<abstract xmlns="http://www.w3.org/1999/xhtml">Monitoring, calculation and assessment of community pharmacy prosperity with the help of financial analysis indicators for years 2003-2012, using financial statements was conducted, with respect to profitability parameters such as gross and net profit ratios. These ratios reflect various changes that hold between years 2003 and 2012. Under the time of financial crisis, recession and serious socioeconomic changes the profitability parameter gross profit ranged from x2003-2011=14.3-22.8% (average=19.2%, mean=19.8%, σ=2.4), but in 2012 decreased on 14.3%. Net profit ranged x2003-2011 = 2.3-18.3% (average=14.6%, mean =16.6%, σ = 4.9), while in 2012 reached only 2.3%. All changes that have taken place in the society had impact on community pharmacy finance by worsening its profitability. Therefore, the stability of community pharmacy may be threatened and may affect its future performance.</abstract>

Monitoring, calculation and assessment of community pharmacy prosperity with the help of financial analysis indicators for years 2003-2012, using financial statements was conducted, with respect to profitability parameters such as gross and net profit ratios. These ratios reflect various changes that hold between years 2003 and 2012. Under the time of financial crisis, recession and serious socioeconomic changes the profitability parameter gross profit ranged from x2003-2011=14.3-22.8% (average=19.2%, mean=19.8%, σ=2.4), but in 2012 decreased on 14.3%. Net profit ranged x2003-2011 = 2.3-18.3% (average=14.6%, mean =16.6%, σ = 4.9), while in 2012 reached only 2.3%. All changes that have taken place in the society had impact on community pharmacy finance by worsening its profitability. Therefore, the stability of community pharmacy may be threatened and may affect its future performance.

Prosperity of community pharmacy evaluated by gross and net profit and suggested corrective measures. 10 years study / Prosperita verejnej lekárne hodnotená prostredníctvom hrubého a čistého zisku a opatrenia vedúce k ich náprave. 10 ročná štúdia

Comenius University in Bratislava, Faculty of Pharmacy, Department of Organisation and Management in Pharmacy, Bratislava, Slovak Republic

University of Economics in Bratislava, Faculty of National Economy, Department of Finance, Banking and Investment, Bratislava Slovak Republic

European Pharmaceutical Journal

This work is licensed under the Creative Commons Attribution-NonCommercial-NoDerivatives 3.0 License.

Monitoring, calculation and assessment of community pharmacy prosperity with the help of financial analysis indicators for years 2003-2012, using financial...

Prosperity of community pharmacy evaluated by gross and net profit and suggested corrective measures. 10 years study / Prosperita verejnej lekárne hodnotená prostredníctvom hrubého a čistého zisku a opatrenia vedúce k ich náprave. 10 ročná štúdia

Published Online: Jun 22, 2015

Page range: 20 - 24

Received: Jan 02, 2015

Accepted: Apr 04, 2015

DOI: https://doi.org/10.1515/afpuc-2015-0015

Keywords
community pharmacy - prosperity - financial analysis - gross profit - net profit - corrective measures - financial crisis

© by I. Malovecká

This work is licensed under the Creative Commons Attribution-NonCommercial-NoDerivatives 3.0 License.

Prosperity of community pharmacy evaluated by gross and net profit and suggested corrective measures. 10 years study / Prosperita verejnej lekárne hodnotená prostredníctvom hrubého a čistého zisku a opatrenia vedúce k ich náprave. 10 ročná štúdia

Published Online: Jun 22, 2015

Page range: 20 - 24

Received: Jan 02, 2015

Accepted: Apr 04, 2015

DOI: https://doi.org/10.1515/afpuc-2015-0015

Keywordscommunity pharmacy - prosperity - financial analysis - gross profit - net profit - corrective measures - financial crisis

© by I. Malovecká

This work is licensed under the Creative Commons Attribution-NonCommercial-NoDerivatives 3.0 License.

Keywords
community pharmacy - prosperity - financial analysis - gross profit - net profit - corrective measures - financial crisis