Year-To-Date is a period starting January 1 of the current year and ending today.
Year-to-date is used in many contexts, mainly for recording results of an activity in the time between today's date and the
beginning of either the calendar or fiscal
year.
In the context of finance, YTD is often provided in financial statements detailing the performance of a business
entity. Providing current YTD results, as well as YTD results for one or more past years as of the same date, allows
owners, managers, investors, and other stakeholders to compare the company's current performance to past periods'.
YTD describes the return so far this year. For example: the year to date (ytd) return for the stock is 8%. This means from 1st
of January of current year to date, stock has appreciated by 8%. Comparing YTD measures can be misleading if not much of the year
has occurred, or the date is not clear. YTD measures are more sensitive to early changes than late changes Contrast YTD with the
concept of 12-months-ending (or Year-ending), which are more resistant to seasonal
influences.
See also Month-To-Date (MTD), Year-ending
External links
This entry is from Wikipedia, the leading user-contributed encyclopedia. It may not have been reviewed by professional editors (see full disclaimer)
