Industry News
HARDI Distributors Report 24.8% Revenue Increase
Heating, Air-conditioning & Refrigeration Distributors International released its monthly TRENDS report, showing the average sales performance by HARDI distributors was an increase of 24.8% during August.
The average annual sales growth for the 12 months through August is 24.2%.
The days sales outstanding, a measure of how quickly customers pay their bills, remains at 40 days as of August.