what is quarter to date qtd 
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 understanding quarter to date qtd 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 for example a company may have a target revenue of 5 million for the quarter the end of the quarter is still one month away and management would like to see the quarter to date revenue to determine if they are on track to meet the 5 million target 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 quarter to date data analysismany companies spend a great deal of time preparing their quarter to date reports all information must be clean and free of errors appropriately used accurate and timely qtd reporting can help a company take action on improving its performance 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 that being said needed changes are more impactful earlier in the quarter as there is more time to effect change management must find a balance between the two a qtd analysis is typically only for internal use rather than for external use because the securities and exchange commission sec does not require companies to report information before a quarter has ended qtd information is a tool for management to determine the progress of the business as such there are not many qtd comparisons between companies because management may pull information at different times within a quarter that being said final quarterly results are very much comparable between companies 