Malik, Zafar Ullah and Iqbal, Athar (2012): Affect of Working Capital Management on Firms Profitability in Sugar Industry of Pakistan.
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Management of working capital performs a very vital part in the performance of firms in sugar industry. This thesis tests the impact of working capital management on firm’s profitability in sugar industry of Pakistan for years 1999 to 2009. To analyze this, data of 19 sugar mills which are listed at Karachi Stock Exchange is used. The result shows that the Sales Growth, Current Ratio, No of Days Inventory and No of Days Accounts Payables are significantly affecting the profitability of the firms while Sales, Gearing Ratio and No of Days Account Receivables are insignificant in the research. Pearson Correlation and Multiple Linear Regression are used in this research to study the relationship between variables.
|Item Type:||MPRA Paper|
|Original Title:||Affect of Working Capital Management on Firms Profitability in Sugar Industry of Pakistan|
|Keywords:||WCM; Working Capital Management; Sugar; Payable cycle; Receivable Cycle;|
|Subjects:||G - Financial Economics > G3 - Corporate Finance and Governance|
|Depositing User:||Zafar Ullah Malik|
|Date Deposited:||19. Sep 2012 11:40|
|Last Modified:||12. Feb 2013 05:05|
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