Investor Relations

DistributionNOW will be recognized as the market leader in Supply Chain Management through superior customer service by leveraging the strengths of our employees, processes, suppliers, and information.

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Our Strategy to Unlock Value

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Deliver Margin Discipline IconDeliver Margin

Product margins holding firm, gross margins impacted unfavorably by inventory write downs

Rolling out new order management system to enable more efficient quote-to-order process yielding higher employee productivity

Renewed numerous customer contract agreements

Ecommerce implementation growth seeds future revenue and margin gains

Focused on midstream and downstream expansion



Optimize Operations IconOptimize Operations

Structural change towards a more centralized fulfillment model with smaller branches and reduced personnel and vehicles, square footage and inventory

In process of relocating our La Porte, TX DC to existing Houston supercenter

Reduced discretionary and infrastructure costs and headcount from 4,400 to 2,650 since the beginning of the year

Focused on cost transformation to align to market demand and preserve balance sheet

Leveraging technology to enhance employee productivity and increase operational efficiencies



Drive Growth Through Acquisitions IconDrive Growth Through Acquisitions

Proactively evaluating M&A opportunities

  • Continue to evaluate M&A pipeline for growth
  • Highly selective in this environment
  • Approximately $525 million in total liquidity


Approach to Capital Allocation IconMaximize Working Capital Velocity

Working capital, excluding cash, was 24% of revenue in 2Q20

Inventory turns at 3.3x

Cash on hand at June 30, 2020 of $269M

Zero debt





2020 SEC Q&K Filings

Annual report to the Securities and Exchange Commission (SEC) which provides a comprehensive overview of the company for the past year.