Impact of Working Capital on Business Profitability Financial Essay
The current study examines the relationship between working capital management and SME profitability. It also analyzes the impact of macroeconomic impulses on corporate profitability through efficient working capital management in the case of Indian small and medium enterprises over the entire period. We evaluated the moderating effects of firm size and leverage on working capital financing WCF - profitability relationship among Chinese firms -2017. Application of the objective - The objective of the research presented in this article is to provide empirical evidence on the effects of working capital management on the profitability of a sample of small and medium-sized Spanish companies. Design methodology approach - The authors have collected a panel for medium-sized enterprises, SMEs. The article examines the effect of working capital management on the profitability of sixteen listed consumer goods companies in Nigeria for a seven-year period 2010-2016. This study examines the effects of working capital management strategies on the financial performance of Indian cement companies - financial data companies during the period 2010-2020. The impact of overall working capital policies on profitability in this sector has proven to be significant and the ratios related to working capital can explain the differences between companies. The mathematical model found a positive correlation between current consent management and the financial performance of. The current study examines the relationship between working capital management and SME profitability. It also analyzes the impact of macroeconomic impulses on corporate profitability through efficient working capital management in the case of Indian small and medium enterprises over the entire period. The result indicated that working capital management is negatively related to profitability. Another survey was conducted by Napompech 2012 among a sample of Thai listed companies. The objective of this study was to empirically investigate the impact of WCM in working capital management on the business performance of selected manufacturing companies listed on the Karachi Stock Exchange KSE. We evaluated the moderating effects of firm size and leverage on the working capital financing relationship between WCF and profitability among Chinese firms in 2017. Applying And Godswill 2011, the impact of working capital on firm profitability in Pakistani automotive and oil companies was also examined and gas sector. InManufacturing companies' goal to manage working capital has increased interest among scientists in devising ways to increase profitability. Hossain 2020 About global arena Borin and Mancini 2019. This study aims to analyze the relationship between working capital management and profitability. of companies in the Indian manufacturing sector listed on the Bombay Stock Exchange. The study. Napompech, K. 2012, “Effects of working capital management on the profitability of Thai listed companies”, International Journal of Trade, Economics and Finance, Vol. 3, pp. 227-232. Using robust estimation techniques, this study found that profitability is positively affected by the cash conversion cycle. This suggests that more profitable companies are less motivated to manage their working capital. Moreover, financial markets failed to punish managers for inefficient working capital management in emerging markets. There was no relationship between liquidity, profitability and working capital management in Indian pharmaceutical companies. There was a very weak correlation between them,