Keeping this in view, how do you calculate average sales per month?
Divide the current total by the total number of days in the month that have passed so far. Then multiply by the total number of days in the month.
One may also ask, what is the average function in Excel? The AVERAGE function calculates the average of numbers provided as arguments. To calculate the average, Excel adds the numbers together and divides by the total number of values supplied. AVERAGE can handle up to 255 individual arguments, which can include numbers, cell references, ranges, arrays, and constants.
Also to know is, how do I calculate average daily sales in Excel?
Use the average function to calculate the average daily sales for the period in question. For example, say that you have two months worth of sales data in cells B1 to B61. Type "=Average(B1:B61)" into the formula bar of a blank cell. The resulting number equals the average daily sales for the period.
What is a monthly average?
Monthly Averaging. The monthly average index value equals the sum of the monthly index values recorded each month over the course of the preceding contract year, divided by twelve.