Hi there,
I’m trying to figure out how to calculate rolling 3, 6, 12 month burn rate. What formula can I use to automatically calculate and update burn rate (or other average) based on number of past months?
Thank you!
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Can you share screen shots that show the structure of your data?
A lot depends on how your data is setup. Do you have linked records per month? Are there multiple records per month? Or do you have a single table for all records and multiple fields?
@kuovonne thank you for your reply. I have a table specifically for burn rate. I’d like to see our burn rate for the last 12 months (or 3, or 6. CUrrently, I have a formula that calculated burn rate YTD but I’d like it to be on a rolling basis((Starting balance - ending balance)/months)). Starting balance - ending balance is an easy part but currently I need to manually update the divisor . How can I get it to update automatically based on number of months, not the month we are in? Thank you!
@kuovonne thank you for your reply. I have a table specifically for burn rate. I’d like to see our burn rate for the last 12 months (or 3, or 6. CUrrently, I have a formula that calculated burn rate YTD but I’d like it to be on a rolling basis((Starting balance - ending balance)/months)). Starting balance - ending balance is an easy part but currently I need to manually update the divisor . How can I get it to update automatically based on number of months, not the month we are in? Thank you!
Can you share screen shots that show the structure of your data?
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