Liquidity Analysis for Surgery Centers

Here are the average amounts of cash, net accounts receivable and working capital for surgery centers and their relative percentages of total assets, according to VMG Health’s 2009 Intellimarker.

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1. Cash

  • Average — $663,000
  • Median — $511, 000

2. Cash as a percent of total assets

  • Average — 17.2 percent
  • Median — 15.8 percent

3. Net A/R

  • Average — $796,000
  • Median — $653,000

4. Net A/R as a percent of total assets

  • Average — 22.5 percent
  • Median — 21.1 percent

5. Working capital

  • Average — $1.124 million
  • Median — $900,000

6. Working capital as a percent of total assets

  • Average — 14.0 percent
  • Median — 13.5 percent

To receive a free copy of VMG Health’s 2009 Intellimarker, click here.

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