After a two-month decline in U.S. distributors’sales of PT/MC products, January sales were up 7.6% compared to December 2007, according to the latest Power Transmission Distributors Association January 2008 trend data report. When matched up against sales in January 2007, sales in January 2008 gained 4.5%.
Accounts receivable collection days were down 2.8% in January 2008 after an increase in December 2007. For January 2008, the confidence index of U.S. distributors remained flat at 5.8 (on a 10-point scale).
Canadian distributors posted positive gains in PT/MC sales, rising 7.7% in January 2008. Sales growth over the same period last year was down 0.7%. Days sales in account receivables dropped 12.5% as compared to December 2007. …
U.S. PT/MC Sales Up 7.6% in January
After a two-month decline in U.S. distributors’sales of PT/MC products, January sales were up 7.6% compared to December 2007, according to the latest Power Transmission Distributors Association January 2008 trend data report. When matched up against sales in January 2007, sales in January 2008 gained 4.5%.
Accounts receivable collection days were down 2.8% in January 2008 after an increase in December 2007. For January 2008, the confidence index of U.S. distributors remained flat at 5.8 (on a 10-point scale).
Canadian distributors posted positive gains in PT/MC sales, rising 7.7% in January 2008. Sales growth over the same period last year was down 0.7%. Days sales in account receivables dropped 12.5% as compared to December 2007. …
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