Outrageously Funny Search Suggestion Engine :: Yday

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What is the definition of Yday? 🙋

👉 yday is a term used in the context of accounting to denote the day that a company reports its financial results for the previous fiscal year. It is typically calculated by subtracting the closing balance at the end of the fiscal year from the opening balance at the beginning of the fiscal year, and then dividing this difference by 365 days (12 months). This method helps in providing an accurate representation of a company's financial performance over time.


yday

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