The size of dealers’ new-RV-unit inventories were basically unchanged, at least in terms of dollar values, as of May 31, when compared with May 31, 2003, according to consulting firm Spader Business Management.
Spader reports large dealers, those with at least $10 million in annual sales, had new-RV-unit inventories that were 1.1% larger as of May 31. Their new-unit inventories were valued at an average of $4,380,206 as of May 31, compared with $4,334,617 a year earlier.
Meanwhile, midsize dealerships, those with between $5 million and $10 million in annual sales, had new-unit inventories valued at $2,106,185 as of May 31, only a 0.3% increase over the $2,099,671 worth of new-unit inventory they carried a year earlier.
Inventories of small dealers, those with less than $5 million in annual sales, actually were slightly smaller as of May 31, Spader reported. Small carried new-RV-unit inventories valued at $1,093,178 as of May 31, which was 1.8% less than the $1,112,718 worth of new inventory they stocked as of May 31, 2003.