Month-to-date: Difference between revisions
Month to Date may arbitrarily contain dates through the current date or the last business date. |
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'''Month-to-date''' ('''MTD''') is a period starting at the beginning of the current calendar month and ending on either the current date or the last business day before the current date. Month-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 current month. |
'''Month-to-date''' ('''MTD''') is a period starting at the beginning of the current calendar month and ending on either the current date or the last business day before the current date. Month-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 current month. |
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In the context of finance, MTD is often provided in financial statements detailing the performance of a business entity. Providing current MTD results, as well as MTD results for one or more past months as of the same date, allows owners, managers, investors, and other stakeholders to compare the company's current performance to that of past periods. |
In the context of finance, MTD is often provided in financial statements detailing the performance of a business entity. Providing current MTD results,<ref>{{Cite web |last=Pound |first=Samantha Subin,Jesse |title=Dow closes lower on Monday, but still posts best month since 1976 |url=https://kpmg.com/sg/en/home.html |access-date=2023-10-07 |website=CNBC |language=en}}</ref> as well as MTD results for one or more past months as of the same date, allows owners, managers, investors, and other stakeholders to compare the company's current performance to that of past periods. |
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MTD describes the return so far this month. For example: the month to date return for the stock is 8%. This means from the beginning of the current month until the current date, stock has appreciated by 8%. |
MTD describes the return so far this month. For example: the month to date return for the stock is 8%. This means from the beginning of the current month until the current date, the stock has appreciated by 8%.<ref>{{Cite web |last=Nikhilesh |date=2016-08-24 |title=Generate Month to Date using SQL |url=https://helicaltech.com/month-to-date-report-sql/ |access-date=2023-10-07 |website=Helical IT Solutions Pvt Ltd |language=en-US}}</ref> |
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Comparing MTD measures can be misleading if not much of the month has occurred, or the date is not clear. MTD measures are more sensitive to early changes than late changes. |
Comparing MTD measures can be misleading if not much of the month has occurred, or the date is not clear. MTD measures are more sensitive to early changes than late changes. |
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* [[Year-ending]] |
* [[Year-ending]] |
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* [[Moving annual total]] (MAT) |
* [[Moving annual total]] (MAT) |
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== References == |
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<references /> |
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==External links== |
==External links== |
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Revision as of 11:43, 7 October 2023
Month-to-date (MTD) is a period starting at the beginning of the current calendar month and ending on either the current date or the last business day before the current date. Month-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 current month.
In the context of finance, MTD is often provided in financial statements detailing the performance of a business entity. Providing current MTD results,[1] as well as MTD results for one or more past months as of the same date, allows owners, managers, investors, and other stakeholders to compare the company's current performance to that of past periods.
MTD describes the return so far this month. For example: the month to date return for the stock is 8%. This means from the beginning of the current month until the current date, the stock has appreciated by 8%.[2]
Comparing MTD measures can be misleading if not much of the month has occurred, or the date is not clear. MTD measures are more sensitive to early changes than late changes.
See also
- Year-to-date (YTD)
- Quarter-to-date (QTD)
- Year-ending
- Moving annual total (MAT)
References
- ^ Pound, Samantha Subin,Jesse. "Dow closes lower on Monday, but still posts best month since 1976". CNBC. Retrieved 2023-10-07.
{{cite web}}: CS1 maint: multiple names: authors list (link) - ^ Nikhilesh (2016-08-24). "Generate Month to Date using SQL". Helical IT Solutions Pvt Ltd. Retrieved 2023-10-07.
External links
- Yamabara
- https://www.investopedia.com/terms/y/ytd.asp#toc-month-to-date-vs-year-to-date
- https://www.sisense.com/blog/calculate-mtd-qtd-ytd/#mtd
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