What is Methode Electronics 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.
Methode Electronics's Order Backlog for Technology (USD Mil) for the annual that ended in Apr. 2019 was 275.10
, which higher from pervious year (Apr. 2018)'s result by 10.39%.
The historical rank and industry rank for Methode Electronics's Order Backlog for Technology (USD Mil) or its related term are showing as below:
MEI'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.
Methode Electronics Order Backlog for Technology (USD Mil) Historical Data
The historical data trend for Methode Electronics'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.
Methode Electronics Order Backlog for Technology (USD Mil) Chart
Competitive Comparison of Methode Electronics's Order Backlog for Technology (USD Mil)
For the Electronic Components subindustry, Methode Electronics'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.
Methode Electronics (NYSE:MEI) 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.
Methode Electronics Order Backlog for Technology (USD Mil) Related Terms
Thank you for viewing the detailed overview of Methode Electronics's Order Backlog for Technology (USD Mil) provided by GuruFocus.com. Please click on the following links to see related term pages.
Methode Electronics (Methode Electronics) Business Description
Methode Electronics Inc makes component and subsystem devices employing electrical, radio remote control, electronic, wireless, and sensing technologies. The firm is organized in various business segments: Automotive, Industrial, interface and Medical. The Automotive segment supplies electronic and electro-mechanical devices and related products to automobile. The Industrial segment manufactures external lighting solutions, industrial safety radio remote controls, braided flexible cables and custom power-product assemblies. The Interface segment provides a variety of copper and fiber-optic interface and interface solutions. The Medical segment is made up of the Company's medical device business, Dabir Surfaces, its surface support technology aimed at pressure injury prevention.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
Portfolio Contest
MEI has been successfully added to your 