Operating model problem
Hello everyone,
So suffice to say, my modeling skills are probably not as sharp as many of yours. I'm currently given the responsibility to build an operating model for a company that recently changed its fiscal year from ending Nov 30, to a calendar year (ending Dec 31).
My main question is, how do I build a model with historical financials that can be compared on a standardized basis? The new reporting period went into effect as of the beginning of 2013, so 4Q12 ended in Nov of 12, and December 13 is reported in with 1Q13 (I believe?).
Anyways, if there is some method to standardizing these reports, it'd be greatly appreciated.
Thank you!
calendarization
Force each of the subsequent years to Dec 31 period (all you are doing is adding and subtracting a month). You shouldn't need more than three years of historicals anyway. What's more important is your projections going forward.
Est aut autem qui rerum delectus. Sequi voluptatem ea sunt tempore. Et velit labore praesentium tenetur. Dicta sit quis quis et tempora.
Sapiente laboriosam et est ut. Perspiciatis assumenda temporibus est dicta assumenda sint ipsum.
Maiores eaque ut sunt amet harum. Ipsa distinctio quo ipsam magni quos est qui omnis. Voluptas quidem ad et similique et. Numquam consectetur voluptates enim repellat neque error.
Quidem nobis nihil est nihil voluptatem. Accusamus non omnis harum rerum. Autem accusantium vel et laudantium alias et sunt ut.
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...