Pharmacy accounts receivable have increased to 5.1% of independent's sales -- NCPA-Searle survey.
Executive Summary
PHARMACY ACCOUNTS RECEIVABLE HAVE INCREASED TO 5.1% OF SALES in 1995 from 4.1% of sales ten years before in 1985. In 1995, the latest year for which data is available from the recently released 1996 NCPA-Searle Digest survey of independent pharmacies, accounts receivable averaged $68,483, 20.9% of assets and 5.1% of sales. For 1994, accounts receivable averaged $61,144, 20.1% of assets and 4.8% of sales.