Backlog

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Flightglobal  Jul 13  Comment 
Boeing on 13 July cancelled the last of three orders for the passenger-carrying 747-8I that once belonged to defunct Russian carrier Transaero.
Forbes  Jul 10  Comment 
Many U.S. immigrants are caught up in a backlog, or by so-called 'retrogression,' awaiting their turn to become permanent residents. This is particularly painful for Chinese investors in the EB -5 line up. This article proposes a solution for such...
GenEng News  Jun 30  Comment 
The FDA has unveiled a plan to eliminate its backlog of requests for orphan drug designations by September 21, then respond to all new designation requests within 90 days of receipt—actions the agency said would bring more such treatments to...




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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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