NOAH’s performance is measured in several ways, including the number of patients we see, the comprehensive care we provide, and maintaining healthy financials. Here’s a look at the financials for September.
| Metric | Target | September 2022 | 3 months ago | 6 months ago |
| Days Cash on Hand | 90 | 82 | 79 | 116 |
| Current Ratio | 2.0 | 3.76 | 2.93 | 3.25 |
| Operating Margin | 6% | 3% | -2% | 10% |
Days Cash on Hand: This measure dropped back 10 days this month. September has three payroll cycles which pull a lot of cash. In addition, we continue to have large investments in the new Cholla Health Center.
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 dropped to 3% for the year. This was expected as encounters dropped when Heuser closed and Cholla has not opened yet.
