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Trailing Twelve Months.
Trailing Twelve Months.


A time period used in evaluating performance over time with respect to some variable relating to a defined unit - institution, government, country, customs union, company, body, brand, product, club, tax collector, outlet, salesman, etc.


A time period used in evaluating performance over time.


For example, TTM unit sales or sales revenue or profit measure or profitability ratio, or TTM income tax collected or spending by a government or tax office, TTM seizures of contraband by customs authorities or the TTM average number of seizures per customs officer, or TTM new members of the Association of Corporate Treasurers.
For example, TTM unit sales, sales revenue, profit measure or profitability ratio.


Many bodies report annual figures only annually. TTM performance measures, however, can be calculated each time the relevant figures are available. For investors in a firm, it will be when the firm reports - often quarterly or half-yearly. For insiders in a firm, commonly monthly accounts are produced, but some matters - unit sales, injury-causing accidents, for example - will be reported on more frequently.
 
Many smaller bodies report annual figures, only once per year.
 
Often for larger organisations, each time relevant figures are available for investors, it will be when the firm reports - often quarterly or half-yearly.
 
Within an organisation, commonly monthly accounts are produced, but some matters - unit sales, injury-causing accidents, for example - will be reported on more frequently.


As well as use in performance evaluation, TTM figures can also be useful in detecting irregularities such as fraud, false accounting, etc.
As well as use in performance evaluation, TTM figures can also be useful in detecting irregularities such as fraud, false accounting, etc.
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==See also==
==See also==
*[[Association of Corporate Treasurers]]
*[[Association of Corporate Treasurers]]
*[[False accounting]]
*[[Moving average]]
*[[Moving average]]



Latest revision as of 08:32, 3 March 2022

Trailing Twelve Months.


A time period used in evaluating performance over time.

For example, TTM unit sales, sales revenue, profit measure or profitability ratio.


Many smaller bodies report annual figures, only once per year.

Often for larger organisations, each time relevant figures are available for investors, it will be when the firm reports - often quarterly or half-yearly.

Within an organisation, commonly monthly accounts are produced, but some matters - unit sales, injury-causing accidents, for example - will be reported on more frequently.

As well as use in performance evaluation, TTM figures can also be useful in detecting irregularities such as fraud, false accounting, etc.


TTM figures are sometimes referred to as "moving annual" or "rolling annual" figures and may, for example, be expressed as "moving annual total" (abbreviated to MAT).


Also known as Last Twelve Months (LTM).


See also