Wednesday, 23 July 2025

ASA distributors report solid growth mixed with cautious optimism

All respondents overall reported a median May sales increase of 4.5% y/y and -3.7% vs. April 2025. Calendar-year YTD sales were up 5%, while trailing 12-month sales were up 2.4%. Inventoryies rose 6% vs. May 2024. The median three-month average days sales outstanding (DSO) dropped to 40 days.



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