An indicating device suitable for indicating the number of dosages of a substance that have been dispensed from or remain in a container. The indicating device includes an indicator member having an outwardly facing first surface with indicia visible to a user and an opposite inwardly facing surface having a plurality of teeth. The first surface further includes a groove. A cover is disposed over at least a portion of the first surface of the indicator member such that only a portion of the indicia are visible at any one time. The cover includes an inwardly extending projection disposed in the groove. The indicator member is rotatable relative to the cover with the projection being moveable in the groove as the indicator member is rotated relative to the cover. In another aspect, a rotatable member is rotatable relative to an outer cover. An intermediate member is moveable relative to the outer cover and the rotatable member so as to obscure at least a portion of the surface of the rotatable member that would be otherwise visible through the viewing window. At least one of the surfaces of the rotatable member and intermediate member have dosage indicia.