In IB, is it more standard to be using calendar years (Jan-Dec) or fiscal year (October 1, 2017 through September 30, 2018) when you are referring to common stats (eg. EBITDA or EV/EBITDA) and usage in a model?
When building DCFs and such, should I be using the Fiscal or calendar year? I see the 10-K are all in fiscal year, should then I be using October 1, 2017 through September 30, 2018 under the "2018" year for FCFF calculation?
thank you
| +269 | BOFA ALREADY TRYING TO COVER UP THEIR TRACKS | 22 | 18m | |
| +151 | Investment Banking US League Table YTD 2024 (FactSet) | 84 | 11h | |
| +143 | Big Layoff at Barclays - 5/1/24 | 81 | 17m | |
| +87 | “Americans just work harder” | 53 | 1d | |
| +83 | Would comitting to ATL İB be stupid? Please give feedback. | 45 | 3d | |
| +69 | Sleeping on Jefferies??? | 33 | 2h | |
| +66 | A shitter's comprehensive guide to sophomore year recruiting | 7 | 22h | |
| +59 | NEED NY RESTAURANT RECOMMENDATIONS | 38 | 3d | |
| +58 | What's up with RBC nowadays? | 24 | 21h | |
| +50 | 5-Step (Borderline Psycho) Pre-Superday Routine I Used to Land Every IB Internship Offer | 4 | 2d |
Career Resources
Get instant access to lessons taught by experienced private equity pros and bulge bracket investment bankers including financial statement modeling, DCF, M&A, LBO, Comps and Excel Modeling.
Yes. You would usually specify the period and then label it FY17, FY18 etc. The numbers used would then be 1. oct17-30sept18.
so do most people use fiscal year (FY)? how do you decide which one to use?
Consequatur est dolores nesciunt expedita quod fuga ipsa. Laboriosam et consequatur aperiam eos. Amet necessitatibus autem exercitationem quae alias soluta autem. Eveniet hic eveniet exercitationem quo veritatis eius est.
Quia voluptas itaque non laudantium sed. Quos est dolor aut quibusdam sit excepturi. Et deserunt placeat laudantium enim et nobis. Et suscipit optio dolor aut. Maiores vitae nobis qui repellat eos veniam. Vitae expedita veniam modi et sit.
Excepturi eaque odio sunt illum quam similique repudiandae et. Ipsum aut corrupti autem deleniti odit voluptas.
See All Comments - 100% Free
WSO depends on everyone being able to pitch in when they know something. Unlock with your email and get bonus: 6 financial modeling lessons free ($199 value)
or Unlock with your social account...