| ▲ | what 41 minutes ago |
| > annualized revenue > trailing 28 days multiplied by 13 I’m not aware of a year that has 13 months of 28 days? Why would you ever calculate it this way? |
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| ▲ | Anon1096 29 minutes ago | parent | next [-] |
| 28 days is 4 weeks, so you don't get fewer or more weekend days arbitrarily. Used very commonly in some industries for financial reporting and also dashboards for software engineers. |
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| ▲ | adgjlsfhk1 38 minutes ago | parent | prev | next [-] |
| 28*13=364. Months are different sizes so month*12 would be an over-estimate |
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| ▲ | what 36 minutes ago | parent [-] | | Don’t be stupid. They don’t use the same calculation for subscriptions, there they do 12 months. Only for consumption spending they come up with 13 months of 28 days. They could have just done 30 days for 12 months if they were concerned about over estimating. Guarantee 28 x 13 gives better number than 31 x 12. | | |
| ▲ | sdenton4 17 minutes ago | parent [-] | | The year with 372 days has lower daily consumption spending than the year with 364 days... What are you even. | | |
| ▲ | what a minute ago | parent [-] | | Um what? You seem confused, they didn’t measure a year with 372 or even 364 days. They measured 28 days. And it’s almost a certainty that taking the average spend over the last 28 days and multiplying by 13 is higher than taking the average spend over the last 31 days and multiplying by 12. |
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| ▲ | lgfrbcsgo 34 minutes ago | parent | prev [-] |
| The year has 52 weeks. 28 days is 4 weeks. 13*4=52 |
