ASA member distributors report median sales growth
American Supply Association’s Monthly Pulse report reveals member wholesaler-distributors recorded median sales growth of 1.1% for the month ending Oct. 31, compared to the same month last year.
Calendar year-to-date, all respondents reported a median sales increase of 5.0%, and the median increase for the trailing 12 months is 5.5%. Inventory rose 2.9% compared to a year ago and the median three-month average days sales outstanding edged up to 44.5. The report also shows 56.6% of respondents noted an increase in gross margin percentages for October 2015 vs. 2014, and company YTD profit before taxes increased for 48.8% of the total sample. Also, 55.4% of respondents reported having more full-time equivalent employees compared to a year ago.