MRO Magazine

Canadian distributors saw PT sales ease off slightly in November

Chicago, Ill. -- Jan. 21, 2002 -- The Power Transmission Distributors Association (PTDA) has released the November...


Industry

January 21, 2002
By MRO Magazine
MRO Magazine

Chicago, Ill. — Jan. 21, 2002 — The Power Transmission Distributors Association (PTDA) has released the November 2001 trend data for distributors and manufacturers of power transmission/motion control (PT/MC) products.

Canadian distributors’ sales of PT/MC products declined 0.6% over the October 2001 and fell 20.5% as compared to November 2000. Days sales in accounts receivables increased 0.7% over October 2001 and gained 4.7% as compared to the same month last year. Annualized inventory turnover in November was 6.0 turns, compared to 5.2 turns in 2000.

For November, the confidence level of Canadian distributors remained flat at 4.7 on a 10-point scale.

Canadian manufacturers’ sales of PT/MC products decreased 6.1% in November over the previous month and dropped 16.4% as compared to November 2000.

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As compared to October, sales of mounted bearings, variable speed drives and shaft couplings rose. Sales of unmounted bearings, gear products, mechanical drive systems and other PT products and clutches and brakes declined.

For November, the confidence level of Canadian manufacturers climbed to 4.8 on a 10-point scale.

In comparison, U.S. distributors’ November 2001 sales of PT/MC products decreased 6.6% over the previous month and dropped 9.7% as compared to November 2000. Days sales in accounts receivables increased 1.8% over October 2001 but dropped 1.0% as compared to the same month last year.

Annualized inventory turnover in November was 3.8 turns, compared to 4.4 turns in 2000.

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

Overall, U.S. manufacturers’ sales of PT/MC products were down 0.5% over the previous month and decreased 5.1% as compared to November 2000.

As compared to October, sales of mounted bearings, unmounted bearings and gear products grew. Sales of standard industrial motors, variable speed drives, positioning systems/linear motion products, mechanical drive systems and other PT products, clutches and brakes and shaft couplings decreased.

Total orders of PT/MC products from U.S. manufacturers decreased 3.9% over October and shrunk 5.5% as compared to November 2001. Annualized inventory turnover in November was 5.9 turns, holding steady with turns in 2000.

For November, the confidence level of U.S. manufacturers rose to 4.7 on a 10-point scale.

The Market Outlook Report is published monthly by the Power Transmission Distributors Association. The full report includes month-to-month and year-to-year changes in sales, inventory and accounts receivables data for U.S. and Canadian distributors, as well as a general confidence index. U.S. and Canadian manufacturer data includes a confidence index, as well as sales and order trends for mounted bearings, unmounted bearings, standard industrial motors, variable speed drives, positioning systems/linear motion products, gear products, mechanical drive systems and other PT products, clutches and brakes and shaft couplings.

The report, including colour charts, is available by annual subscription by contacting PTDA at 312-876-9461 or at www.ptda.org/catalog.

By Bill Roebuck, Editor