HARDI Distributors Report 18% 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 18% during September.

The average annual sales growth for the 12 months through September 2022 is 23.5%. The Days Sales Outstanding, a measure of how quickly customers pay their bills, is 42 days as of September. September is the last month of cooling season and more than 40% of HARDI distributor annual sales occur from May through August.

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