What is month to date ne demek?

"Month to date" (MTD) refers to the period of time between the first day of the current month and the present day. This term is often used in financial reporting to provide a snapshot of performance for a given month, as well as to track progress toward goals or targets. For example, a company might report its month-to-date sales figures to date to assess how well it is doing compared to its projections or competition. MTD data can also be used to make projections and forecast trends for the rest of the month.