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Novanta (MEX:NOVT) Book to Bill Ratio : 0.00 (As of . 20)


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What is Novanta Book to Bill Ratio?

Book to Bill Ratio is the ratio of orders received to units billed for a specified period.

The historical rank and industry rank for Novanta's Book to Bill Ratio or its related term are showing as below:

MEX:NOVT's Book to Bill Ratio is not ranked *
in the Hardware industry.
Industry Median:
* Ranked among companies with meaningful Book to Bill Ratio only.

Novanta Book to Bill Ratio Historical Data

The historical data trend for Novanta's Book to Bill Ratio 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.

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Novanta Book to Bill Ratio Chart


Novanta  (MEX:NOVT) Book to Bill Ratio Calculation

Book to Bill Ratio is calculated as

Book to Bill Ratio=Orders Received / Orders Shipped

* 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.

Novanta  (MEX:NOVT) Book to Bill Ratio Explanation

The book-to-bill ratio is the ratio of orders received to units shipped and billed for a specified period, generally a month or quarter. It is a widely used metric in the technology industry, specifically in the semiconductor equipment sector. The book-to-bill ratio reveals how quickly a business fulfills the demand for its products.

Investors and analysts closely watch this ratio for an indication of the performance and outlook for individual companies and the technology sector as a whole. A ratio above 1.0 implies more orders were received than filled, indicating strong demand, while a ratio below 1.0 implies weaker demand.

Novanta Book to Bill Ratio Related Terms

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Novanta (MEX:NOVT) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Novanta Inc (MEX:NOVT) » Definitions » Book to Bill Ratio
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Traded in Other Exchanges
NOVT:USA 0VAG:UK
Address
125 Middlesex Turnpike, Bedford, MA, USA, 01730
Website
https://www.novanta.com
Novanta Inc manufactures photonic and motion-control components for original equipment manufacturers in the medical equipment and industrial technology markets. The firm operates in three segments: photonics, vision, and precision motion. The photonics segment, which sells photonics-based products that include carbon dioxide lasers, laser scanning, super-resolution imaging lasers, and laser beam delivery items. The vision segment sells medical-grade technologies, including visualization solutions, imaging informatics products, and thermal printers contributing the majority of revenue. The precision motion segment sells optical encoders, motion control technology, and precision machined components. The firm generates the majority of its revenue from the United States and Europe.