SEMI: Equipment industry book-to-bill ratio 1.0 in Feb 2014
North America-based manufacturers of semiconductor equipment posted $1.29 billion in orders worldwide in February 2014 (three-month average basis) and a book-to-bill ratio of 1.00, according to the February EMDS Book-to-Bill Report published today by SEMI.
A book-to-bill of 1.00 means that $100 worth of orders were received for every $100 of product billed for the month.
The three-month average of worldwide bookings in February 2014 was $1.29 billion. The bookings figure is 0.7 percent higher than the final January 2014 level of $1.28 billion, and is 20.1 percent higher than the February 2013 order level of $1.07 billion.
The three-month average of worldwide billings in February 2014 was $1.29 billion. The billings figure is 4.5 percent higher than the final January 2014 level of $1.23 billion, and is 32.2 percent higher than the February 2013 billings level of $974.7 million.
"Equipment bookings and billings continue along a steady trend in the first quarter," says Denny McGuirk, president and CEO of SEMI. "The book-to-bill ratio remains at or above parity for the fifth consecutive month, and the booking and billing values remain well above the figures reported one year ago."
The SEMI book-to-bill is a ratio of three-month moving averages of worldwide bookings and billings for North American-based semiconductor equipment manufacturers. Billings and bookings figures below are in millions of U.S. dollars.
