Heating, Air-conditioning and Refrigeration Distributors International reported an 8.2 percent sales increase for December. The annualized growth through December was 5.7 percent.
"The cooler temperatures in the western region was responsible for the boost to sales at the end of the calendar year,” said HARDI Market Research and Benchmarking Analyst Brian Loftus.
The Days Sales Outstanding, a measure of how quickly customers pay their bills, is now at 49.9.
Read the latest articles and see your reports.
The MDM update newsletter is your best source for news and trends in the wholesale distribution industry.
Join other distribution executives who use MDM Premium to optimize their business. Our insights and analysis help you enter the right new markets, turbocharge your sales and marketing efforts, identify business partners that help you scale, and stay ahead of your competitors.
By providing your email, you agree to receive announcements from us and our partners for our newsletter, events, surveys, and partner resources per MDM Terms & Conditions. You can withdraw consent at any time.
Wholesale distribution news and trends delivered right to your inbox.
Sign-up for our free newsletter and get:
