Effect of Working Capital Management on Profitability of Cement Sector Listed Companies
Journal Title: International Journal of Academic Research in Accounting, Finance and Management Sciences - Year 2018, Vol 8, Issue 1
Abstract
This research is conducted in cement sector, textile sector and chemical sector to observe the effect of working capital management on the profitability of stock exchange registered corporations. The working capital management is extremely efficient and crucial to increase the return of the organization and business. The companies were analyzed through regression. The most important motive of this study is to measure the association among the profitability, measure by the return on equity, return on assets also by the components of working capital management that is days payable, days receivable, days inventory and cash conversion cycle. Sample size of 30 companies that is listed in the Pakistan stock exchange out of three sectors and the financial years is from 2001 to 2016 years. This study further indicates the significant results.
Authors and Affiliations
Hassan Subhi Al-Abass
Keywords
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- EP ID EP287596
- DOI 10.6007/IJARAFMS/v8-i1/3927
- Views 91
- Downloads 0
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