<abstract xmlns="http://www.w3.org/1999/xhtml"><p>The new approach how to assess community pharmacy business by monitoring indicators of financial analysis, contributes to a
positive economic development in the community pharmacy business. The better is understanding and analysis of the financial
statements in the community pharmacy business, the better will be improvement in managing and controlling finances. Financial
analysis enable the community pharmacy to make more informed decisions, comparisons of actual financial performance
with forecast targets, performances in past years and comparisons to industry averages. The most important analysed financial
statements are balance sheet and profit and loss statement. The outcomes of the financial analysis are debt, efficiency, profitability,
liquidity ratios and working capital ratio. They are compared to recommended values and the suggestions are made to
improve community pharmacy´s efficiency and prosperity. The result of the new approach to assessment community pharmacy
technology business will contribute to positive financial development of the community pharmacy and it´s maintenance or
survival at the upcoming time.</p></abstract>

The new approach how to assess community pharmacy business by monitoring indicators of financial analysis, contributes to a
positive economic development in the community pharmacy business. The better is understanding and analysis of the financial
statements in the community pharmacy business, the better will be improvement in managing and controlling finances. Financial
analysis enable the community pharmacy to make more informed decisions, comparisons of actual financial performance
with forecast targets, performances in past years and comparisons to industry averages. The most important analysed financial
statements are balance sheet and profit and loss statement. The outcomes of the financial analysis are debt, efficiency, profitability,
liquidity ratios and working capital ratio. They are compared to recommended values and the suggestions are made to
improve community pharmacy´s efficiency and prosperity. The result of the new approach to assessment community pharmacy
technology business will contribute to positive financial development of the community pharmacy and it´s maintenance or
survival at the upcoming time.

New Types of Assessments of Community Pharmacy Technology Business
and Their Contribution Towards Prosperity of the Community Pharmacy

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

European Pharmaceutical Journal

The new approach how to assess community pharmacy business by monitoring indicators of financial analysis, contributes to a
positive economic development in...

New Types of Assessments of Community Pharmacy Technology Business and Their Contribution Towards Prosperity of the Community Pharmacy

Publié en ligne: 27 juin 2013

Pages: 35 - 42

DOI: https://doi.org/10.2478/afpuc-2013-0015

This content is open access.