Book Image

DAX Cookbook

By : Greg Deckler
Book Image

DAX Cookbook

By: Greg Deckler

Overview of this book

DAX provides an extra edge by extracting key information from the data that is already present in your model. Filled with examples of practical, real-world calculations geared toward business metrics and key performance indicators, this cookbook features solutions that you can apply for your own business analysis needs. You'll learn to write various DAX expressions and functions to understand how DAX queries work. The book also covers sections on dates, time, and duration to help you deal with working days, time zones, and shifts. You'll then discover how to manipulate text and numbers to create dynamic titles and ranks, and deal with measure totals. Later, you'll explore common business metrics for finance, customers, employees, and projects. The book will also show you how to implement common industry metrics such as days of supply, mean time between failure, order cycle time and overall equipment effectiveness. In the concluding chapters, you'll learn to apply statistical formulas for covariance, kurtosis, and skewness. Finally, you'll explore advanced DAX patterns for interpolation, inverse aggregators, inverse slicers, and even forecasting with a deseasonalized correlation coefficient. By the end of this book, you'll have the skills you need to use DAX's functionality and flexibility in business intelligence and data analytics.
Table of Contents (15 chapters)

Fashioning the market share and relative market share

The market share is the percentage of an economic market or industry that's accounted for by a specific business. The market share can be based on units or revenue. The relative market share compares a business' market share with that of the largest competitor within the market or industry. Both of these metrics are important financial measures for businesses since a market or industry is generally viewed as an equity pie divided between businesses that operate (the sale of goods and services) within that market or industry. Businesses with a larger market share have greater potential profit than those with less market share. In addition, businesses that are increasing their market share are effectively winning in the market by taking market share from their competitors.

This recipe demonstrates how to calculate the...