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book-to-bill ratio

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Book-to-Bill Ratio
The technology industry's demand-to-supply ratio for orders on a "firm's book" to number of orders filled.

Notes:
This ratio tells whether the company has more orders than it can deliver (if greater than 1), has the same amount of orders that it can deliver (equals 1), or has less orders than it can deliver (under 1). This monthly figure is used frequently for companies in the technology and chip (semiconductor) sector.

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.
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North America-based manufacturers of semiconductor equipment posted a September 1999 Book-to-Bill ratio of 1.
Semi Equipment Bookings 208 Percent Above Last Year's Cyclical Low ... by EDP Weekly's IT Monitor
Several analysts have predicted the company's book-to-bill ratio will drop below 1 for the quarter, though Tekelec has said it should go down no further than to 0.
TEKELEC REMARKS CREATE DECLINE by Daily News (Los Angeles, CA)
The Company's book-to-bill ratio for the third quarter was 0.
Breeze-Eastern Reports Fiscal 2007 Third Quarter Results by Business Wire
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