preceding fiscal year

简明释义

上一财政年度

英英释义

例句

1.The audit report highlighted several discrepancies in the financial statements of the preceding fiscal year.

审计报告强调了前一个财年财务报表中的几个差异。

2.Our profit margins improved significantly when compared to the preceding fiscal year.

与前一个财年相比，我们的利润率显著改善。

3.We need to analyze the expenses from the preceding fiscal year to identify cost-saving opportunities.

我们需要分析前一个财年的支出，以识别节省成本的机会。

4.The company's revenue increased by 15% compared to the preceding fiscal year.

与前一个财年相比，公司收入增长了15%。

5.The marketing department's budget for this year is based on the performance metrics from the preceding fiscal year.

今年市场部门的预算是基于前一个财年的绩效指标。

作文

Understanding the concept of a company’s financial performance often involves analyzing various fiscal years. One term that frequently appears in financial reports is the preceding fiscal year. This phrase refers to the financial year immediately before the current one being reported on. It is crucial for stakeholders, such as investors and management, to compare the financial results of the current year with those of the preceding fiscal year to assess growth, profitability, and overall performance. For instance, if a company is reporting its financial results for 2023, the preceding fiscal year would be 2022. By examining the revenue, expenses, and net income figures from both years, analysts can identify trends and changes in the company’s financial health. This comparison helps in making informed decisions about future investments and strategies. Moreover, the preceding fiscal year serves as a benchmark for setting objectives and forecasting future performance. Companies often use data from the preceding fiscal year to establish realistic goals for the upcoming year. For example, if a business achieved $1 million in sales during the preceding fiscal year, it might set a target of increasing sales by 10% in the current year. This approach not only motivates employees but also provides a clear direction for the organization. In addition, understanding the context of the preceding fiscal year can provide insights into external factors that may have influenced the company’s performance. Economic conditions, market trends, and regulatory changes during the preceding fiscal year can dramatically impact a company's results. For example, if there was a recession during the preceding fiscal year, it might explain a decline in sales or profits. Conversely, if the economy was booming, it could account for significant growth. Furthermore, when companies prepare budgets and financial forecasts, they often analyze the preceding fiscal year to understand patterns in spending and revenue generation. This historical perspective allows for more accurate budgeting and resource allocation in the current fiscal year. For example, if a company noticed that marketing expenses in the preceding fiscal year led to substantial increases in customer acquisition, it might decide to allocate more budget towards marketing in the current year. In conclusion, the term preceding fiscal year is more than just a reference to the previous financial period; it is a vital component of financial analysis and strategic planning. By comparing the current year’s performance with that of the preceding fiscal year, stakeholders can gain valuable insights into the company’s trajectory and make informed decisions moving forward. Understanding this concept is essential for anyone involved in financial management, investment analysis, or business strategy. By appreciating the significance of the preceding fiscal year, individuals and organizations can better navigate the complexities of financial performance and drive future success.

理解公司财务表现的概念通常涉及分析各种财政年度。一个在财务报告中经常出现的术语是preceding fiscal year。这个短语指的是当前报告的财政年度之前的那个财政年度。利益相关者，例如投资者和管理层，比较当前年度与preceding fiscal year的财务结果，以评估增长、盈利能力和整体表现，这一点至关重要。例如，如果一家公司正在报告2023年的财务结果，那么preceding fiscal year就是2022年。通过检查两个年度的收入、支出和净收入数据，分析师可以识别趋势和公司财务健康状况的变化。这种比较有助于做出有关未来投资和战略的明智决策。此外，preceding fiscal year作为设定目标和预测未来表现的基准。公司通常使用preceding fiscal year的数据来为即将到来的年度设定现实的目标。例如，如果一家企业在preceding fiscal year实现了100万美元的销售额，它可能会设定在当前年度销售额增加10%的目标。这种方法不仅激励员工，还为组织提供了明确的方向。此外，了解preceding fiscal year的背景可以提供对影响公司表现的外部因素的见解。在preceding fiscal year期间的经济状况、市场趋势和监管变化可能会对公司的业绩产生重大影响。例如，如果在preceding fiscal year期间发生了经济衰退，这可能解释了销售或利润的下降。相反，如果经济繁荣，这可能解释了显著的增长。此外，当公司编制预算和财务预测时，他们通常会分析preceding fiscal year以了解支出和收入生成的模式。这种历史视角使得在当前财政年度进行更准确的预算和资源分配成为可能。例如，如果一家公司注意到在preceding fiscal year期间的营销支出导致客户获取的显著增加，它可能决定在当前年度分配更多的预算用于营销。总之，preceding fiscal year这个术语不仅仅是对上一个财务时期的引用；它是财务分析和战略规划的重要组成部分。通过将当前年度的表现与preceding fiscal year的表现进行比较，利益相关者可以获得对公司发展轨迹的宝贵见解，并做出明智的决策。理解这一概念对于任何参与财务管理、投资分析或商业战略的人来说都是至关重要的。通过欣赏preceding fiscal year的重要性，个人和组织可以更好地驾驭财务表现的复杂性并推动未来的成功。