PTR & PTS Calculator
Welcome to Vifuba Medicare’s PTR & PTS Calculator, the ultimate tool for calculating Price To Retailer (PTR) and Price To Stockist (PTS) in the pharmaceutical industry. Navigating the financial intricacies of your pharma business is crucial, and our PCD Calculator is engineered to make that task as seamless as possible.
677.97
PTR
610.17
PTS
What is PTR & PTS?
- PTR (Price To Retailer): This is the rate at which the medical retailer purchases medicine from the stockist or distributor. The formula to calculate PTR is:
PTR = (MRP - (MRP * (Retail Margin / 100))) / (1 + (GST / 100)) - PTS (Price To Stockist): This is the rate at which the stockist purchases medicine from the pharma company. The formula to calculate 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 respectively earn on the sale of pharmaceutical products. Understanding these margins is pivotal for sustaining and growing your business.- Retail Margin: This is the percentage of profit that a retailer makes on selling the product to the end consumer. It is calculated as:
Retail Margin = ((MRP - PTR) / MRP) * 100 - Stockist Margin: This is the percentage of profit that a stockist makes on selling the product to the retailer. It is calculated as:
Stockist Margin = ((PTR - PTS) / PTR) * 100
Why Use Our PCD Calculator?
Our PCD Calculator is a comprehensive tool designed to simplify the complex 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 the Retail and Stockist Margins to set competitive yet profitable pricing.
- Make informed decisions to optimize your pharma franchise or distribution network.
By using our PTR & 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.