Introducing Nimbles Biotech’s PTR & PTS Calculator, an invaluable tool designed to compute Price To Retailer (PTR) effortlessly and Price To Stockist (PTS) in the pharmaceutical sector. Effectively managing the financial aspects of your pharmaceutical business is essential, and our Pharma Calculator is expertly crafted to simplify this intricate process.
What are PTR & PTS?
PTR (Price To Retailer): This represents the rate at which medical retailers acquire medicine from stockists or distributors. The formula for calculating PTR is as follows:
PTR=(MRP – (MRP * (Retail Margin / 100))) / (1 + (GST / 100))
PTS (Price To Stockist): This signifies the rate at which stockists purchase medicine from the pharmaceutical company. The formula for calculating PTS is:
PTS = PTR – (PTR * (Stockist Margin / 100))
Importance of Retail and Stockist Margin
Retail Margin and Stockist Margin are the profit percentages that retailers and stockists earn on selling pharmaceutical products. Grasping these margins is crucial for sustaining and growing your business.
Retail Margin: This is the percentage of profit a retailer earns from selling the product to the end consumer. It is calculated as:
RetailMargin= ((MRP – PTR) / MRP) * 100
Stockist Margin: This is the percentage of profit that a stockist earns on selling the product to the retailer. It is calculated as:
StockistMargin = ((PTR – PTS) / PTR) * 100
Why Use Our PCD Calculator?
Our PCD Calculator is a user-friendly tool crafted to simplify the intricate calculations involved in determining PTR, PTS, Retail Margin, and Stockist Margin. With just a few clicks, you can:
- Accurately calculate PTR & PTS for any pharmaceutical product.
- Determine Retail and Stockist Margins to set competitive yet profitable pricing.
- Make informed decisions to optimize your pharma franchise or distribution network.
By utilizing our PTR and PTS Calculator, you’re not just crunching numbers; you’re optimizing your business for success. Leverage this invaluable tool to elevate your pharmaceutical business to new heights.