Many Independents continue to operate multiple pharmacies - average number of pharmacies in which each independent owner has ownership now equals 1.69.
Average sales per location equals $4,026,097 up 3.7%
Gross Margins up slightly from 23.2% to 23.8%
Payroll expenses as a percent of sales increased by .6 percentage points to 14.1%
The average net operating income remained similar to last year at 3.3%
The average monthly prescription inventory was $245,412 with a turnover rate of 11.7 - The average number of out-of-stocks each business day was 3.1
Average # of Rx's didpensed per location:
New Rx's 28,813 45%
Refills 35,882 55%
Total Rx's 65,635 Average Rx charge = 58.11