Quarter-to-date QTD is a time interval that captures all relevant company activity that occurred between the beginning of the current quarter and the point at which the data was gathered later in the quarter. Quarter-to-date information is typically gathered in situations when the entire quarterly period has not yet ended, and it can allow management to see how the quarter is shaping up. In financial parlance, a quarter refers to a three-month period during a fiscal year. Because there are 12 months in a year, there are four quarters: first quarter Q1 , second quarter Q2 , third quarter Q3 , and fourth quarter Q4. To determine how a company is performing during a given quarter, management may want to pull up data from the beginning of the quarter for a certain area to gauge how it has performed thus far. Depending on the result, the QTD information helps management make a decision to either stay on course, as the company is on track, or to adjust course because they are going to miss their target number. QTD information allows management to investigate why a certain metric is not on target and to correct the issue. This is particularly useful when comparing the same periods to prior fiscal years or to other quarters. All information must be clean and free of errors. A QTD analysis is most effective towards the end of the quarter, as there is more meaningful data available to assess the quality of results.
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