1st, 2nd, 3rd, and 4th quarter?

[MovieFreak]

When studio's talk about "quarter" releases are they talking about breaking up a year into four parts (i.e. Jan, Feb, Mar, Apr) as first quarter?

[crazyBLUE]

Originally Posted by MovieFreak

When studio's talk about "quarter" releases are they talking about breaking up a year into four parts (i.e. Jan, Feb, Mar, Apr) as first quarter?

A Quarter would be 3 months

1st. ~ Jan. - Feb. - Mar.
2nd. ~ Apr. - May - Jun.

[Stephie_is_a_dork]

Originally Posted by crazyBLUE

A Quarter would be 3 months

1st. ~ Jan. - Feb. - Mar.
2nd. ~ Apr. - May - Jun.

Actually, I believe they go by FISCAL years, not calendar years for some reason.

Q1 = April May June
Q2 = July August September
Q3 = October November December
Q4 = January February March

[Rob71]

Originally Posted by Stephie_is_a_dork

Actually, I believe they go by FISCAL years, not calendar years for some reason.

Q1 = April May June
Q2 = July August September
Q3 = October November December
Q4 = January February March

Only when they're talking money. Q4 is Oct, Nov, Dec. Of course there's also the Q5 that begins in Jan.

[toef]

As others have said, it depends on the context used, but referring to a quarter could mean either a calendar quarter, or a fiscal quarter. When giving release dates for movies and games, they most likely mean calendar year quarters. But if they are mentioning a release date in their financial report to shareholders, they might be referring to the fiscal quarter.

Using a fiscal year allows a company to close up their books and do all their sort of year-end work whenever it's easiest for them. That's why a lot of retail companies choose to set up a fiscal year that ends sometime after Christmas, so that they don't need to spend the end of December closing out their books, and can instead wait until a less busy time (March, April, whenever) to do that. Colleges end their fiscal years in the summer, when it's less busy, and ski resorts probably do the same.

[Anthony P]

for movies (and most things none financial) it is calendar year, if they want to do a hybrid then Q1 of the next calendar year will be called Q5 (i.e. fiscal year= q2 -> q5)

[jono_0101]

Originally Posted by Stephie_is_a_dork

Actually, I believe they go by FISCAL years, not calendar years for some reason.

Q1 = April May June
Q2 = July August September
Q3 = October November December
Q4 = January February March

with businesses, youre right they are talking about their fiscal year, but that will vary depending on the company, a lot of companies just go with the calendar year as their fiscal year, but some choose to set their own date for the beginning of their fiscal year, they just list it on their financial reports

as far as studios releasing movies, which is what this sounds like, im pretty sure they just use the calendar year, since its not common knowledge or listed with release dates when each studio's fiscal year begins