HARDI Distributors Report 2.3% Revenue Increase

Heating, Air-conditioning & Refrigeration Distributors International released its monthly TRENDS report, showing sales by HARDI distributors increased by 2.3% during May 2023.

The annual sales growth for the 12 months through May 2023 is 9.1%.

The Days Sales Outstanding, a measure of how quickly customers pay their bills, was 40 days in May.

HARDI members do not receive financial compensation in exchange for their monthly sales data and can discontinue participation without prior notice or penalty. Participation is voluntary, and the depth of market coverage varies from region to region. An independent entity collects and compiles the data that can include products not directly associated with the HVACR industry.