Calculate average daily sales from total sales and days in a period, or find total sales or number of days when one value is missing.
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Average Daily Sales Formula
The following formula is used to calculate the Average Daily Sales.
ADS = AIS * API
- Where ADS is the Average Daily Sales ($/day)
- AIS is the average number of items sold per day
- API is the average price per item ($/item)
To calculate the average daily sales, multiply the average number of items sold per day by the average price per item.
How to Calculate Average Daily Sales?
The following example problems outline how to calculate Average Daily Sales.
Example Problem #1:
- First, determine the average number of items sold per day.
- The average number of items sold per day is given as: 70.
- Next, determine the average price per item ($/item).
- The average price per item ($/item) is provided as: 30.
- Finally, calculate the Average Daily Sales using the equation above:
ADS = AIS * API
The values given above are inserted into the equation below:
ADS = 70 * 30 = 2,100.00 ($/day)
Example Problem #2:
For this problem, the variables needed are provided below:
average number of items sold per day = 80
average price per item ($/item) = 50
This example problem is a test of your knowledge on the subject. Use the calculator above to check your answer.
ADS = AIS * API = ?
