YOY (Year over year) - Business concept of the day

YOY (Year over year) - Business concept of the day

Business Development

GlobalLinker Staff

GlobalLinker Staff

3 Aug 2018, 14:20 — 1 min read

Definition: Year over year (YOY) is a method of evaluating two or more measured events to compare the results at one time period with those of a comparable time period on an annualised basis. 


Example:
The YOY financials for 2018 as compared to 2017 showed a 20% increase in the firm’s revenue.

 

Business Insight - A YOY analysis of a firm’s financials are often used to measure how well a firm is progressing.

 

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