Re: Reg Date/Time function

Thank you Steve for the information.

Thanks,
Sandeep Segu.

On Tue, Aug 1, 2017 at 2:04 PM, Steve Crawford <
scrawford(at)pinpointresearch(dot)com> wrote:

> Per the docs, justify_days is to "Adjust interval so 30-day time periods
> are represented as months" so 360 days = 12 months = 1 year so 365 days is
> 1-year 5-days.
>
> There are all sorts of oddities and special assumptions regarding
> date/time calculations made even more complicated by the need to support
> special use-cases such as 30/360 financial coupon factor calculations
> (every month is 30-days and years have 360 days).
>
> Cheers,
> Steve
>
>
> On Mon, Jul 31, 2017 at 5:30 PM, <segu(dot)sandeep(at)gmail(dot)com> wrote:
>
>> The following documentation comment has been logged on the website:
>>
>> Page: https://www.postgresql.org/docs/8.2/static/functions-datetime.html
>> Description:
>>
>> Hi,
>> I am going through PostgreSQL, for the first day. And it was great till
>> now.
>> One quick question/doubt regarding the function
>> &quot;justify_days(interval)&quot;
>>
>> select justify_days(interval &#39;365 days&#39;);
>>
>> this statement returns 1 year 5 days, whereas I feel it should be just 1
>> year.
>>
>> Please correct me if I am wrong.. Thanks for all your time.
>>
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>
>