Omnicell Investor Presentation Deck
Backlog¹ ($Million)
By type:
Product Backlog
Advanced Services Backlog²
Total Backlog
By duration and type:
Short-Term Product Backlog
Long-Term Product Backlog
Short-Term Advanced Services Backlog²
Long-Term Advanced Services Backlog²
Total Backlog
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As of December 31, 2022
$797
$418
$1,215
As of December 31, 2022
$503
$294
$49
$369
$1,215
As of December 31, 2021
$977
$277
$1,254
As of December 31, 2021
$745
$232
$37
$240
$1,254
1. Backlog is the dollar amount of bookings that have not yet been recognized as revenue. We consider backlog that is expected to be converted to revenues in more than twelve months to be long-term backlog. We believe a
majority of long-term product backlog will be convertible into revenues in 12-24 months. Long-term Advanced Services backlog typically represents multi-year subscription agreements (usually with contractual terms of 2-7
years, some of which have not yet been implemented) that will be converted to revenue ratably over the contractual term.
2. Includes only the value of Advanced Services non-cancelable contracts with minimum commitments.
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