We use cookies to provide you with a better experience. By continuing to browse the site you are agreeing to our use of cookies in accordance with our Cookie Policy.

logo
  • Engineers & Specifiers
  • Contractors & Installers
  • Wholesalers & Distributors
  • Sign In
  • Create Account
  • Sign Out
  • My Account
Free Subscription
  • Sign In
  • Create Account
  • Sign Out
  • My Account
  • PRODUCTS
    • Bath & Kitchen
    • Fire Protection
    • HVAC
    • Hydronics/Radiant
    • Plumbing
    • PVF
    • Tools
  • PROJECTS
    • Commercial
    • Green Building
    • MRO/Retrofit
    • Remodeling
    • Residential
  • HOW TO
    • Design
    • Fire Protection
    • Legal Matters
    • Management
  • BUSINESS
    • Buying Groups
    • Technology
    • Associations
  • CODES & STANDARDS
    • ANSI
    • ASHRAE
    • ASSE
    • Regulations
    • Green Building
    • IAPMO
    • ICC
    • NFPA
  • RESOURCES
    • PROS REPS
    • Media Kit
    • Advertise
    • Contact Us
    • Classifieds
    • Digital Editions
    • Behind the Wall
    • Webinars
    • AHR Live 2023
  • PODCASTS
  • DIGITAL EDITIONS
Home » HARDI distributors report 9.1 percent revenue increase in July

HARDI distributors report 9.1 percent revenue increase in July

September 8, 2015

Heating, Air-conditioning & Refrigeration Distributors International (HARDI) released its monthly TRENDS report, showing average sales for HARDI distributor members increased by 9.1 percent in July 2015.

The annualized growth through July 2015 was 6.4 percent. This is the best annual growth rate of 2015 for HVAC distributors.

“The July result was helped by the unremarkable 0.5 percent prior year comparison,” said HARDI Market Research and Benchmarking Analyst Brian Loftus. “Regardless, 9.1 percent growth in a seasonally significant month is definitely helpful for HVACR distributors.” Six of the seven regions reported positive sales growth -- four achieved double-digit growth rates.

“The growth rate this quarter reflects Residential Construction activity and the associated consumer spending,” said HARDI Senior Economist Connor Lokar. “Annual Retail Sales of Building Material and Supplies Stores have increased 5.5 percent over the past 12 months.”

The Days Sales Outstanding (DSO), a measure of how quickly customers pay their bills, is now at 48. “The overall participant DSO is tracing its normal seasonal pattern,” said Loftus, “but was 46 days by now the past two years.”

HARDI members do not receive financial compensation in exchange for their monthly sales data and can discontinue their participation without prior notice or penalty. Participation is voluntary, and the depth of market coverage varies from region to region. An independent entity collects and compiles the data that can include products not directly associated with the HVACR industry.

Industry Community News Wholesalers & Distributors
  • Related Articles

    HARDI Distributors Report 9.1 Percent Revenue Increase in November

    HARDI Distributors Report 6.2 Percent Revenue Increase in July

    HARDI Distributors Report 4.7 Percent Revenue Increase in July

Most Popular

  • Watts Sales Exec Summits Mount Everest

  • Uponor Celebrates Grand Opening of New Experience Center

  • Carrier Launches New Indianapolis Technical Training Center to Address HVAC Technician Shortage

  • Building a Company Through Teamwork and the Next Generation

Featured Video

Dan video 4

Dan Foley on U.S. Boiler Company's Alta Boiler: Ease of Service

Industry Events

  • 05Oct

    PVF Roundtable TroutBlast Fishing Tournament

  • 08Oct

    2023 SFPE Annual Conference & Expo

    North Bethesda, MD
  • 09Oct

    2023 AD PHCP North American Meeting

    Phoenix, AZ
More Events

Subscribe to our newsletters & stay updated

Subscribe & Learn More

  • Tw10 2023 cover
    Learn More
  • Pe10 2023 cover
    Learn More
  • Phc10 2023 cover
    Learn More
  • Es 2022
    Learn More
Subscribe

More from PHCP Pros

  • Editorial Team
  • Home
  • Contact Us
  • About
  • Advertise

Follow Us

© 2023 All Rights Reserved

Design, CMS, Hosting & Web Development | ePublishing