Olaoye, Samuel Adebayo and Okunade, Richard Adeleye (2020) Working Capital Management and Profitability of Listed Manufacturing Firms in Nigeria. Journal of Economics, Management and Trade, 26 (7). pp. 63-69. ISSN 2456-9216
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Abstract
This study observed the link amid working capital management and profitability of quoted manufacturing firms in Nigeria. Using panel methodology, this study discovered a significant influence of working capital management (ITID, CPP & ACP) on profitability of listed manufacturing firms in Nigeria. Although, creditors payment period shows a significant impact on profitability while inventory turnover days and account receivables period were insignificant. This study recommends that well managed CPP over time would be a plus for manufacturing entities, to enhance their financial performance.
Item Type: | Article |
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Subjects: | Open Research Librarians > Social Sciences and Humanities |
Depositing User: | Unnamed user with email support@open.researchlibrarians.com |
Date Deposited: | 06 Mar 2023 11:15 |
Last Modified: | 20 Feb 2024 04:11 |
URI: | http://stm.e4journal.com/id/eprint/236 |