The American Supply Association’s monthly Pulse report shows industrial PVF members reported a median sales decline of -6.3% for the month ending May 21 compared to the same last year.
Calendar year-to-date, PVF respondents reported a median sales increase of 2.6%, while the median increase for the trailing 12 months is 0.3%. Inventory rose 2.7% among PVF respondents compared to a year ago and the median three-month average DSOs increased from 46 days in April to 47 in May. PVF respondents reporting an increase in company YTD profit before taxes decreased from 46.7% in April to 42.7% in May.