What is Faro Technologies 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.
Faro Technologies's Order Backlog for Technology (USD Mil) for the quarter that ended in Dec. 2023 was 28.20
, which lower from pervious quarter (Dec. 2022)'s result by 5.69%.
Faro Technologies's Order Backlog for Technology (USD Mil) for the annual that ended in Dec. 2023 was 28.20
, which lower from pervious year (Dec. 2022)'s result by 5.69%.
The historical rank and industry rank for Faro Technologies's Order Backlog for Technology (USD Mil) or its related term are showing as below:
FARO's Order Backlog for Technology (USD Mil) is not ranked *
in the Hardware industry.
Industry Median: * Ranked among companies with meaningful Order Backlog for Technology (USD Mil) only.
Faro Technologies Order Backlog for Technology (USD Mil) Historical Data
The historical data trend for Faro Technologies'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.
Faro Technologies Order Backlog for Technology (USD Mil) Chart
Competitive Comparison of Faro Technologies's Order Backlog for Technology (USD Mil)
For the Scientific & Technical Instruments subindustry, Faro Technologies'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.
Faro Technologies (NAS:FARO) 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.
Faro Technologies Order Backlog for Technology (USD Mil) Related Terms
Thank you for viewing the detailed overview of Faro Technologies's Order Backlog for Technology (USD Mil) provided by GuruFocus.com. Please click on the following links to see related term pages.
Faro Technologies (Faro Technologies) Business Description
Faro Technologies Inc is a global technology company. It designs, develops, manufactures, markets and supports software-driven, three-dimensional (3-D) measurement, imaging, and realization solutions for the 3D metrology, architecture, engineering and construction (AEC), Operations and Maintenance (O&M) and public safety analytics markets. The company enables its customers to capture, measure, manipulate, interact with and share 3D and 2D data from the physical world in a virtual environment and then translate the information back into the physical domain. FARO suite of 3D products and software solutions are used for the inspection of components and assemblies, rapid prototyping, reverse engineering, documenting large volumes or structures in 3D, surveying, and construction.
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