backlog definition

backlog

Value of unfulfilled orders, or the number of unprocessed jobs, on a given day. While a backlog indicates the workload that is beyond the production capacity of a department or firm, it also serves as a pointer toward the firm's future sales revenue and earnings. Also called open order.

backlog is in the Accounting & Auditing and Industries, Manufacturing, & Technology subjects.

backlog appears in the definition of the following term: open order

backlog appears in the other term: backlog trap

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