what is a "calendar year"?

[kcthomas]

...

 

[DeviousTrap]

jan 1st to dec 31st

Unless you have a calendar that starts on March 22nd?

 

[DnetMHZ]

Originally posted by: DeviousTrap
jan 1st to dec 31st

Unless you have a calendar that starts on March 22nd?

 

[Lord Evermore]

As much as I hate the trendy factor, you can find anything there.

 

[BooGiMaN]

umm why would you pick this date plus 365?

is there a significance to march 22 that im not aware of?

 

[Lord Evermore]

I believe he just meant "does it just mean 365 days starting from whatever day you use the phrase". Not necessarily THIS day.

 

[Mday]

Originally posted by: kcthomas
...

calendar year is date to date next year -1. So, one calendar year starting today, effectively ends March 21, 2007. It is 365 days, or 366 if it's a leap year.

 

[Lord Evermore]

Originally posted by: Mday

Originally posted by: kcthomas
...

calendar year is date to date next year -1. So, one calendar year starting today, effectively ends March 21, 2007. It is 365 days, or 366 if it's a leap year.

See I thought that's what it meant, every financial report or anything else official always mentions calendar years that way. But I don't see the point -- is one year not a year if you don't specify that we're using the common calendar? Or is it just a paranoid, lawyer-age thing where they have to specify it in case somebody says "I thought you meant 365 days not 366" after a leap year and they do something stupid on the last day of it.

 

[imported_LoKe]

+1 for Jan 1 -> Dec 31.

 

[GeekDrew]

Originally posted by: Lord Evermore

Originally posted by: Mday

Originally posted by: kcthomas
...

calendar year is date to date next year -1. So, one calendar year starting today, effectively ends March 21, 2007. It is 365 days, or 366 if it's a leap year.

See I thought that's what it meant, every financial report or anything else official always mentions calendar years that way. But I don't see the point -- is one year not a year if you don't specify that we're using the common calendar? Or is it just a paranoid, lawyer-age thing where they have to specify it in case somebody says "I thought you meant 365 days not 366" after a leap year and they do something stupid on the last day of it.

... they do? Have I been asleep thus far in thinking that "calendar year" meant Jan 1 - Dec 31 of referenced year? That's how I've always thought it was used. There are fiscal years, which vary by reference, there are school years, there are effective years... hrmmmm.

 

[YetioDoom]

Originally posted by: Lord Evermore

Originally posted by: Mday

Originally posted by: kcthomas
...

calendar year is date to date next year -1. So, one calendar year starting today, effectively ends March 21, 2007. It is 365 days, or 366 if it's a leap year.

See I thought that's what it meant, every financial report or anything else official always mentions calendar years that way. But I don't see the point -- is one year not a year if you don't specify that we're using the common calendar? Or is it just a paranoid, lawyer-age thing where they have to specify it in case somebody says "I thought you meant 365 days not 366" after a leap year and they do something stupid on the last day of it.

I think you're mis-reading the report. A calendar year is Jan. 1st - Dec. 31st.

 

[Lord Evermore]

According to them, a calendar year is any year that ends on December 31st...which...I thought they all did...technically. But they do compare it to the term fiscal year. It still seems like a silly definition.

Well Google can't seem to find any references to it being used in any way other than Jan 1st to Dec 31st. Maybe I'm just misremembering.

The usage I think is to denote that you're referring to the FULL upcoming year, rather than to the remaining part of the current year plus a portion of the upcoming year. I guess just saying "a year" is assumed to mean starting from the current day, while a calendar year means the full next year of the calendar, and then other things like a fiscal year vary depending on who you're talking to.

 

[Oscar1613]

Originally posted by: YetioDoom

Originally posted by: Lord Evermore

Originally posted by: Mday

Originally posted by: kcthomas
...

calendar year is date to date next year -1. So, one calendar year starting today, effectively ends March 21, 2007. It is 365 days, or 366 if it's a leap year.

See I thought that's what it meant, every financial report or anything else official always mentions calendar years that way. But I don't see the point -- is one year not a year if you don't specify that we're using the common calendar? Or is it just a paranoid, lawyer-age thing where they have to specify it in case somebody says "I thought you meant 365 days not 366" after a leap year and they do something stupid on the last day of it.

I think you're mis-reading the report. A calendar year is Jan. 1st - Dec. 31st.

right... the other way is YTD (year to date)

 

[spidey07]

you always have to differentiate between calendar year, fiscal year and year to date.

Calendar year = JAN 1 to DEC31.
Year to date = JAN 1 to date

Fiscal year depends on their schedule.