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Post# of 63559
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ImpishGrin

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ImpishGrin

Re: drugmanrx post# 60660

Friday, 05/12/2017 11:43:22 AM

Friday, May 12, 2017 11:43:22 AM

Post# of 63559
Uh - no . . .

So your saying every job that was started before 12/31/2016 was finished by 12/31/2016, and that there was no carry over from quarter 4 to quarter 1.


Backlog is a running total of work that is contracted but not yet completed - of course it carries forward by definition . . .

Those are just the high-level numbers that the company has provided and the equation was intended to demonstrate how backlog, revenue, and new sales are related - that's all. If you have additional questions then perhaps you can contact Investor Relations.

Never argue with a fool, onlookers may not be able to tell the difference. - Mark Twain

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