Heating, Air-conditioning & Refrigeration Distributors International (HARDI) this week released its monthly TRENDS report, showing the average sales performance by HARDI distributors was an increase of 4.5% during August.
HARDI members also report Days Sales Outstanding (DSO) — a measure of how quickly customers pay their bills — hit a record low of 39 days during the month.
Heating, Air-conditioning & Refrigeration Distributors International’s monthly TRENDS report shows a huge spike in HVAC distributors’ revenue, marking a “solid start for the cooling season,” says HARDI analyst Brian Loftus.
The average annual sales growth for the 12 months through May 2020 is 0.4%.
Many more industry events are on this year's calendar. The question now is, what will associations do — cancel, postpone, convert to virtual gathering or offer a hybrid of live and digital programming?
