No, the term of the President of the United States begins at noon on 20 January.
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The twentieth amendment to the United States constitution states that the previous President's term shall end at noon on January 20, and the incumbent President's term begins at the same time.
AT NOON ON JANUARY 20TH
The Twentieth Amendment states: The terms of the President and Vice President shall end at noon on the 20th day of January...
Bill Clinton served two terms in office. His first term began on January 20, 1993, and his second term ended on January 20, 2001.
The 35th Vice President was Alben Barkley, who served from January 20, 1949 to January 20, 1953 during the elected (second) term of Harry Truman.