HARDI’s monthly TRENDS report shows average sales for distributor members increased 4.9% in April. The annualized growth through April 2015 is 6.3%. HARDI noted this is the midpoint of narrow range of the past 12 months. “There was mid-single-digit growth in five of our reporting regions,” HARDI Market Research and Benchmarking Analyst Brian Loftus said. “Growth is healthy in the Southeast and the West is showing signs of improvement.”
The Days Sales Outstanding, a measure of how quickly customers pay their bills, is now 51.6.