ASA distributors report another monthly sales increase
Respondents to ASA’s monthly sales report registered a 15.4% change in average sales for July 2021 vs. July 2020. For the July 2021 vs. June 2021 period, respondents reported a median sales decrease of -5.7%.
On a trailing 12-month basis, respondents reported median sales of 12.3 % in July 2021 as compared to 13.5 % in June 2021 when compared to the 2020 data. Inventories rose 27.3 % for July 2021 compared to a year ago, a notable increase from even June 2021, which was 23.4%. The median three-month days sales outstanding remained the same in July as previously in June at 40.9 days.