What is the YTD amount?

The YTD amount is a calculation that helps finance, accounting, and management professionals determine the evolution of various relevant metrics from the start of the fiscal or calendar year until the current date or until another specified day before the end of the respective period.

What is year-to-date (YTD)?

Year-to-date refers to a specific period that starts on the first day of the fiscal or calendar year and ends at the current date or a specified date before the end of the year. You can use YTD calculations for financial reporting, analyzing business trends and comparing data.

What is the difference between YTD and fiscal year?

When the term YTD is used in relation to a calendar year, it refers to the exact time between January 1 of the current year and the present date. When a fiscal year is mentioned using the term YTD, it refers to the time from the start of that particular fiscal year till the present.

Why is YTD financial information important?

YTD financial information is useful for management as it is a good way to check in on the financial health of a company on an interim basis rather than waiting until the end of the fiscal year. YTD return refers to the amount of profit made by an investment since the first day of the current year.