_Ry's Avatar
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    Re: Formula for exact weeks on hand

    Please try at I3
    =IFNA(MATCH(0,INDEX(-L3:W3,)),)+1/(1-IFNA(LOOKUP(0,-L3:W3,M3:W3),L3)/IFNA(LOOKUP(0,-L3:W3,L3:W3),H3))

    Decimal part is calculated from the latest positive Hand on divide by the latest Forcast
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    Re: Formula for exact weeks on hand

    Beautiful, Bo_Ry! Thank you!

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