Pharmacy sales dip
August 26, 2016
THE Pharmacy Guild says the
latest edition of its annual Digest
indicates a “downward trend in
overall sales” which have declined
2.51% year on year.
The Digest is collated via a survey
of Guild member pharmacies, and
presents a snapshot of pharmacy
operations in Australia for 2014/15.
The results show prescription
sales dipped 4.59%, while gross
margin declined 5.3%.
Total expenses declined by
nearly 2% in dollar terms, the
Digest found, but increased as a
percentage of revenue to 35.3%.
The Digest has also tracked
trends over the last decade, noting
the changes in the operating
environment due to growing
regulatory and competitive pressure.
“The community pharmacy
landscape has evolved from small,
independent pharmacies to more
sophisticated banner groups
operating in a more competitive
environment,” it says.
The full Guild Digest, based
on a sample of 313 community
pharmacies, is available to Guild
members at www.guild.org.au.
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