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HARDI Distributors Report 22.1% Percent Revenue Increase in June


HARDI Distributors Report 22.1% Percent Revenue Increase in June
COLUMBUS, Ohio, August 3, 2021 – Heating, Air-conditioning & Refrigeration Distributors International (HARDI) released its monthly TRENDS report, showing the average sales performance by HARDI distributors was an increase of 22.1% percent during June 2021.
The average annual sales growth for the 12 months through June 2021 is 17.2% percent. 
Sales this month is being compared to a gain of 24.3% last year, so this is a very strong report, and the dollar weighted sales growth is comparable,” said HARDI Market Research & Benchmarking Analyst Brian Loftus. 
The Days Sales Outstanding (DSO), a measure of how quickly customers pay their bills, was 39 days at the end of June 2021.  “The DSO has been faster than normal thanks to the aggressive policies to support the economy during the COVID related disruptions, but that benefit is waning,” said Loftus. ....

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