One of the mysteries of the English language finally explained.
The ratio of new orders to completed sales in the semiconductor industry, regarded as an economic indicator for overall trends in the technology sector.‘the company's book-to-bill ratio was below 1 in the quarter, indicating that it is seeing weak order patterns’
- ‘The book-to-bill ratio measures industry health and was revised to 1.07 in June, compared with 1.10 in May.’
- ‘Instead of on-base percentage and batting average, we study book-to-bill ratios and factory utilization numbers.’
- ‘During the 1990s, the book-to-bill ratio for chips was such a strong predictive indicator that it began driving stock prices of companies releasing the information.’
- ‘For the past two years, book-to-bill ratios in the global chip industry have been below 1.00, meaning fewer orders coming in than products being sold each month.’
- ‘Next week sees sixteen different US economic announcements, including semiconductor book-to-bill ratios, consumer comfort indicators and new residential construction figures.’
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