Year-to-date (YTD) is a period, starting from the beginning of the current year (either the calendar year or fiscal year) and continuing up to the present day.[1]
Overviewedit
Year-to-date is used in many contexts, mainly for recording results of an activity in the time between a date (exclusive, since this day may not yet be "complete") and the beginning of the 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 that of past periods. Employees' income tax may be based on total earnings in the tax year to date.
YTD describes the return so far this year. For example: the year to date (ytd) return for the stock is 8%. This means from January 1 of the current year to date, stock has appreciated by 8%.
Another example: the year to date (ytd) rental income of a property (whose Fiscal Year End is March 31, 2009) is $1000 as of June 30, 2008. This means that the property brought in $1000 of rental income during the period April 1 through June 30, 2008 (= the ytd period for the property).
Comparing YTD measures can be misleading if not much of the year has occurred, or the date is not clear. YTD measures are more sensitive to early changes than late changes. Contrast YTD with the concept of 12-months-ending (or Year-ending), which are more resistant to seasonal influences.
Example: to calculate year-to-date Invoicing for a company, invoice totals for each previous month of the current year are added to total invoices for the current month to date.[2]
Exampleedit
Example: YTD Invoicing report for May 3
January Invoices-----$ 35,000 February Invoices---- 40,000 March Invoices------- 25,000 April Invoices------- 45,000 May Invoices--------- 5,000 _______ YTD Invoices 150,000
Alternate method:
1st quarter Invoices-----$ 100,000 April Invoices----------- 45,000 May Invoices------------- 5,000 _______ YTD Invoices 150,000
Tax due as of the end of week 33 of the tax year is calculated on total pay from the beginning of week 1 until the end of week 33; tax payable for that week will be this total tax minus tax already paid.
Quarter-To-Date (QTD) Month-To-Date (MTD) Year-ending Moving Annual Total (MAT)
Referencesedit
Look up year-to-date in Wiktionary, the free dictionary.
^"Year to Date (YTD) Definition & Example | Investing Answers". www.investinganswers.com. Retrieved 2017-05-10.
^Staff, Investopedia (2003-11-18). "Year To Date - YTD". Investopedia. Retrieved 2017-05-10.
January 01, 1970
year, date, period, starting, from, beginning, current, year, either, calendar, year, fiscal, year, continuing, present, overview, edit, used, many, contexts, mainly, recording, results, activity, time, between, date, exclusive, since, this, complete, beginnin. Year to date YTD is a period starting from the beginning of the current year either the calendar year or fiscal year and continuing up to the present day 1 Overview editYear to date is used in many contexts mainly for recording results of an activity in the time between a date exclusive since this day may not yet be complete and the beginning of the 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 that of past periods Employees income tax may be based on total earnings in the tax year to date YTD describes the return so far this year For example the year to date ytd return for the stock is 8 This means from January 1 of the current year to date stock has appreciated by 8 Another example the year to date ytd rental income of a property whose Fiscal Year End is March 31 2009 is 1000 as of June 30 2008 This means that the property brought in 1000 of rental income during the period April 1 through June 30 2008 the ytd period for the property 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 Example to calculate year to date Invoicing for a company invoice totals for each previous month of the current year are added to total invoices for the current month to date 2 Example editExample YTD Invoicing report for May 3 January Invoices 35 000 February Invoices 40 000 March Invoices 25 000 April Invoices 45 000 May Invoices 5 000 YTD Invoices 150 000 Alternate method 1st quarter Invoices 100 000 April Invoices 45 000 May Invoices 5 000 YTD Invoices 150 000 Tax due as of the end of week 33 of the tax year is calculated on total pay from the beginning of week 1 until the end of week 33 tax payable for that week will be this total tax minus tax already paid Quarter To Date QTD Month To Date MTD Year ending Moving Annual Total MAT References edit nbsp Look up year to date in Wiktionary the free dictionary Year to Date YTD Definition amp Example Investing Answers www investinganswers com Retrieved 2017 05 10 Staff Investopedia 2003 11 18 Year To Date YTD Investopedia Retrieved 2017 05 10 Retrieved from https en wikipedia org w index php title Year to date amp oldid 1217285954, wikipedia, wiki, book, books, library,
