The duration of an item represented as months. 

Note: A month in this case is represented as 30.4 days (365/12). 

Type of Data Returned

Will return the number of months the item has for duration.

Examples

Increasing the value of the duration by a month

durnmnths + 31

Determining if an item is deemed “long” or “short” based upon its duration in months.

IF(durnmnths>12, “Long”, “Short”)