DAX Run-Rate Forecast (Projected Month-End) Measure

Projects the full month's sales by extrapolating the current daily average across the whole month.

Time IntelligenceAdvancedforecastrun rateprojection

DAX code

Run-Rate Forecast =
VAR DaysElapsed = DATEDIFF(STARTOFMONTH(MAX('Date'[Date])), MAX('Date'[Date]), DAY) + 1
VAR DaysInMonth = DAY(EOMONTH(MAX('Date'[Date]), 0))
VAR DailyAverage = DIVIDE([Total Sales], DaysElapsed)
RETURN
    DailyAverage * DaysInMonth

Generate a Power BI date table

Notes

This is a naive straight-line projection - it doesn't account for known seasonality within the month.

Requirements

A marked Date table and the Total Sales measure.

Builds on these measures

How to use this measure

In Power BI Desktop, select the table that should hold the measure and choose New measure on the ribbon.
Paste the code, then replace the placeholder table and column names with your own. The My table names fields above do this for you.
Run it through the DAX Formatter if you want it laid out in your team's style.

Related DAX measures

More DAX resources

Browse all 175 measures in the Power BI DAX Measures Library, or search the library for something similar to Run-Rate Forecast (Projected Month-End).