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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.
Fortive's Order Backlog for Technology (USD Mil) for the annual that ended in Dec. 2019 was 1,214.00 , which lower from pervious year (Dec. 2018)'s result by 0.82%.
The historical rank and industry rank for Fortive's Order Backlog for Technology (USD Mil) or its related term are showing as below:
The historical data trend for Fortive'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.
For the Scientific & Technical Instruments subindustry, Fortive'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.
Fortive (NYSE:FTV) 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.
Thank you for viewing the detailed overview of Fortive's Order Backlog for Technology (USD Mil) provided by GuruFocus.com. Please click on the following links to see related term pages.
Eric Branderiz | director | 915 DEGUIGNE DRIVE, PO BOX 3453, SUNNYVALE CA 94088-3453 |
Tamara S. Newcombe | officer: President & CEO of PT | 6920 SEAWAY BLVD., EVERETT WA 98203 |
Wright Iii Lassiter | director | 500 PLAZA DRIVE, C/O QUEST DIAGNOSTICS, SECAUCUS NJ 07094 |
Olumide Soroye | officer: President & CEO of IOS | 6920 SEAWAY BLVD., EVERETT WA 98203 |
Edward Read Simmons | officer: SVP - Strategy | 6920 SEAWAY BLVD, EVERETT WA 98203 |
Rejji P Hayes | director | ONE ENERGY PLAZA, JACKSON MI 49201 |
Sharmistha Dubey | director | 8750 NORTH CENTRAL EXPRESSWAY SUITE 1400, DALLAS TX 75231 |
Christopher M. Mulhall | officer: VP - Chief Accounting Officer | C/O FORTIVE CORPORATION, 6920 SEAWAY BLVD, EVERETT WA 98203 |
Jeannine P Sargent | director | C/O VEECO INSTRUMENTS INC., 100 SUNNYSIDE BOULEVARD SUITE B, WOODBURY NY 11797 |
Barbara B. Hulit | officer: Senior Vice President | C/O FORTIVE CORPORATION, 6920 SEAWAY BLVD, EVERETT WA 98203 |
Emily A. Weaver | officer: VP-Chief Accounting Officer | C/O FORTIVE CORPORATION, 6920 SEAWAY BOULEVARD, EVERETT WA 98203 |
Charles E Mclaughlin | officer: SVP - Chief Financial Officer | C/O FORTIVE CORPORATION, 6920 SEAWAY BOULEVARD, EVERETT WA 98203 |
Patrick K Murphy | officer: Senior Vice President | C/O FORTIVE CORPORATION, 6920 SEAWAY BOULEVARD, EVERETT WA 98203 |
Jonathan L Schwarz | officer: VP-Corporate Development | C/O FORTIVE CORPORATION, 6920 SEAWAY BOULEVARD, EVERETT WA 98203 |
William W Pringle | officer: Senior Vice President | C/O FORTIVE CORPORATION, 6920 SEAWAY BOULEVARD, EVERETT WA 98203 |
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