Cadence Design Systems (FRA:CDS) Order Backlog for Technology (USD Mil) : 0.00 (As of . 20)

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What is Cadence Design Systems 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.

The historical rank and industry rank for Cadence Design Systems's Order Backlog for Technology (USD Mil) or its related term are showing as below:

FRA:CDS's Order Backlog for Technology (USD Mil) is not ranked ^*
in the Software industry.
Industry Median:
* Ranked among companies with meaningful Order Backlog for Technology (USD Mil) only.

Cadence Design Systems Order Backlog for Technology (USD Mil) Historical Data

The historical data trend for Cadence Design Systems'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.

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Cadence Design Systems Order Backlog for Technology (USD Mil) Chart

Cadence Design Systems (FRA:CDS) 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.

Cadence Design Systems Order Backlog for Technology (USD Mil) Related Terms

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Cadence Design Systems (FRA:CDS) Business Description

Industry

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Address

2655 Seely Avenue, Building 5, San Jose, CA, USA, 95134

Website

https://www.cadence.com

Cadence Design Systems is a provider of electronic design automation software, intellectual property, and system design and analysis products. EDA software automates the chip design process, enhancing design accuracy, productivity, and complexity in a full-flow end-to-end solution. Cadence offers a portfolio of design IP, as well as system design and analysis products, which enable system-level analysis and verification solutions. Cadence's comprehensive portfolio is benefiting from a mutual convergence of semiconductor companies moving up-stack toward systems-like companies, and systems companies moving down-stack toward in-house semiconductor design. The resulting expansion in EDA customers, alongside secular digitalization of various end markets, benefits EDA vendors like Cadence.

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