3243651 - Background job failed with error which indicating the date is not found in calendar

The background job is cancelled and following can be found in job log:

Rescheduling of periodic job failed. Three reasons are possible:
- Restriction (e.g. 'Omit job') with factory calendar PF critical
- Unable to load factory calendar PF or too many public holidays
- Period.job, scheduled for particular day in month, cannot find new date
Invalid start time displayed. Job chain ended.
Unable to find date in calendar. (Is the calendar correct?)
Job cancelled

SAP Netweaver release independent
SAP S/4HANA release independent

Factory calendar, Period.job, Invalid start time, SCAL , KBA , BC-SRV-ASF-CAL , Factory Cal., Holiday Cal., PC Calendar , BC-CCM-BTC-JOB , Job Scheduling and Monitoring , Problem