What is YOY

Financen31429 Jun, 2021Other

A year over year is simply a means of calculating and comparing one period to the other period. It is basically referred to as financial comparison as it is done for a financial year by the companies to check their progress and where they stand today as compared to the previous year. Moreover, the comparison can also be made for a specific fixed time period say, monthly, quarterly, bi-annually, or annually, etc.