Backlog

RECENT NEWS
Reuters  Jul 5  Comment 
New orders for U.S. factory goods fell in May on weak demand for transportation and defense capital goods, but growing order backlogs and lean inventories suggested the worst of the manufacturing downturn was probably over.
NPR  Jun 29  Comment 
A Department of Health and Human Services proposal and an increase in funding could reduce the backlog in appeals of denied Medicare claims by 2021, six years sooner than without the changes.
WA Business News  Jun 29  Comment 
In a report released today, Auditor General Colin Murphy has expressed concern that Main Roads still focuses on critical maintenance instead of preventive work, despite a recommendation to change tack in a review seven years ago.
New York Times  Jun 6  Comment 
In a year shortened by elections and national political conventions, lawmakers must tackle a pileup of legislation over Zika, drugs and the Pentagon.
Insurance Journal  Jun 6  Comment 
A court clerk said thousands of drivers across North Carolina have mistakenly lost their drivers’ licenses because the state Department of Motor Vehicles isn’t properly handling paperwork. The DMV for months failed to properly update when...




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This is the total value of sales orders that have not been completed.

This metric is commonly used in various Manufacturing industries to determine the value of incomplete or outstanding orders. Backlogs generally occur because of a shortage of labor and/or supplies.

Backlog is calculated by summing the sales price of all outstanding orders. For example, if Boeing can make one aircraft per day but receives an order for 4 planes priced at $1,000 each one day, its backlog at the end of the day will be $3,000 (3*$1,000).

An increasing backlog could mean that the company's sales are higher than usual or the company is experiencing production issues. A declining backlog could mean that the company's sales are decreasing or the company's production efficiency has improved.

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