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For example, many retailers use a fiscal quarter ending Jan. 31, instead of Dec. 31, to close the books on the complete holiday spending season. The federal government uses a fiscal year from Oct ...
Information for the final quarter of a firm's fiscal year is included in the 10-K, so only three 10-Q filings are made each year. These reports generally compare last quarter to the current quarter and last year's quarter to this year's quarter. The SEC put this form in place to facilitate better informed investors.
For example, if the fiscal year end month is August, the company's year end could fall on any date from August 25 to August 31. In particular, the last fiscal week is the one that includes August 25 and the first fiscal week of the following year is the one that includes September 1. In this scenario, fiscal years would end on the following days:
Quarter-to-date (QTD) is a period starting at the beginning of the current quarter and ending at the current date.Quarter-to-date is used in many contexts, mainly for recording results of an activity in the time between a date (exclusive, since this day may not yet be “complete”) and the beginning of either the calendar or fiscal quarter.
Year-to-date is used in various contexts to record the results of an activity from the beginning of the year up to the present day. This period excludes the current day if it is not yet complete. In finance, YTD figures are often included in financial statements to detail the performance of a business entity.
Tidewater Reports Third Quarter Results For Fiscal 2013 NEW ORLEANS--(BUSINESS WIRE)-- Tidewater Inc. (NYS: TDW) announced today third quarter earnings for the period ended December 31, 2012, of ...
Accenture Reports Fourth-Quarter and Full-Year Fiscal 2012 Results, With Record Annual Revenues, EPS, Operating Margin, Free Cash Flow and New Bookings - Fourth-quarter revenues increase 2% in U.S ...
The end of the fiscal year would move one day earlier on the calendar each year (two days in leap years) until it would otherwise reach the date seven days before the end of the month (August 24 in this case). At that point it resets to the end of the month (August 31) and the fiscal year has 53 weeks instead of 52.