WORKING CAPITAL RELATIONSHIP WITH FIRM PROFITABILITY AND SIZE

Working Capital (WC) turnover as far as days has been viewed as a valuable proportion of company's powerful liquidity and money the board. This investigation was directed through the plan to inspect the connection of the WC through the size as well as advantage of the businesses in the four explicit accumulated areas evidenced on Karachi Stock Exchange to be specific Petroleum Limited, Engineering Works, Textile Mills, and Garments manufacturers. The knowledge was collected recognizing with the 40 tested organizations out of the aggregate in the related parts for example 185 covering the time of 2016-2019 by using ANOVA analysis and Pearson’s correlation test. This examination in attendance informs documentation of the assessment about the issue of money the board a zone that isn't especially explored ahead in the generated nations similar to Pakistan. The current examination includes different supportive consequences that ought to be practiced for the account directors, manufacturing organizations, educationists and specialists.

[1]  N. Jahan.  An Empirical Investigation of Cash Conversion Cycle of Manufacturing Firms and its Association with Firm Size and Profitability , 2020, 2005.09482.

[2]  K. Lyroudi,et al.  The Effect of the Cash Conversion Cycle on the Z-scores of Fresh Milk Companies in Greece , 2020, Economic Alternatives.

[3]  Thi Ngoc Lan Nguyen,et al.  The Determinants of Profitability in Listed Enterprises: A Study from Vietnamese Stock Exchange , 2020 .

[4]  M. Farris,et al.  Cash-to-cash (C2C) Length: Insights on Present and Future Profitability and Liquidity , 2019, Advances in Management Accounting.

[5]  Cem Tanova,et al.  The Moderating Impact of Firm Size on the Relationship between Working Capital Management and Profitability , 2019, Prague Economic Papers.

[6]  Chengang Ye,et al.  Investment in working capital and financial constraints , 2019, International Journal of Managerial Finance.

[7]  Dina Korent,et al.  The Impact of Working Capital Management on Profitability of Croatian Software Companies , 2018 .

[8]  S Kumar,et al.  Working capital management and firm profitability: a meta-analysis , 2017 .

[9]  S. Saidu,et al.  The Impact of Cash Conversion Cycle on Firm Profitability: Evidence from Nigerian Listed Telecommunication Companies , 2016 .

[10]  Ismail Nizam,et al.  THE EFFECTS OF WORKING CAPITAL MANAGEMENT ON THE PROFITABILITY OF PLANTATION AND PETROLEUM SECTOR IN MALAYSIA , 2015 .

[11]  Ghulam Abbas,et al.  Relationship of Cash Conversion Cycle with Firm Size, Working Capital Approaches and Firm’s Profitability: A Case of Pakistani Industries , 2015 .

[12]  G. Afrifa,et al.  Working Capital Level Influence on SME Profitability , 2015 .

[13]  U. Goel,et al.  Operating Liquidity and Financial Leverage: Evidences from Indian Machinery Industry , 2015 .

[14]  CMA(Dr.) Ashok Panigrahi.  Cash Conversion Cycle and Firms’ Profitability – A Study of Cement Manufacturing Companies of India , 2013 .

[15]  T. Vahid,et al.  Working Capital Management and Corporate Performance: Evidence from Iranian Companies , 2012 .

[16]  Modar Abdullatif,et al.  Cash Conversion Cycle and Firm’s Performance of Japanese Firms , 2010 .

[17]  Abuzar M. A. Eljelly.  Liquidity ‐ profitability tradeoff: An empirical investigation in an emerging market , 2004 .

[18]  Q. Malik,et al.  Cash Conversion Cycle and Firms' Profitability - A Study of Listed Manufacturing Companies of Pakistan , 2013 .