Power Transmission/Motion Control Sales Up 10.9% YTD
The Power Transmission Distributors Association (PTDA) released the September trend data for distributors and manufacturers of power transmission/motion control (PT/MC) products.
In September, U.S. distributors' year-to-date sales of PT/MC products rose 10.9% as compared to sales for January through September 2005. Sales decreased 1.6% over the previous month and were up 9.4% as compared to September 2005.
Days sales in accounts receivables increased 5.7% as compared to August 2006 and gained 0.8% as compared to the same month last year. Annualized sales to inventory ratio in September was 9.5, compared to 8.7 in 2005.
For September, the confidence level of U.S. distributors dropped to 6.3 from 6.8 ...