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Heating, Airconditioning and Refrigeration Distributors International (HARDI) announced national HVACR distributor sales for the month of March 2009 were (at median) down 10.8% when compared to March 2008 in its Monthly Targeted and Regional Economic News for Distribution Strategies Report. The HARDI West Region posted the steepest decline of 32.7%. However, three Regions reported sales gains in March - Southwest (+15.7%), Great Lakes (+3.6%) and Canada (+0.6%).
By sales volume, only the small firm category ($5 million or less) posted a sales gain for March at +11%. Median Days Sales Outstanding (DSO) stood at 52.43 days up 1.2 days from February 2009.
For more information about HARDI's Monthly TRENDS Reports, including access to the complete reports, and Quarterly TRENDS Forecasts, contact HARDI's headquarters or visit www.hardinet.org.