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In contrast to Year-To-Date, the Year-Ending summaries give a better understanding performance by including the seasonal performance. For example, a sales figure for "Year Ending July 2006" would include the holiday sales from December 2005, while extrapolating from a July Year-To-Date sales figure would underestimate annual sales.
In contrast to Year-on-Year or Year Over Year figures, which compare similar periods during other years, (for example December 2004 to December 2005), Year-ending is less volatile and are directly comparable to annual figures.
Read more about this topic: Year-ending
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