Use the right reporting period

Follow these steps

1. 01

   Identify the statement type

   Revenue, expenses, and net income cover a period. Balance-sheet accounts are measured as of a date.

2. 02

   Choose the comparison window

   When comparing current and prior figures, use equivalent periods, such as full-year to full-year.

3. 03

   Check days in period

   Cash conversion metrics use a number of days to convert balances into day-based measures. Confirm it matches the data.

4. 04

   Review imported dates

   Inspect date and period metadata if the app prompts you to confirm mismatched inputs.

5. 05

   Interpret with care

   A quarterly profit margin and annual balance-sheet amounts may be combined for some ratios only with documented assumptions.

What to do next

Use the result to ask a specific business question, then verify the figures and assumptions before acting. If a label or control has moved, refer to the current app interface.