Calendar Year
What is a Calendar Year?
A calendar year is the period between January 1 and December 31.
How Does a Calendar Year Work?
If Company XYZ starts its fiscal year on January 1 and ends its fiscal year on December 31, then Company XYZ's fiscal year is said to be on a calendar year basis. Many companies align their fiscal years with the calendar year, but some don't. For example, Company ABC might start its fiscal year on October 1 and end on September 30.
Why Does a Calendar Year Matter?
It is important for investors to know whether a company uses a calendar year or another period for their fiscal year, especially when comparing companies in seasonal industries.
Personalized Financial Plans for an Uncertain Market
In today’s uncertain market, investors are looking for answers to help them grow and protect their savings. So we partnered with Vanguard Advisers -- one of the most trusted names in finance -- to offer you a financial plan built to withstand a variety of market and economic conditions. A Vanguard advisor will craft your customized plan and then manage your savings, giving you more confidence to help you meet your goals. Click here to get started.