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The American Heritage Dictionary of Business Terms » book-to-bill ratio
book-to-bill ratio
book-to-bill ratio definition - business
book-to-bill ratio
The dollar amount of orders on the books compared to the dollar amount of orders filled. A high ratio indicates a backlog of orders that should produce revenues and profits in future periods. The book-to-bill ratio is often used to analyze the health of technology companies.
The American Heritage® Dictionary of Business Terms Copyright © 2009 by Houghton Mifflin Harcourt Publishing Company. Published by Houghton Mifflin Harcourt Publishing Company. All rights reserved.
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