Drug inventory with stockists falls ahead of GST

While industry-wide average inventory is 27 days, in case of some companies it is lower than 20 days

The first week of June saw a 13-day reduction in the drug inventory at the stockist level, raising fears of possible shortages with the implementation of the goods and services tax (GST) on July 1. As of June 7, stockists were carrying 27 days of inventory, while at the end of May they had 40 days’ stocks.
 

“Compared to May 31, there is a reduction of almost 13 days’ inventory. An average of 27 days’ inventory is more than adequate to service the market and there is not even a remote likelihood of a shortage of medicines at the retail