Quarter On Quarter
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Quarter-on-quarter or quarter-over-quarter, abbreviated as QOQ is a
term of art Jargon, or technical language, is the specialized terminology associated with a particular field or area of activity. Jargon is normally employed in a particular communicative context and may not be well understood outside that context. The conte ...
in
accounting Accounting, also known as accountancy, is the process of recording and processing information about economic entity, economic entities, such as businesses and corporations. Accounting measures the results of an organization's economic activit ...
,
finance Finance refers to monetary resources and to the study and Academic discipline, discipline of money, currency, assets and Liability (financial accounting), liabilities. As a subject of study, is a field of Business administration, Business Admin ...
and
economics Economics () is a behavioral science that studies the Production (economics), production, distribution (economics), distribution, and Consumption (economics), consumption of goods and services. Economics focuses on the behaviour and interac ...
. It may refer to a comparison of data in the current quarter to the same data in the previous quarter. For example, if the volume of sales was 105 units in 2019Q2, 100 units in 2020Q1, and 102 units in 2020Q2, then the sale volume has increased in 2020Q2 quarter-over-quarter (i.e., comparing it to 2020Q1), but it has decreased year-over-year (i.e., comparing it to 2019Q2). The term also applies to a comparison of data in a period of the current quarter to the same period in the previous quarter. For example, the comparison of sales in April (i.e., the first month of Q2) to sales in January would be a quarter-over-quarter comparison. It is sometimes abbreviated as q/q.


See also

* year-over-year


References

{{reflist Accounting terminology Financial reporting