Hi Khalid,
thanks for your reply.
We are working on budgets for my company and I have prepared FOB / Shipment forecast based on the Opening Inventory, my shipment and Sales projections.
I have derived closing inventory for a month say for Mar 2017, as Feb Opening + Feb Goods in transit - Feb Sales = Mar Opening Inventory. As I have already calculated the projected sales (POS ) for each month, I need to see Mar 2017 opening inventory will be catering to how many months of Sales ..