Orbit International (Orbit International) Order Backlog for Technology (USD Mil) : 19.44 (As of Dec. 2022)

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What is Orbit International 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.

Orbit International's Order Backlog for Technology (USD Mil) for the quarter that ended in Dec. 2022 was 19.44 , which higher from pervious quarter (Sep. 2022)'s result by 16.76%.

Orbit International's Order Backlog for Technology (USD Mil) for the annual that ended in Dec. 2022 was 19.44 , which higher from pervious year (Dec. 2021)'s result by 35.39%.

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

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

Orbit International Order Backlog for Technology (USD Mil) Historical Data

The historical data trend for Orbit International'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.

Orbit International Order Backlog for Technology (USD Mil) Chart

Orbit International Annual Data

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Orbit InternationalQuarterly Data

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Order Backlog for Technology (USD Mil)

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Orbit International (OTCPK:ORBT) 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.

Orbit International Order Backlog for Technology (USD Mil) Related Terms

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Orbit International (Orbit International) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Orbit International Corp (OTCPK:ORBT) » Definitions » Order Backlog for Technology (USD Mil)

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Traded in Other Exchanges

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Address

80 Cabot Court, Hauppauge, NY, USA, 11788

Website

https://www.orbitintl.com

Orbit International Corp is a U.S based company engaged in offering mission-critical hardware, software, and integrated systems. It operates through two segments: the Electronics Group and the Power Group. The company designs and manufactures subsystems and components for contractors, government procurement agencies (both foreign and domestic), and research and development laboratories across the world.

Executives