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Let's break down the YoY analysis step by step. There were 506 units sold in Q3 2018 and 327 units sold in Q3 2017. To compare the two, we take 506 and divide it by 327, then subtract one. The result shows a 55% increase in units sold on a year over year basis between Q3-2018 and Q3-2017.
Subtract last year's number from this year's number. That gives you the total difference for the year. If it's positive, it indicates a year-over-year gain, not a loss. For example, this year you sold 115 paintings.
Select one cell in your data set. Insert, Pivot Table, OK. In the Portable Field List, choose Date and Revenue. At this point, the Row Labels heading is selected. Choose Group Field. In the Portable Field List, drag Years from the Row Labels drop zone to the Column Labels drop zone.
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0:21 1:31 Suggested clip How to Compare Two Things Using Columns on Microsoft Word YouTubeStart of suggested client of suggested clip How to Compare Two Things Using Columns on Microsoft Word
Take your current month's growth number and subtract the same measure realized 12 months before. Next, take the difference and divide it by the prior year's total number. Multiply it by 100 to convert this growth rate into a percentage rate.
Year-over-year (YOY) is the comparison of one period with the same period from the previous year. The period is typically a month or quarter. For example, fourth quarter of 2017 compared to fourth quarter of 2018. YOY measures your business's performance.
A year-over-year calculation compares a statistic for one period to the same period the previous year. The period is for a month or quarter basis. The year-over-year growth rate calculates the percentage change during the past twelve months. Year-over-year (YOY) is an effective way of looking at growth for two reasons.
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