Calculating Inventory Over Time
I am trying to compute inventory levels over time based on invoices. The invoices give me the relevant data of:
- Quantity coming in and date
- Quantity going out and date
In the Excel world, I would have just made a list of dates and done a SUMIFS function. What is the equivalent in the DOMO World? Thanks for your time!
Best Answer
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I found a solution outside of using SQL. You just use a running total bar graph of the difference between in and out.
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Answers
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Hi,
Something in the line of the folllowing Beastmode should help you (if i uderstand your question).
SUM (CASE WHEN Quantity_Coming_In > 0 THEN Quantity_Coming_In
WHEN Quantity_Coming_Out > 0 THEN Quantity_Coming_Out * -1 END)
This could have to be adjusted to your data reality.
Say somethinh if you need more help.
Regards,
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That for some reason doesn't seem to capture beginning inventory in a relevant time period. Harkening back to the old accounting days:
Beginning Inventory
+ Additions
- Subtractions
------------------------
Ending Inventory
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That is because you are just suming values from your invoices based on your card date filters.
You have to take the beginig inventory into account or do a reverse calc from the end inventory if you have.
I think this would be easier to do in a Dataflow.
Hope this helps
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