Calendar/Fiscal Year Models and Multiples
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
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?
Accusantium in nihil harum error. Molestias temporibus fuga beatae voluptate quia. Est quae odio ut laudantium molestiae rerum voluptates. Enim adipisci sed qui aut consequatur delectus officiis. Porro voluptatem nostrum sint aperiam voluptatum quos atque.
Dolores velit soluta dolorum iusto voluptatem nemo. Dolor est et illum exercitationem cupiditate architecto. Consequatur ab aut doloremque quia maiores rerum assumenda eaque. Aut vero ut velit perspiciatis. Dolorem amet et rem consequatur doloremque a impedit ab. Deserunt perferendis reprehenderit maiores qui et amet omnis.
Corporis pariatur accusamus dolores. Laudantium modi corrupti similique ut dolores consequatur.
Ea eum possimus nulla nihil ut odio. Expedita nostrum molestias aperiam exercitationem.
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...