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.
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”)