MRO Magazine

PT sales slump shows up in summer sales reports

Oct. 22, 2001 -- According to the Power Transmission Distributors Association (PTDA), sales for the month of August...


Industry

October 22, 2001
By MRO Magazine

Oct. 22, 2001 — According to the Power Transmission Distributors Association (PTDA), sales for the month of August were down significantly from a year ago, as indicated in the most recent trend data for distributors and manufacturers of power transmission/motion control (PT/MC) products. The Chicago-based organization has members in both the U.S. and Canada.

U.S. distributors’ sales of PT/MC products in August 2001 increased 8.6% over July 2001 but fell 9.4% from August 2000. Days sales in accounts receivables decreased 3.4% over July 2001 but increased 0.9% as compared to the same month last year. Annualized inventory turnover in August 2001 was 4.1 turns, compared to 4.9 turns in 2000.

For the month, the confidence level of U.S. distributors fell to 3.9 on a 10-point scale.

Canadian distributors’ sales of PT/MC products in August 2001 increased 2.7% over the previous month and but decreased 17.8% as compared to August 2000. Days sales in accounts receivables rose 0.7% over July 2001 and rose 1.8% as compared to the same month last year. Annualized inventory turnover in August was 5.2 turns, compared to 5.1 turns in 2000.

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For August 2001, the confidence level of Canadian distributors fell to 4.8 on a 10-point scale.

Overall, U.S. manufacturers’ sales of PT/MC products rose 17.8% over the previous month and but fell 10.6% as compared to August 2000. As compared to July 2001, sales of mounted bearings, unmounted bearings, standard industrial motors, variable speed drives, positioning systems/linear motion products, gear products, mechanical drive systems & other PT, clutches & brakes and shaft couplings increased.

Total orders of PT/MC products from U.S. manufacturers increased 17.3% over July 2001 but decreased 7.4% as compared to last year. Annualized inventory turnover in August was 5.4 turns, compared to 5.6 turns in 2000.

For August, the confidence level of U.S. manufacturers rose to 4.9 on a 10-point scale.

Canadian manufacturers’ sales of PT/MC products increased 9.3% over the previous month but decreased 8.4% as compared to August 2000. As compared to July 2001, sales of unmounted bearings, variable speed drives, gear products, mechanical drives systems & other PT, clutches & brakes, and shaft couplings increased. Sales of mounted bearings decreased.

For August 2001, the confidence level of Canadian manufacturers remained flat at 4.9 on a 10-point scale.

The complete report is available by annual subscription via e-mail or mail by contacting 312-876-9461 or may be ordered online at www.ptda.org/catalog.