MoM

Month over Month

A common method of comparing the performance of a business, product, or service over two consecutive months. It is a useful metric for tracking trends and changes in performance over time, and for identifying areas for improvement.

To calculate MoM, the performance metric for the current month is compared to the performance metric for the previous month. The difference between the two metrics is expressed as a percentage or a numerical value, which can be used to track changes in performance and identify trends.

MoM is a useful metric for businesses that experience seasonal fluctuations in performance, or for businesses that are trying to identify short-term changes in their performance. It can also be used to identify areas of the business that may be experiencing a decline in performance, and to take action to address these issues before they become more significant.

Overall, MoM is a valuable tool for businesses that are looking to track and improve their performance over time, and to stay competitive in their market. By using MoM to monitor their performance, businesses can identify trends, make data-driven decisions, and take action to drive business growth and success.

• Abbreviation: MoM