What's Inside the Year-Wise Template?
Details | 2 Sheets
Supported Versions | Excel 2010, 2013, 2016, 2019, Office 365 (Mac)
Category | Data Analysis
Tags | YoY, Analytics, MoM,
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Inside Our Year-Wise
The heaviest hitting infomercials are the before and after weight loss photos. They make you believe and see the growth (or shrinkage) from time period A to time period B.
Those commercials show us how 1) cheesy they are and I’m so glad I rarely see them and 2) how comparing points over a certain period of time is a powerful and useful context.
Our Year Wise Analysis Excel Template is a handy financial tool for comparing two or more measurable events on an annual basis.
Even if you are not an Excel wizard, this is a very accessible template to help you evaluate your data.
Before we dive into how this template works, if you like comparing data you will also love our Pareto Diagram or Variance Analysis templates. They make it easy to identify where power laws exist and variances in data.
In the section titled Year of Year Analysis, input your annual measurable events by year. Your chart will automatically plot your Dataset, Growth and Growth Rate. Key stats will also generate below, like your Maximum Year over Year Gain, Maximum Year over Year Loss and Year over Year Accumulated Growth.
On the left side of the sheet is a section with the header Year over Year Comparison. In the table you can compare between two years in twelve month events. Simply, record measurable data for each month and the growth rate will magically appear.
This template serves broad use-case scenarios whether it be revenue, cost, fantasy football scoring, income, attendance, users and just about anything else that is measurable and over a period of time.
Visualizing that data in real-time with graphs and charts puts your datasets into perspective. Those visuals can be especially convincing if you are comparing something for work or to make an argument.