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.
Below is the July Financial Dashboard from Chief Financial Officer, Julia Karl.
Metric | Target | July 2022 | 3 months ago | 6 months ago |
Days Cash on Hand | 90 | 82 | 67 | 126 |
Current Ratio | 2.0 | 3.63 | 3.4 | 4.1 |
Operating Margin | 6% | 1% | -1% | -3% |
Days Cash on Hand: This measure increased eight days this month! NOAH received some significant grant funding associated with our Cholla Capital project.
Current Ratio: NOAH’s Current Ratio remains strong indicating we have three times as many liquid assets to pay for our short-term cash needs.
Operating Margin: NOAH’s Operating Margin is back into a gain position! Continuing to push this to a 3% gain will be NOAH’s financial priority this year.