Determining the average sales per day over a month is crucial for evaluating business performance and making informed decisions. This article will guide you through a simple method to calculate the average daily sales using an embedded Excel sheet.
Determine the Average Sales Per Day Over a Month
To find the average sales per day, follow these steps:
- Input the daily sales for a month.
- Use the embedded Excel sheet to calculate the average automatically.
Example
Here’s an example table with sales for each day of the month:
| Day | Sales ($) |
|---|---|
| 1 | 1000 |
| 2 | 1200 |
| 3 | 1100 |
| 4 | 1500 |
| 5 | 1600 |
| 6 | 1300 |
| 7 | 1700 |
| 8 | 1800 |
| 9 | 1900 |
| 10 | 2000 |
| 11 | 2100 |
| 12 | 2200 |
| 13 | 2300 |
| 14 | 2400 |
| 15 | 2500 |
| 16 | 2600 |
| 17 | 2700 |
| 18 | 2800 |
| 19 | 2900 |
| 20 | 3000 |
| 21 | 3100 |
| 22 | 3200 |
| 23 | 3300 |
| 24 | 3400 |
| 25 | 3500 |
| 26 | 3600 |
| 27 | 3700 |
| 28 | 3800 |
| 29 | 3900 |
| 30 | 4000 |
| 31 | 4100 |
Exercise
Use the built-in AVERAGE function to calculate the average sales.
Solution
After filling in the sales data, the embedded Excel sheet will automatically calculate the average sales per day. Here’s what happened:
- Each day's sales data was entered into the corresponding cell.
- The average function in Excel summed these sales figures and divided by the number of days to provide the average daily sales.
By using this method, you can easily track and calculate the average sales per day for any month.