The North American Association of Floor Covering Distributors detailed the 2013 profit variable and financial results for a sample of 22 firms in the floor covering distribution business in its 2014 Performance Index Report, released Oct. 20.
The North American Association of Floor Covering Distributors detailed the 2013 profit variable and financial results for a sample of 22 firms in the floor covering distribution business in its 2014 Performance Index Report, released Oct. 20.
The sample was divided into two groups: a typical NAFCD distributor and a high-profit distributor (the top seven firms based on ROA).
A typical NAFCD distributor made $529,652 in sales per employee, had a gross margin of 24.1 percent, an operating expense percentage of 21.6 and the average amount of collection days needed to secure accounts receivable was 35.4. For high-profit distributors, the figures were $644,871, 24.3 percent, 20.6 percent and 33.2 days, respectively.
The full report is available for purchase at nafcd.org.
