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How to compute working capital the way a surety does, with a $1.3 million bonding example
Sureties size a bond program from adjusted working capital. This example adjusts a $2.0 million balance to $1.3 million and converts it to capacity.
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Feature Data
ABC's backlog indicator fell 0.6 months to 8.1 in October, as firms without data center work dropped to 7.6 months and those with it rose to 11.5.
8.1 October 2026 · -6.9% on the month · -3.6% on the year
Backlog fell to 8.1 months after two monthly gains
ABC Construction Backlog Indicator, months of work under contract, October 2024 to October 2026
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Sureties size a bond program from adjusted working capital. This example adjusts a $2.0 million balance to $1.3 million and converts it to capacity.
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ABC's Construction Backlog Indicator rose 0.2 months to 8.7 months in September, with commercial and institutional backlog at 9.0 months.
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Backlog in months divides signed, unearned work by annual revenue. Here is the formula ABC uses, a worked example, and how to read yours against its survey.
| Date | Trend | Category | Title | Summary |
|---|---|---|---|---|
| Data | How to compute working capital the way a surety does, with a $1.3 million bonding example | Sureties size a bond program from adjusted working capital. This example adjusts a $2.0 million balance to $1.3 million and converts it to capacity. | ||
| Data | ABC's Construction Backlog Indicator fell to 8.1 months in October as backlog for contractors without data center work dropped to 7.6 Feature | ABC's backlog indicator fell 0.6 months to 8.1 in October, as firms without data center work dropped to 7.6 months and those with it rose to 11.5. | ||
| Data | ABC's Construction Backlog Indicator rose to 8.7 months in September, its second monthly gain | ABC's Construction Backlog Indicator rose 0.2 months to 8.7 months in September, with commercial and institutional backlog at 9.0 months. | ||
| Data | How to compute backlog in months and compare it with ABC's 8.5-month August reading | Backlog in months divides signed, unearned work by annual revenue. Here is the formula ABC uses, a worked example, and how to read yours against its survey. |