AMETEK (FRA:AK1) Order Backlog for Technology (USD Mil) : 0.00 (As of . 20)

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What is AMETEK 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.

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

FRA:AK1'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.

AMETEK Order Backlog for Technology (USD Mil) Historical Data

The historical data trend for AMETEK'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.

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AMETEK Order Backlog for Technology (USD Mil) Chart

AMETEK (FRA:AK1) 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.

AMETEK Order Backlog for Technology (USD Mil) Related Terms

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AMETEK (FRA:AK1) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » AMETEK Inc (FRA:AK1) » Definitions » Order Backlog for Technology (USD Mil)

Comparable Companies

Traded in Other Exchanges

AME:USA AME:Mexico A1ME34:Brazil

Address

1100 Cassatt Road, Berwyn, PA, USA, 19312-1177

Website

https://www.ametek.com

Ametek is a diversified industrial conglomerate with over $6 billion in sales. The firm operates through an electronic instruments group and an electromechanical group. EIG designs and manufactures differentiated and advanced instruments for the process, aerospace, power, and industrial end markets. EMG is a focused, niche supplier of highly engineered automation solutions, thermal management systems, specialty metals, and electrical interconnects, among other products. About half of the firm's sales are made in the United States. The firm's asset-light strategy in place for nearly two decades emphasizes growth through acquisitions, new product development through research and development, driving operational efficiencies, and global and market expansion.

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