To track stock quotes, their dynamics and predict price movements, as well as to carry out financial reporting for the company, it is necessary to calculate and select time intervals. For calculations, financiers use special time intervals for specific dates or periods, for example, monthly, quarterly or semi-annual reports.
Often a dynamically changing time interval is used, which starts from the first of January of the current year. This interval is called YEAR TO DATE or YTD for short. Let's take a closer look at what it is and how it is applied.
Year to Date starts from the beginning of the year and continues to the present. Those. its right time boundary changes. YTD is used in many financial contexts, mainly to record the results of activities between a date (this date is excluded because today is not complete) and the beginning of the year.
In the context of year-to-date finance, financial statements often provide detailed information about a company's performance. Providing current year-to-date results, as well as year-to-date results for one or more past years on the same date, allows owners, managers, investors, and other stakeholders to compare a company's current results with those of past periods. Employee income tax can be based on total income in the tax year to date.
YTD describes the return of scores relative to a given year. For example: since the beginning of the year, the return on shares is 8%. This means that from January 1 of this year to date, the shares have risen by 8%.
As another example, real estate rental income for the year to date (year-to-date) (where the end of the fiscal year is December 31, 2008) is $1,000 as of March 30, 2009. This means that the property generated $1,000 in rental income between January 1 and March 30, 2009 (year-to-date).
Comparison of indicators from the beginning of the year can be misleading if the year has just begun or the control date has not been determined. Year-to-date indicators are more sensitive to early changes than to late ones.
Example: To calculate the current invoicing for a company, the total invoices for each previous month of the current year are added to the total invoices for the current month to date.
With YTD, you can explore the behavior of stock prices.
| Value by month | 2017, growth | 2017 YTD, growth |
| January | 1% | 1% |
| February | 2% | 3% |
| March | -1% | 2% |
| April | 2% | 4% |
| May | 2% | 6% |
| June | -6% | 0% |
| July | -8% | -8% |
| August | 4% | -4% |
| September | 3% | -1% |
| October | 3% | 2% |
| November | -1% | 1% |
| December | 6% | 7% |
In this way, YTD can show the monthly movement of stock prices, as well as the annual increase or decrease in value.
Let's say company A sells brand B. We analyze the monthly quantity of goods sold over two years. Using the calculated YTD indicator, you can assess the strength of the trend and the growth or fall in demand for a product. An example is shown in the table.
| Sales, by month | 2017, Qty | 2018, Qty | 2017 YTD, Qty | 2018 YTD, Qty | YoY growth, % |
| January | 50 000 | 60 000 | 50 000 | 60 000 | 20% |
| February | 45 000 | 55 000 | 95 000 | 115 000 | 21% |
| March | 45 000 | 65 000 | 140 000 | 180 000 | 28% |
| April | 55 000 | 65 000 | 195 000 | 245 000 | 26% |
| May | 50 000 | 60 000 | 245 000 | 305 000 | 24% |
| June | 55 000 | 70 000 | 300 000 | 375 000 | 25% |
| July | 60 000 | 75 000 | 360 000 | 450 000 | 25% |
| August | 55 000 | 65 000 | 415 000 | 515 000 | 24% |
| September | 65 000 | 75 000 | 480 000 | 590 000 | 23% |
| October | 60 000 | 75 000 | 540 000 | 665 000 | 23% |
| November | 60 000 | 80 000 | 600 000 | 745 000 | 24% |
| December | 70 000 | 85 000 | 670 000 | 830 000 | 24% |
This example shows that the minimum growth was observed at the beginning of 2019 (20-21%), and the maximum growth in March was 28%. The average growth of YTD compared to the previous year was 24%. Therefore, with the help of YTD, you can adjust the plan, monitor its implementation, analyze supply and demand, and the possible amount of goods that will be needed for the next year.
Year to Date allows you to:
The YTD indicator can be found in various stock charts (stocks, bonds, funds, etc.) or financial statements (companies or countries).
If there is a comparison with a period from previous years, then it is important to compare YTD indicators date to date or month to month. For example, YTD for April 2020 can be correctly compared with the same indicator for April 2021.
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