Companies often arbitrarily pick. In the US retailers often start the year in like April so they can get all their holiday season earnings in the same fiscal year
Companies can define what their fiscal year is to be whatever basically (unless the country they’re based in is super particular about accounting practices), just as long as it’s four quarters. I’ve worked in places where the calendar year lines up with their fiscal, a March fiscal year, and an October fiscal year.
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Isn’t next fiscal year in July?
Companies often arbitrarily pick. In the US retailers often start the year in like April so they can get all their holiday season earnings in the same fiscal year
Yes. What they’re basically saying is it is due for release between now and the end of June 2027.
Companies can define what their fiscal year is to be whatever basically (unless the country they’re based in is super particular about accounting practices), just as long as it’s four quarters. I’ve worked in places where the calendar year lines up with their fiscal, a March fiscal year, and an October fiscal year.
Next fiscal year after the next fiscal year coming.
So it’s like a Chinese new year thing? By that I mean not January.
Countries have different fiscal years! In New Zealand for example, the new fiscal year begins in April, and in Australia it begins in July.