More than half of distributors queried for the recent SEMA Financial Benchmarking Report
indicated that sales increased year-to-date through March, compared to
the same period in 2009, and more than half were optimistic the trend
would continue through the following three months.
They were right; distributors saw a 16% leap in sales compared to the
month before. Manufacturers posted a slight gain, and retailers also
rebounded from a March slump with a 7% gain.
all three industry groups—manufacturers, distributors and
retailers—said that poor sales was the most important problem facing
their businesses today.
The SEMA Financial Benchmarking Report benchmarks key sales performance
indicators against industry averages. Three separate reports represent
manufacturers, WDs and retailers, with the latest March and April 2010
editions now available to industry members. Reports feature sales
projections, quick ratio, inventory turns, sales per employee, research
and development, factory overhead, selling and administrative expense
Participants of the Financial Benchmarking Program receive the reports
immediately. They are made available to industry members a month later
for a cost of $99.99 for non-members, $50 for SEMA members. Click here to download copies of the March and April Financial Benchmarking reports.