| dc.description.abstract | Introduction:Pharmacy is considered as one of the major parts in offering medical services and providing medical equipments in the health system. Which beside the therapeutic feature, economical and management aspects of pharmacy also should be noticed. Inventory is considred as the largest capital in the balance sheet of pharmacy. considering capital limitation and responsibilities of managing directer to the stockholders,and liability of economical usage of capital, managing directer should adopt special policies which , in addition to provide continuous stream of stock , prevent excess levels of inventory.
Purpose: Evaluation of inventory management through calculating stock turnover rate and other financial ratios and analyzing these ratios with horizontal analysis method for recognizing inventory management challenges and drug provisioning.
Method and material:Based on financial documents of pharmacy of 7096 co.Ltd from 2013 to 2018, the financial ratios were calculated and analyzed.
Results: obtained results over the years 2013 to 2018 indicated that current ratios were 1.83 , 1.72 ,1.95 ,2.15 and 1.65 respectively. Momentary ratios were 0.64, 0.4 ,0.84 , 1.31 and 0.8 .inventory turn over ratio were 4.69, 3.99, 3.06 ,3.22 and 5.6 .average collection period were between 25 to 71 days. Operational cycles were between 90 to 190 days.debt ratios were 0.54,0.58,0.51,0.46 and 0.60, Gross profit margins were 16.58 , 13.39 ,14.17 ,20.44 and11.04. net profit margins were 11.47% , 8.7%, 9.84%,15.08% and7.83%.
All of these ratios were in acceptable range and shows the suitable economical performance of this pharmacy.
Conclusion:
Managing directer, Considering frequency of financial ratios and after horizontal and vertical analysis of these data, should take suitable decisions for more advancement of economical performance of the pharmacy,consequently. | en_US |
