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Heico (HEI.A) Backlog for Aerospace Defense (USD Mil) : 2,396.90 (As of Jan. 2024)


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What is Heico Backlog for Aerospace Defense (USD Mil)?

A backlog is a buildup of work that needs to be completed.

Heico's Backlog for Aerospace Defense (USD Mil) for the quarter that ended in Jan. 2024 was 2,396.90 , which is higher than 1,863.00 for the pervious quarter ended in Oct. 2023.

Heico's Backlog for Aerospace Defense (USD Mil) for the annual that ended in Oct. 2023 was 1,863.00 , which is higher than 1,383.00 for the pervious year ended in Oct. 2022.

The historical rank and industry rank for Heico's Backlog for Aerospace Defense (USD Mil) or its related term are showing as below:

Heico Backlog for Aerospace Defense (USD Mil) Historical Data

The historical data trend for Heico's Backlog for Aerospace Defense (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.

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Heico Backlog for Aerospace Defense (USD Mil) Chart

Heico Annual Data
Trend Oct19 Oct20 Oct21 Oct22 Oct23
Backlog for Aerospace Defense (USD Mil)
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HeicoQuarterly Data
Trend Oct16 Oct17 Oct18 Oct19 Oct20 Oct21 Oct22 Oct23 Jan24
Backlog for Aerospace Defense (USD Mil)
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Competitive Comparison of Heico's Backlog for Aerospace Defense (USD Mil)

For the Aerospace & Defense subindustry, Heico's Backlog for Aerospace Defense (USD Mil), along with its competitors' market caps and Backlog for Aerospace Defense (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.

Heico  (NYSE:HEI.A) Backlog for Aerospace Defense (USD Mil) Explanation

The term "backlog" refers to a buildup of work that has not been completed in a timely fashion.The presence of a backlog can have positive or negative implications. For example, a growing backlog of product orders might indicate rising sales. On the other hand, companies generally want to avoid having a backlog as it could suggest increasing inefficiency in the production process. Likewise, a sizable backlog might be a portentous sign of lagging demand, but may also signify improving production efficiency. Naturally, unexpected backlogs can compromise forecasts and production schedules.

Heico Backlog for Aerospace Defense (USD Mil) Related Terms

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Heico (HEI.A) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Industrials » Aerospace & Defense » Heico Corp (NYSE:HEI.A) » Definitions » Backlog for Aerospace Defense (USD Mil)
Comparable Companies
AXON HWM TXT HII CW BWXT WWD LHX HXL DRS XPAR:AIR RTX BA LMT XPAR:SAF GD NOC TDG LSE:BA. LSE:RR.
Traded in Other Exchanges
HEI:USA HC1A:Germany HC1:Germany HC1:Germany
Address
3000 Taft Street, Hollywood, FL, USA, 33021
Website
https://www.heico.com
Heico is an aerospace and defense supplier that focuses on creating niche replacement parts for commercial aircraft and components for defense products. In commercial aerospace, Heico is the largest independent producer of replacement aircraft parts, primarily for engines. In the defense market, the company produces niche subcomponents used in targeting technology as well as simulation equipment, among other things. It operates as two segments: the flight support group,or FSG, and the electronic technologies group, or ETG, both of which supply the aerospace and defense sectors to different degrees. The company is highly acquisitive, focusing on companies in similar or adjacent markets that are generating strong cash flow with the potential for growth.