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 Revenue Up 12.2 Percent in January

HARDI Distributors Report Revenue Up 12.2 Percent in January

March 3, 2017

Heating, Air-conditioning & Refrigeration Distributors International released its monthly TRENDS report, showing average sales for HARDI distributor members increased by 12.2 percent in January 2017.

The average annualized growth for the 12 months through December 2016 was 9.2 percent. This is the strongest annual pace since 2011 when comparing against the end of The Great Recession.

“HARDI distributors start 2017 at a fast clip,” said HARDI Market Research & Benchmarking Analyst Brian Loftus. “The reported gain was helped by one extra billing day and being compared against a soft January 2016.”

“Pricing will, and likely already has, started to impact this number in a positive manner,” said HARDI Senior Economist Connor Lokar. “The US Producer Price Index contracted throughout much of 2015 and all of 2016, but rose 1.8 percent on average during the last three months. Essentially every raw material (agricultural commodities not included) is in a rising price trend.”

The Days Sales Outstanding (DSO), a measure of how quickly customers pay their bills, is now at 46.2 days. “This is the best report for this time of year for this economic expansion,” said Loftus. “Distributor customers are busy and paying their bills on time.”

 

Industry Community News Wholesalers & Distributors
  • Related Articles

    HARDI Distributors Report 12.2 Percent Revenue Increase in February

    HARDI Distributors Report 12.2 Percent Revenue Increase in February

    HARDI Distributors Report 12.2 Percent Revenue Increase in November

Most Popular

  • Four Reasons to Use Push-to-Connect Fittings for Home Remodels

  • DiversiTech to Acquire Pro1 Thermostats

  • Lion Plumbing Supply and American Standard Join Forces to Brighten Up North Miami Neighborhood

  • PHCPPros Off the Cuff: Valve World Americas Expo & Conference with Tim Goedeker

Featured Video

Liberty video 2

Liberty Pumps Materials Center Open House with Charlie Cook

Industry Events

  • 11Jun

    AWWA 2023 Annual Conference & Exposition (ACE23)

    Toronto, ON
  • 19Jun

    2023 NFPA Conference & Expo

    Las Vegas, NV
  • 25Jun

    SWA Annual Convention

    Miramar Beach, FL
More Events

Subscribe to our newsletters & stay updated

Subscribe & Learn More

  • Tw06 2023 cover
    Learn More
  • Pe06 2023 cover
    Learn More
  • Phc06 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