Forward Due Date Calculator

Formula

The formula to calculate the Forward Due Date (F) is:

\[ F = S + D \]

Where:

Forward Due Date (F): A future date calculated by adding a specified number of days to a given starting date, known as the spot date. This calculation is commonly used in various financial and business contexts to determine deadlines, maturity dates, or other important future dates based on an initial reference date. The forward due date helps in planning and scheduling tasks, payments, or events that need to occur after a certain period from the starting date.

Let's say the spot date (S) is 2024-08-15 and the number of days (D) is 30. Using the formula:

\[ F = 2024-08-15 + 30 = 2024-09-14 \]

So, the forward due date (F) is 2024-09-14.