Logo
Munich Personal RePEc Archive

Affect of Working Capital Management on Firms Profitability in Sugar Industry of Pakistan

Malik, Zafar Ullah and Iqbal, Athar (2012): Affect of Working Capital Management on Firms Profitability in Sugar Industry of Pakistan.

[thumbnail of MPRA_paper_41436.pdf]
Preview
PDF
MPRA_paper_41436.pdf

Download (403kB) | Preview

Abstract

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.

Atom RSS 1.0 RSS 2.0

Contact us: mpra@ub.uni-muenchen.de

This repository has been built using EPrints software.

MPRA is a RePEc service hosted by Logo of the University Library LMU Munich.