July Power Transmission Distributor Sales Up 10.8% Year-to-Date
Product DetailsThe Power Transmission Distributors Association released the July trend data for distributors and manufacturers of power transmission/motion control products.
In July, U.S. distributors' year-to-date sales of PT/MC products rose 10.8 percent as compared to sales for January through July 2005. Sales dropped 12.8 percent over the previous month and were up 9.6 percent as compared to July 2005.
Days sales in accounts receivables climbed 11.7 percent as compared to June 2006 and decreased 0.3 percent as compared to the same month last year. Annualized sales to inventory ratio in July was 8.6, compared to 8.3 in 2005.
For July, the confidence level of U.S. distributors fell to 6.3 from 7.7 in June on a 10-point ...