Illinois Tool Works (STU:ILT) Backlog for Engineering Construction (USD Mil) : 0.00 (As of . 20)

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What is Illinois Tool Works Backlog for Engineering Construction (USD Mil)?

Backlog for Engineering Construction (USD Mil) refers to the quantity and money amount of the product which has been ordered by customers but which has not shipped yet for engineering construction.

The historical rank and industry rank for Illinois Tool Works's Backlog for Engineering Construction (USD Mil) or its related term are showing as below:

STU:ILT's Backlog for Engineering Construction (USD Mil) is not ranked ^*
in the Industrial Products industry.
Industry Median:
* Ranked among companies with meaningful Backlog for Engineering Construction (USD Mil) only.

Illinois Tool Works Backlog for Engineering Construction (USD Mil) Historical Data

The historical data trend for Illinois Tool Works's Backlog for Engineering Construction (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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Illinois Tool Works Backlog for Engineering Construction (USD Mil) Chart

Illinois Tool Works (STU:ILT) Backlog for Engineering Construction (USD Mil) Explanation

Backlog refers to the quantity and money amount of the product which has been ordered by customers but which has not shipped yet. Each backlog includes the following information: job order number, product number, delivery date, quantity, the order status (i.e. showing that it is now being assembled, or when delivery is being planned).

The backlog reflects the company’s inventory management processing level. We usually consider a low backlog number to be a sign of good inventory management. If the backlog is too big, it can lead to customer frustration and canceled orders. A healthy backlog shows that the product or service of the company is in-demand and seeing steady growth.

Illinois Tool Works (STU:ILT) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Illinois Tool Works Inc (STU:ILT) » Definitions » Backlog for Engineering Construction (USD Mil)

Comparable Companies

Traded in Other Exchanges

ITW:USA ILT:Germany I1TW34:Brazil

Address

155 Harlem Avenue, Glenview, IL, USA, 60025

Website

https://www.itw.com

Illinois Tool Works is a diversified global manufacturer that produces specialized industrial equipment, consumables, and related services. The firm operates 87 global divisions through seven distinct operating segments: automotive OEM, construction products, food equipment, specialty products, test/measurement and electronics, polymers and fluids, and welding. About half of its revenue comes from its operations in North America, with the remainder originating from international markets. ITW takes a bottom-up and decentralized approach to portfolio management, with the exception that each segment must apply its 80/20 operating process modeled on the Pareto principle.

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