Year-to-date - What does year to date mean?

Q: What does year to date mean?

Year to date (YTD) refers to the period of time beginning the first day of the current calendar year or fiscal year up to the current date. YTD information is useful for analyzing business trends over time or comparing performance data to competitors or peers in the same industry.

Answer

The present date is the most recent point in time measured from the beginning of the current calendar year or fiscal year, which is known as the year to date (YTD). You may use year-to-date statistics to compare your company's performance to that of your rivals or other companies in your sector, or to examine patterns over time.

Year-to-date - What does year to date mean?

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