PT/MC year-to-date sales decline
Product DetailsU.S. distributor sales of power transmission/motion control products from January to July declined 3.4 percent compared to year-to-date sales in 2001, according to the July trend data released by the Power Transmission Distributors Association (PTDA). Sales rose 0.3 percent over the previous month and increased 4.0 percent compared to July 2001.
Days sales in accounts receivables dropped 1.4 percent compared to June 2002 and decreased 0.8 percent compared to July of last year. Annualized inventory turnover in July was 4.1 turns, compared to 3.6 turns in 2001. The confidence level of U.S. distributors also fell to 5 on a 10-point scale.
U.S. manufacturers' January-to-July sales of PT/MC products decreased 6.4 percent compared to sales for the same period last year. Sales ...