Comment by marcogorelli
2 days ago
Could you show how you write "calculate a monthly sum anchored on the last business day of the month" in pandas please?
2 days ago
Could you show how you write "calculate a monthly sum anchored on the last business day of the month" in pandas please?
Not OP.
But I'm guessing it's something like this:
import pandas as pd
def calculate_monthly_business_sum(df, date_column, value_column):
# Example usage:
df = pd.DataFrame({ 'date': ['2024-01-01', '2024-01-31', '2024-02-29'], 'amount': [100, 200, 300] })
result = calculate_monthly_business_sum(df, 'date', 'amount')
print(result)
Which you can run here => https://python-fiddle.com/examples/pandas?checkpoint=1732114...
It's actually much simpler than that. Assuming the index of the dataframe DF is composed of timestamps (which is normal for timeseries):
df.resample("BME").sum()
Done. One line of code and it is quite obvious what it is doing - with perhaps the small exception of BME, but if you want max readability you could do:
df.resample(pd.offsets.BusinessMonthEnd()).sum()
This is why people use pandas.
A bit from memory as in transit, but something like df.groupby(df[date_col]+pd.offsets.MonthEnd(0))[agg_col].sum()
Answered the child comment but let me copy paste here too. It's literally one (short) line:
> df.resample("BME").sum()
Assuming `df` is a dataframe (ie table) indexed by a timestamp index, which is usual for timeseries analysis.
"BME" stands for BusinessMonthEnd, which you can type out if you want the code to be easier to read by someone not familiar with pandas.
This one liner example is one of the reason why some people use pandas and some people despise it.
It so easy for my analyst team because of daily uses but my developers probavly will never thought/know BME and decided to implement the code again.