Projected Sales Calculator

Formula

The formula to calculate projected sales is:

\[ MS = \left( \frac{CR}{D} \right) \times 30.5 \]

\[ YS = MS \times 12 \]

Where:

$MS$ is the Projected Monthly Sales Revenue (\$)
$YS$ is the Projected Yearly Sales Revenue (\$)
$CR$ is the Current Revenue (\$)
$D$ is the Number of Days

What are Projected Sales?

Projected sales are an estimate of the total sales a business will achieve in a time period given their current average amount of sales (typically given on a daily basis). This helps businesses plan for future growth, manage inventory, and set financial goals.

Example Calculation 1

Let's assume the following values:

Current Revenue ($CR$) = \$10,000
Number of Days ($D$) = 10 days

Using the formula:

\[ MS = \left( \frac{10000}{10} \right) \times 30.5 = 30500 \]

\[ YS = 30500 \times 12 = 366000 \]

The Projected Monthly Sales is \$30,500 and the Projected Yearly Sales is \$366,000.

Example Calculation 2

Let's assume the following values:

Current Revenue ($CR$) = \$15,000
Number of Days ($D$) = 15 days

Using the formula:

\[ MS = \left( \frac{15000}{15} \right) \times 30.5 = 30500 \]

\[ YS = 30500 \times 12 = 366000 \]

The Projected Monthly Sales is \$30,500 and the Projected Yearly Sales is \$366,000.