What is Park Aerospace Order Backlog for Technology (USD Mil)?
Backlog of orders refers to the quantity and combined monetary value of the products which have been ordered by customers but which have not shipped yet.
Park Aerospace's Order Backlog for Technology (USD Mil) for the quarter that ended in Feb. 2021 was 21.33
, which higher from pervious quarter (Feb. 2020)'s result by 12.63%.
Park Aerospace's Order Backlog for Technology (USD Mil) for the annual that ended in Feb. 2023 was 29.04
, which higher from pervious year (Feb. 2022)'s result by 12.13%.
The historical rank and industry rank for Park Aerospace's Order Backlog for Technology (USD Mil) or its related term are showing as below:
PKE's Order Backlog for Technology (USD Mil) is not ranked *
in the Aerospace & Defense industry.
Industry Median: * Ranked among companies with meaningful Order Backlog for Technology (USD Mil) only.
Park Aerospace Order Backlog for Technology (USD Mil) Historical Data
The historical data trend for Park Aerospace's Order Backlog for Technology (USD Mil) can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
* Premium members only.
Park Aerospace Order Backlog for Technology (USD Mil) Chart
Competitive Comparison of Park Aerospace's Order Backlog for Technology (USD Mil)
For the Aerospace & Defense subindustry, Park Aerospace's Order Backlog for Technology (USD Mil), along with its competitors' market caps and Order Backlog for Technology (USD Mil) data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Park Aerospace (NYSE:PKE) Order Backlog for Technology (USD Mil) Explanation
The term backlog refers to a buildup of work that has not yet been completed by the company. The presence of a backlog can have positive or negative implications. For example, a rising backlog of product orders might indicate rising sales. On the other hand, companies generally want to avoid having a backlog as it could cause (or be a result of) increasing inefficiency in the production process. Likewise, a falling backlog might be a sign of lagging demand but could also be a result of improving production efficiency. Naturally, unexpected backlogs can compromise forecasts and production schedules.
Park Aerospace Order Backlog for Technology (USD Mil) Related Terms
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Park Aerospace (Park Aerospace) Business Description
Park Aerospace Corp designs develop and manufactures engineered, Advanced composite materials and composite structures and assemblies and low-volume tooling for the aerospace markets and prototype tooling for such structures and assemblies. It only operating business segments is Aerospace. Geographically, the company derives a majority of revenue from North America and also has a presence in a company operates its business in Asia and Europe. It offers Advanced Composite Prepregs for Aircraft Structures and Interiors, Sigma Strut and Alpha Strut.
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