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Cadence Design Systems (Cadence Design Systems) Order Backlog for Technology (USD Mil) : 6,000.00 (As of Dec. 2023)


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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.

Cadence Design Systems's Order Backlog for Technology (USD Mil) for the quarter that ended in Dec. 2023 was 6,000.00 , which higher from pervious quarter (Sep. 2023)'s result by 11.11%.

Cadence Design Systems's Order Backlog for Technology (USD Mil) for the annual that ended in Dec. 2023 was 6,000.00 , which higher from pervious year (Dec. 2022)'s result by 3.45%.

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:

CDNS'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.

* Premium members only.

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

Cadence Design Systems Annual Data
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Cadence Design SystemsQuarterly Data
Trend Mar20 Jun20 Sep20 Mar21 Jun21 Sep21 Mar22 Jun22 Sep22 Mar23 Jun23 Sep23 Dec23
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Competitive Comparison of Cadence Design Systems's Order Backlog for Technology (USD Mil)

For the Software - Application subindustry, Cadence Design Systems'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.


Cadence Design Systems  (NAS:CDNS) 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

Thank you for viewing the detailed overview of Cadence Design Systems's Order Backlog for Technology (USD Mil) provided by GuruFocus.com. Please click on the following links to see related term pages.


Cadence Design Systems (Cadence Design Systems) Business Description

Industry
Traded in Other Exchanges
Address
2655 Seely Avenue, Building 5, San Jose, CA, USA, 95134
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.
Executives
John M Wall officer: Sr. VP & CFO 2655 SEELY AVENUE, SAN JOSE CA 95134
Vincentelli Alberto Sangiovanni director
Karna Nisewaner officer: Corporate VP, General Counsel 2655 SEELY AVENUE, BUILDING 5, SAN JOSE CA 95134
Paul Cunningham officer: Sr. Vice President 2655 SEELY AVENUE, BUILDING 5, SAN JOSE CA 95134
Aneel Zaman officer: Sr. Vice President 2655 SEELY AVENUE, SAN JOSE CA 95134
Anirudh Devgan officer: Sr. Vice President of R&D 2655 SEELY AVENUE, SAN JOSE CA 95134
Chin-chi Teng officer: Sr. Vice President 2655 SEELY AVENUE, SAN JOSE CA 95134
Mark Adams director 834 TERRACE DRIVE, LOS ALTOS CA 94024
James D Plummer director 233 KANSAS STREET, EL SEGUNDO CA 90245
Thomas P Beckley officer: Sr. Vice President of R&D 2655 SEELY AVENUE, SAN JOSE CA 95134
Lip Bu Tan director ONE CALIFORNIA STREET 28TH FLOOR, SAN FRANCISCO CA 94111
Young Sohn director 1390 KIFER ROAD, SUNNYVALE CA 94086
John B Shoven director
Mary L Krakauer director 176 SOUTH STREET, HOPKINTON MA 01748
Surendra Babu Mandava officer: Sr. Vice President 47211 LAKEVIEW BLVD, FREMONT CA 94538