Daily Point 2080 - Year To Date (YTD)

 

The Banking Tutor

Daily Point 2080

Year To Date (YTD) 

Year to date (YTD) refers to the period beginning on 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. The acronym is often seen in references to investment returns, earnings, and net pay. 

YTD analysis is useful for managers when reviewing interim financial statements in comparison to historical YTD financial statements.

Sekhar Pariti

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