NOAH’s performance is measured in several key ways, including the number of patients we see, the comprehensive care we provide, and maintaining healthy financials. We are near the end of Quarter 2 of 2022 and our May financial numbers are in!
Below is the May Financial Dashboard from Chief Financial Officer, Julia Karl.
Financial Dashboard
| Metric | Target | May 2022 | 3 Months Ago | 6 Months Ago |
| Days Cash on Hand | 90 | 71 | 123 | 139 |
| Current Ratio | 2.0 | 3.25 | 4.48 | 4.53 |
| Operating Margin | 6% | 0% | 0% | 14% |
Days Cash on Hand: This measure increased this month as we started drawing on capital funds for Cholla! We are anticipating being back up to target by year-end.
Current Ratio: NOAH’s Current Ratio remains strong.
Operating Margin: NOAH’s Operating Margin shifted positively in May and is in line with budget! If you remember, last month we were at -1%, so we have gained another 1% in May! Continuing to push this to a 3% gain will be NOAH’s financial priority this year.
