YOY (Year over year) - Business concept of the day
Business Development
330 week ago — 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.
Posted by
GlobalLinker StaffWe are a team of experienced industry professionals committed to sharing our knowledge and skills with small & medium enterprises.
Network with SMEs mentioned in this article
View GlobalLinker 's profile
Most read this week
Comments (1)
Please login or Register to join the discussion