MRO Magazine

PT product distributors fare better than manufacturers in November

Chicago, IL -- The Power Transmission Distributors Association (PTDA) has released its November 2006 trend data for...


Industry

January 22, 2007
By MRO Magazine
MRO Magazine

Chicago, IL — The Power Transmission Distributors Association (PTDA) has released its November 2006 trend data for distributors and manufacturers of power transmission/motion control (PT/MC) products.

Canadian distributors’ year-to-date sales of PT/MC products grew 9.0% as compared to sales for January through November 2005. Sales were up 3.8% over the previous month and gained 9.8% as compared to November 2005.

Days sales in accounts receivables were down 3.9% from October 2006 and increased 1.2% as compared to the same month last year. Annualized sales to inventory ratio in November remained flat at 7.9 compared to November 2005.

For November, the confidence level of Canadian distributors remained flat at 6.0 on a 10-point scale.

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In November, U.S. distributors’ year-to-date sales of PT/MC products climbed 10.7% as compared to sales for January through November 2005. Sales fell 3.6% over the previous month and were up 7.8% as compared to November 2005.

Days sales in accounts receivables rose 1.3% as compared to October 2006 and increased 2.9% as compared to the same month last year. Annualized sales to inventory ratio in November was 8.3, compared to 7.9 in 2005.

For November, the confidence level of U.S. distributors decreased to 6.2 from 6.3 in October on a 10-point scale.

Canadian manufacturers’ year-to-date sales of PT/MC products increased 0.7% as compared to sales for January through November in 2005. Sales decreased 2.7% over the previous month and were down 6.0% as compared to November 2005.

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

Annualized sales to inventory ratio in November was 8.0, compared to 7.7 in November 2005.

For November, the confidence level of Canadian manufacturers declined to 5.1 from 5.2 in October on a 10-point scale.

In November, U.S. manufacturers’ year-to-date sales of PT/MC products rose 8.0% as compared to sales for January through November 2005. Sales fell 6.3% over the previous month and were up 6.5% as compared to November 2005.

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

Year-to-date orders of PT/MC products from U.S. manufacturers gained 4.3% as compared to the same period in 2005. November orders dropped 11.2% from October, and shrunk 8.4% as compared to November 2005. Annualized sales to inventory ratio in November was 10.0, compared to 10.6 in 2005.

For November, the confidence level of U.S. manufacturers remained flat at 5.4 on a 10-point scale.

The Market Outlook Report is published monthly by the PTDA and is available by calling 312-516-2100 or it may be ordered online at www.ptda.org/store.