What I am trying to do
I am somewhat desperately trying to build an algorithm which converts financial figures from different companies from fiscal periods to calendar periods.
The problem
Fiscal periods often do not correspond to calendar periods, e.g. a company might report fiscal year 2011 revenues of 100 USD but its fiscal year does not end at the end of December 2011 but instead on September 2011. For instance, Apple's fiscal year ends end of September. Dell's fiscal year ends end of January and Intel's fiscal year ends end of December. For Apple and Dell, all fiscal quarter and fiscal half year ends are shifted as well.
In order to compare revenues or other financial metrics among these companies, I need to be able to convert each fiscal period into equivalent calendar periods. For instance, someone might ask, how much revenue each company generated in calendar year 2011.
In the case of Apple Corp., we would need to remove the revenues which have been generated in calendar period 2010, which would equal Apple's fourth quarter of FY2010 and add the first quarter of fiscal year 2012 (which ended December 2011).
What I have (data model)
My data model has the following attributes for each entity calendarPeriod and fiscalPeriod:
endYear (year in which the period ends)
endMonth (month number
1..12 at which last day the period ends)
length (number of months 1..12 of the period)
What I need (desperately)
What would be the most efficient and short algorithm I could accomplish this?
It would be great if the algorithm could handle "special situations" like Dell where it would need to take 1/3 of its fiscal first quarter, which ends awfully on January, of the following year and adding it to the last quarter of the preceding year. In addition the algorithm should be flexible enough to handle all period lengths and endMonths and try to combine periods if necessary (for instance for the first half of calendar year 2012, it should try to find a six month period which ends June 2012 or consecutively add two periods (one ending March 2012 and one ending June 2012 or taking a fiscal year which ends June 2012 and subtracting the quarters or half year which fall in calendar year 2011).
Thank you so much.
This is more of a financial question then technical question.
If you have end of year results only, there is no practical way you could compare unless they are for same financial period.
Further, if you somehow manage to get the monthly results and do some juggling to prepare comparable results, they will not be comparable as there are many accounting adjustments and provisions generally done in the end of year financial result and not in monthly results which you will miss here.
I would suggest that you should try to compare those results which yields more meaningful results.
Related
I want to format a date as follows: Y17W15, but there is no option to set the start of the year. However, there is no consistent way of calculating this. I cannot just subtract a month (other times I will need to show the month too), and I cannot just add 4 or 5 to the week field due to leap years, etc.
Our year starts on a Saturday that is closest to December 1. This means if November 30 is on a Saturday, the Fiscal Year will start on November 30.
Currently what I have is below, which works fine except it shows Y17W10. The easiest option in my head is to have a way to actually set the start of a fiscal year, but if I have to go through a bunch of if statements it's okay as long as it works.
MsgBox(Format(Now, """Y""yy""W""mm"""))
Thanks for your time!
I am aware that: Given a 4-5-4 calendar and a date, how do I determine what fiscal week that date falls in? exists but I am looking for an answer that isn't as hard-coded.
Michael
I am brand new to Oracle. I have figured out most of what I need but one field is driving me absolutely crazy. Seems like it should be simple but I think my brain is fried and I just can't get my head around it. I am trying to produce a Sales report. I am doing all kinds of crazy things based on the Invoice Date. The last thing I need to do is to be able to create a Week Number so I can report on weekly sales year vs year. For purposes of this report my fiscal year starts exactly on December 1 (regardless of day of week it falls on) every year. For example, Dec 1-7 will be week 1, etc. I can get the week number using various functions but all of them are based on either calendar year or ISO weeks. How can I easily generate a field that will give me the number of the week since December 1? Thanks so much for your help.
Forget about the default week number formats as that won't work for this specific requirement. I'd probably subtract the previous 1 December from invoice date and divide that by 7. Round down, add 1 and you should be fine.
select floor(
(
trunc(invoiceDate) -
case
-- if December is current month, than use 1st of this month
when to_char(invoiceDate, 'MM') = '12' then trunc(invoiceDate, 'MM')
-- else, use 1st December of previous year
else add_months(trunc(invoiceDate, 'YYYY'), -1)
end
) / 7
) + 1
from dual;
I am using excel 2013 powerpivot which I have linked to a sql query. In this query I have all sales data from previous years and it updates itself with the current sales. I want to make a pivottable showing year to date sales from this year compared to the same period last year. So for example from Jan.1st 2015 until July 10th of 2015 compared to Jan.1st 2014 until July 10th 2014.
I linked my sales data table with a calendar table. But whatever I try, parallelperiod, sameperiodlastyear, totalytd, it always shows me the correct data for this year, but the full year sales of last year. Can anyone recommend me what to try?
thanks,
Frank
The TOTALYTD (and other time intelligence functions) will look for the highest date in whichever context you give it, so when you try to tell it to go back 12 months from now it thinks "OK, I'm in 2014" I'll get ALL the data from 2014 and calculate a TOTALYTD. So you have to ignore the built-in functions and build your own:
=CALCULATE(sum(Table1[sales]),DATESBETWEEN(DateDim[Date], FIRSTDATE(DATEADD(DateDim[Date],-12,MONTH)), LASTDATE(DATEADD(Table1[Date],-12,MONTH))))
So long as you have a slicer or a field on your table that picks up the year, then that should work.
Edit: Having tested with a data sample, again DAX is trying to be too clever and because I have told it to go back 12 MONTHS, it assumes I want ALL data from the month context which is including everything from July last year.
Going back 365 days fixes this (as long as it's not a problem for leap years).
=CALCULATE(sum(Table1[sales]),DATESBETWEEN(DateDim[Date], FIRSTDATE(DATEADD(DateDim[Date],-12,MONTH)), LASTDATE(DATEADD(Table1[Date],-365,DAY))))
I have tried your way, but it does not yet give me the correct answer. Let me show you what I have right now.
For current year sale I have the following Dax formula
=TOTALYTD(sum(Omzetgegevens[NettoOmzet]); Kalender[Calender date])
For the previous year sale I have:
=CALCULATE((SUM(Omzetgegevens[NettoOmzet])); SAMEPERIODLASTYEAR(DATESYTD(Kalender[Calender date])))
To test your solution I have called "test ytd":
=CALCULATE(SUM(Omzetgegevens[NettoOmzet]); DATESBETWEEN(Kalender[Calender date]; FIRSTDATE(DATEADD(Kalender[Calender date];-12; MONTH)); LASTDATE(DATEADD(Kalender[Calender date]; -365; DAY))))
If I run the pivottable now, the result I get is:
2015
current year ytd last year ytd test ytd
januari 28.912 34.487 34.487
februari 50.301 66.003 31.516
maart 73.362 92.647 26.644
april 99.561 117.853 25.205
mei 128.021 149.108 31.255
juni 149.706 174.076 24.968
juli 158.297 205.438 31.362
augustus 158.297 231.693 26.255
september 158.297 254.534 22.841
oktober 158.297 282.484 27.951
november 158.297 303.808 21.324
december 158.297 313.208 9.400
Total 158.297 313.208 313.208
What I would like to see is the following. As this report was run on the 14th of july 2015. I want to see all sales for 2015 until this date and all the sales for 2014 until july 14th 2014.
If it is not possible to see the months, I am also fine with only a total number for current ytd and last year ytd
2015
current year ytd last year ytd
januari 28.912 34.487
februari 50.301 66.003
maart 73.362 92.647
april 99.561 117.853
mei 128.021 149.108
juni 149.706 174.076
juli 158.297 175.312(so not full month of july in 2014)
Total 158.297 175.312
Recently had a similar issue. Current context confuse a lot and did not return the result we think should be returned. Play with DATEADD to go back and forth in combination with any of the date/time function. You will get the result and the context will also be clear.
I need help with this code. Right now this is looking at calendar year quarters, but I would like to modify it to look at fiscal year quarters.
Function test(time)
Quarter = Format(time, "YYYYq")
For vRow = 2 To 1000
report_time = Format(Sheets("data").Range("A" & vRow).Value, "YYYYq")
Assessment = Sheets("data").Range("V" & vRow).Value
If (report_time = Quarter) Then
denominator = denominator + 1
If (Assessment= 1) Then
numerator = numerator + 1
End If
End If
Next
If denominator > 0 Then
test = numerator / denominator
Else
test = 0
End If
End Function
I would appreciate your time and suggestions regarding the same.
Since I have more data to type and there's no enough space in the comments.
In terms of financial reporting you will have fiscal, calendar & actual. So please verify,
if you are working with any data vendor to get fiscal year data.
if you are planning to do any calendarization to the data? e.g. Turn fiscal year data into a calendar year data...etc
if you are going to compare fiscal year data of one company to another
Or you are trying to simply code a fiscal quarters from any fiscal year entered by a user without any calendarizing?
So if you want your code to be generic to all fiscal year/semi-annuals/quarters that a user chooses, then you need a pretty robus logic. ;) Because Apple US fiscal year that ends in September is not as same as BHP AU in June..
It's inevitable for fiscal year to have a life span from one calendar year to another if fiscal year Q4 doesn't tally with Calendar year Q4 which is December. Most painful level is when your fiscal quarters do not fall into a Calendar quarter. Where Fiscal year ends in odd months... E.g. WallMart US with January 31. Usually some European or British stocks seems to have this nature. So you have to validate each month in that case.
I did a calendarized tool sometime back. So if you can clarify your requirements clearly, happy to help.
Greetings SQL gurus,
I don't know if you can help me, but I will try. I have several large databases grouped by year (each year in a different database). I want to be able to compare values from a particular week from one year to the next. For example, "show me week 17 of 2008 vs. week 17 of 2002."
I have the following definition of weeks that ideally I would use:
Only 52 weeks each year and 7 days a week (that only takes 364 days),
The first day of the first week starts from January 2nd - which means we do not use January 1st data, and
In leap year, the first day of the first week ALSO starts from the January 2nd plus we skip Feb. 29.
Any ideas?
Thanks in advance.
Best to avoid creating a table because then you have to update and maintain it to get your queries to work.
DatePart('ww',[myDate]) will give you the week number. You may run into some issues though deciding which week belongs to which year - for example if Jan 1 2003 is on Wednesday does the week belong as week 52 in 2002 or week 1 in 2003? Your accounting department will have a day of the week that is your end of week (usually Sat). I usually just pick the year that has the most days in it. DatePart will always count the first week as 1 and in the case of the example above the last week as 53. You may not care that much either way. You can create queries for each year
SELECT DatePart('ww',[myDate]) as WeekNumber,myYearTable.* as WeekNumber
FROM myYearTable
and then join the queries to get your data. You'll loose a couple days at the end of the year if one table has 52 weeks and one has 53 (most will show as 53). Or you can do it by your weekending day - this always gives you Saturday which would push a late week into the following year.
(7-Weekday([myDate]))+[myDate]
then
DatePart('ww',(7-Weekday([myDate]))+[myDate])
Hope that helps
To get the week number
'to get the week number in the year
select datepart( week, datefield)
'to get the week number in the month
select (datepart(dd,datefield) -1 ) / 7 + 1
You don't need to complicate things thinking about leap years, etc. Just compare weeks mon to sun
SInce you havea a specifc defintion of when the week starts that is differnt that the standard used by the db, I think a weeks table is the solution to your problem. For each year create a table that defines the dates contained in each week and the week number. Then by joining to that table as well as the relevant other tables, you can ask for just the data for week 17.
Table structure
Date Week
20090102 1
20090103 1
etc.
I needed to create a query that shows BOTH year AND week numbers, like 2014-52. The year shows correct when you use the Datepart() formula to convert week 53 to week 52 in the previous year, but shows the wrong year for the week that was week 1 previously that should be week 52 now. It show that week as 2015-52 instead of 2014-52.
Furthermore, it sorts the data wrong if you only use only the week number, eg:
2014-1,2014-11,2014-2
To overcome this I created the following query to insert a 0 and also to check for days in week 1 that should still fall under week 52.
ActualWeek: IIf(DatePart("ww",[SomeDate],1,3)=52 And DatePart("ww",[SomeDate])=1, DatePart("yyyy",[SomeDate],1,3)-1,DatePart("yyyy",[SomeDate],1,3)) & "-" & IIf(DatePart("ww",[SomeDate],1,3)<10,"0" & DatePart("ww",[SomeDate],1,3),DatePart("ww",[SomeDate],1,3))