CGI reported C$1.18B of remaining performance obligations at 30 Sep 2024, up 20% from a year earlier. That is 0.1 years of trailing revenue already under contract.
Twelve-month book-to-bill: 1.01, i.e. 1.01 of new orders for every 1 of revenue recognised.
Backlog growth minus revenue growth: +17 points — orders are running ahead of revenue.
The latest filed figure is more than 200 days old.
CGI backlog history
Remaining performance obligations at each quarter end (bars) against trailing twelve-month revenue (line).
Amounts in CAD. Source: SEC XBRL filings.
Quarter end
Backlog (RPO)
TTM revenue
Coverage
Customer prepayments
30 Sep 2024
C$1.18B
C$14.7B
0.1 yrs
n/a
30 Sep 2023
C$982M
C$14.3B
0.1 yrs
n/a
30 Sep 2022
C$920M
C$12.9B
0.1 yrs
n/a
30 Sep 2021
C$940M
C$12.1B
0.1 yrs
n/a
30 Sep 2020
C$825M
C$12.2B
0.1 yrs
n/a
30 Sep 2019
C$964M
C$12.1B
0.1 yrs
n/a
Questions
What is CGI's backlog?
CGI reported C$1.18B of remaining performance obligations at 30 Sep 2024, up 20% from a year earlier. That is 0.1 years of trailing revenue already under contract.
About these numbers
Remaining performance obligations (RPO) are revenue a company has contracted but not yet recognised, as reported in its SEC filings (XBRL tag RevenueRemainingPerformanceObligation). Coverage = backlog ÷ trailing twelve-month revenue. Book-to-bill = (change in backlog + revenue) ÷ revenue. Conversion = revenue recognised ÷ the backlog at the start of each quarter, summed over four quarters. Counterparty values come from company filings and releases.