Year to Date (YTD)
What it is:
How it works (Example):
Why it Matters:
Year-to-date information is useful in looking for trends or measuring performance against goals.
Comparing year-to-date information among companies with different fiscal-year start dates can distort an analysis: the time included may vary, and seasonal factors may become skewed. It is also important to remember that the extra day in leap years may distort year-to-date comparisons.