Order Backlog (Unfilled Orders)

{
  "id": "MLC-T-ECS-001352",
  "term": "Order Backlog (Unfilled Orders)",
  "field": "Economic statistics",
  "definition": "Generally, unfilled orders at the end of an accounting period are equal to unfilled orders at the beginning of the period, plus new orders net of cancellations received during the period, less net sales. This includes orders that have not yet passed through the sales account and funded orders (or portions of orders) for which the value of work done has not been reported as sales.",
  "references": [
    "U.S. Census Bureau Glossary"
  ],
  "url": "https://mlchart.com/terminology/economic-statistics/order-backlog-unfilled-orders/"
}