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Review of literature on working capital management 2016 - Google. Some previous studies have
used this measure to analyze whether shortening the cash conversion cycle has positive or negative
effects on the firm’s profitability. Commencement of repayment be linked with generation of
revenue by the business with in. Moreover, operating cycle has positively insignificant while cash
conversion cycle is positively significant relationship with profitability. See Full PDF Download
PDF See Full PDF Download PDF Related Papers The effect of Working Capital Management on
the Profitability: A study on Indian cement companies International Research Journal Commerce arts
science This research work is on “The effect of Working Capital ratio on the Profitability” The main
purpose of this research work is to test the impact of working capital management on profitability.
The sample of study includes some Indian cement companies. See Full PDF Download PDF See
Full PDF Download PDF Related Papers A STUDY OF WORKING CAPITAL MANAGEMENT
IN STEEL COMPANIES OF INDIA SKIREC Publication- UGC Approved Journals For a
flourishing working of a business organization fixed and current assets play a crucial role as
organization commonly invests in these options. The period of study is five years and traditional
method of data analysis and ratio analysis as tools of financial statement analysis for examine the
degree of efficiency of working capital management has been adopted. This industry primarily
includes the production, distribution and marketing of consumer packaged goods, that is those
categories of products which are consumed at regular intervals. Download Free PDF View PDF See
Full PDF Download PDF Loading Preview Sorry, preview is currently unavailable. Quick ratio,
inventory turnover ratio, Debtors turnover ratio, gross profit ratio, operating profit ratio showed
satisfactory performance and current ratio, of the company were not found to be satisfactory. That is
working capital indicates the capital required to satisfy the day to day operation of an organization.
Keywords: Working Capital, Profitability, Financial Ratios, Multiple Regression, Manufacturing
Industry, India. Indistinguishable from Magic: How the Cybersecurity Market Reached a Trillion.
The proposed future research direction is given in this paper may help to develop a better
understanding of determinants and practices of working capital management. Literature review
gives insight and better helps bridge gap for the research to be undertaken. The correlation
coefficient between liquidity and profitability of the selected company is observed to be 0.08.
Motaals test also indicated significant improvement in liquidity performance during the study period.
LITERATURE REVIEW AND RESEARCH MODEL The negative association between company’s
accounts receivables and profitability suggests that. The study further established that more than 67%
of the out-grower companies hold their inventories for more than 60 days before converting them
into receivables due to large order sizes targeting economies of scale and bulk discounts. The more
the working capital, less is the chance of a firm's bills are not met for payment (Mcmenamin, 1999).
A sample of 106 firms listed on Borsa Istanbul Stock Exchange (BIST) for the period of 2003-2013
was used. Independent Variables are: 1) Average collection Receivable Period. 2) Average Inventory
Conversion Period. 3) Average Payment Period. 4) Cash Conversion Cycle. Therefore, managers
may enhance the profitability of their firms by minimizing the inventory turnover, account
receivables ratio and by decreasing creditors turnover ratios but there is no significant effect of
increasing or decreasing the current ratio on profitability. These QDs were dispersed at very low
concentrations (0.1 to 5000 ppt) in diverse biological matrices (synthetic saliva, synthetic urine,
plasma and Dulbecco’s phosphate buffered saline - DPBS growth medium) and the isotopic
compositions were determined by HR-ICP-MS. The initial QDs concentrations were calculated to
assess the limit of quantification (QD-LOQ) according to the matrix and the isotopically enriched
element. View Video Impact Of Working Capital Management Policy And Financial. The relationship
between working capital management and profitability of companies was examined with Pearson
correlations. When revenue of an organization is greater than cost then profit is generated. For Later
0 ratings 0% found this document useful (0 votes) 2K views 27 pages 123working Capital
Management A Literature Review and Research Uploaded by rajender564 AI-enhanced title raj Full
description Save Save 123Working Capital Management a Literature Review. The results of the
research show that there is a significant impact of the working capital management on profitability of
company. In the present study, four steel sector companies operating in India has been selected.
Finally, there exists significant negative relationship between liquidity and profitability, which
indicates that Bharti Airtel has maintained post optimal level of liquidity (i.e., excess liquidity)
during the period under study. Basically short-term investment and financing is the working capital
of an organization. The empirical study contributes to the existing literatures on the relationship
between working capital management and profitability. The requirements should be met both from
short term as well long term sources of funds. Relevant data for this study has been collected from
10 food complex manufacturing firms' annual financial statements for the period 2009-2013 and
analyzed through descriptive statistics, Pearson correlation and multiple regression analysis. The
results showed that current assets to total assets have an positive, significant effect on firm
performance. Abstract Government policies that promote construction of social housing have been
widely criticized. You can choose from the range of customized working capital loans for smooth
business. This paper makes a conclusion that the application of knowledge management is very
critical and difficult to be implemented and also it is very time consuming. These QDs were
dispersed at very low concentrations (0.1 to 5000 ppt) in diverse biological matrices (synthetic saliva,
synthetic urine, plasma and Dulbecco’s phosphate buffered saline - DPBS growth medium) and the
isotopic compositions were determined by HR-ICP-MS. The initial QDs concentrations were
calculated to assess the limit of quantification (QD-LOQ) according to the matrix and the
isotopically enriched element. Download Free PDF View PDF Working Capital Management and
Profitability of Manufacturing Companies Listed at the Nairobi Securities Exchange, Kenya IOSR
Journals The study sought to examine the relationship between working capital management and
financial performance of the manufacturing companies listed at the Nairobi Securities Exchange.
Variables used as a proxy for working capital policy are current assets to total assets and current
liabilities to total assets. However, it was recommended that the management should identify the
level of inventory which allows for uninterrupted production but reduces the investment in raw
materials and minimizes reordering cost and hence increases profitability. From the study it is also
found that there is significantly positive correlation between profitability and working capital
components as well as impact of day sales outstanding (DSO) on profitability ratios is negatively
significant. A random sample of 50 listed non-financial companies on Pakistani Stock Market was
selected for the period ranging from year 2005 to 2014. There are a total of 9 firms; Flame Tree
group Limited, East African Breweries Limited, Carbacid investments, Eveready East Africa, BOC
Kenya, Mumias Sugar, Unga group, British American Tobacco and Kenya Orchads. The
management of operating capital is essential as it might persuade a direct impact on profitability and
liquidity. The working capital limits would be considered only after the project nearing completion
and after. The results of the weighted least square (WLS) regression analysis were statistically
significant at 0.05 levels. The research evidence revealed that there is a significant positive
relationship between working capital management and firms' profitability, measured by gross
operating profit. The short term financial decisions have got little interest among academicians in the
past. The research was conducted by manufacturing companies listed in Indonesia Stock Exchange
from 2010 to 2013. The impact of working capital management on profitability is highly important,
because, firms required a balance between risk and efficiency to achieve an optimal level of working
capital. To browse Academia.edu and the wider internet faster and more securely, please take a few
seconds to upgrade your browser. Download Free PDF View PDF The Impact of Working Capital
Management on Firms' Profitability: Evidence from Nigeria Hon Ahmed Babatunde The purpose of
this paper is to investigate the impact of working capital management on firms' profitability in
Nigeria. Jin Mcmenamin, in his famous book 'Financial Management: An Introduction', remarks that
working capital is an important measure of liquidity and volume of working capital determines the
risk level. CHAPTER 3 REVIEW OF LITERATURE 3 1 Studies on Working. Download Free PDF
View PDF Effect of Working Capital Management on Company Profitability Ponsian P R O T Ntui,
Gwatako Tago The purpose of this study is to find out the effect of working capital management on
company profitability. The paper also attempts to analyze the correlation between liquidity,
profitability and return on investments of ONGC. The findings of the regression analysis show that
average days in inventory, average day's receivable, and average days payable have a significant
impact on Return on Assets. Customer Segment: Small Medium Enterprises including Traders,
Manufacturers, Service.
Download Free PDF View PDF Influence of Working Capital Management and Liquidity on
Financial Soundness of Firms Listed At Karachi Stock Exchange IOSR Journals Download Free
PDF View PDF See Full PDF Download PDF Loading Preview Sorry, preview is currently
unavailable. For a successful running of an organization fixed and current assets play a crucial role as
organization generally invests in these options. Report this Document Download now Save Save
Literature Review For Later 0 ratings 0% found this document useful (0 votes) 306 views 17 pages
Literature Review Uploaded by. Therefore, managers may enhance the profitability of their firms by
minimizing the inventory turnover, account receivables ratio and by decreasing creditors turnover
ratios but there is no significant effect of increasing or decreasing the current ratio on profitability. A
good example of this is Knowledge management (KM), which emerged in the recent years as a
management concept to enable companies to attain optimum efficiency and “sustainable advantage”
over their competitors (Isa et al 2008:103). Among these the most important decision is financing
decision. This industry primarily includes the production, distribution and marketing of consumer
packaged goods, that is those categories of products which are consumed at regular intervals. The
finance extended under this category would be for meeting the funds requirements for day to.
Secondary data was also collected to supplement the primary data. This account of profit is used for
paying taxes, dividend. This account of profit is used for paying taxes, dividend. Elo’s result 2023:
Return on investment increased to 6 per cent and cost effi. Report this Document Download now
Save Save 123Working Capital Management a Literature Review. The study is based on secondary
data collected which had been collected from annual reports of different steel companies and
prowess (CMIE database) for the period 2012 to 2016. Analysis was based on data extracted from
annual reports and accounts of the companies for the relevant period. It was found that, there is no
significant relationship between receivable collection period (RCP) policy and profitability of quoted
food and beverage companies in Nigeria. Tone at the top: the effects of gender board diversity on
gender wage inequal. Turnover Method, Maximum Permissible Bank Finance (MPBF) System, Cash
Budget. In order to determine the amount of working capital needed by a firm a number of factors
such as. Download Free PDF View PDF See Full PDF Download PDF Loading Preview Sorry,
preview is currently unavailable. This paper makes a conclusion that the application of knowledge
management is very critical and difficult to be implemented and also it is very time consuming. In
this investigation utilized secondary data collected from all the 10 listed pharmaceutical firms in
India covering the period from 2011-2016. To browse Academia.edu and the wider internet faster
and more securely, please take a few seconds to upgrade your browser. Explore innovative financing
solutions specifically designed to fuel your business growth. Out of these all companies, 45 were
selected as a final sample. A profitable business that earns a high profit has ability to increase owners'
wealth while any business without profit will not survive in the long run. Working capital is very
from firm to firm and industry to industry. It is commonly understood that working capital
requirement is related with the day to day operations of a firm and if the firm finds shortage of
working capital, the firm is likely to face liquidity problem, which in turn affect the credit worthiness
and the business as a whole. Upload Read for free FAQ and support Language (EN) Sign in Skip
carousel Carousel Previous Carousel Next What is Scribd. An attempt has been made to measure the
working capital performance with the help of ratio analysis.
Regarding netting of sundry debtors against sundry creditors for calculating Drawing power. In this
paper 12 research articles of various researchers have been studied and compared. Bank of Baroda
offers corporations Working Capital Finance to meet their operating expenses. And the findings
suggest that the management of the number of days account receivables are outstanding, numbers of
days inventory are held, and cash conversion cycle are significant factors in the accomplishment of
the profitability objective of brewery firms in Nigeria. The results of multiple regression articulated
that the APP, ITO and CCC have negative and significant impact on ROA but ACP has positive and
significant impact on ROA. Turnover Method, Maximum Permissible Bank Finance (MPBF) System,
Cash Budget. BY Working capital management, inventory, cash, LITERATURE REVIEW 2.1
Introduction 9. Return Document II. LITERATURE REVIEW studied the impact of working capital
management on a firm’s profitability during crisis periods. Finally, there exists significant negative
relationship between liquidity and profitability, which indicates that Bharti Airtel has maintained
post optimal level of liquidity (i.e., excess liquidity) during the period under study. The impact of
working capital management on profitability is highly important, because, firms required a balance
between risk and efficiency to achieve an optimal level of working capital. In this research paper an
attempt has been made to study the components of working capital and the possible implications of
working capital management policies on profitability of ONGC Limited. The greater part of the
researchers discovered positive effect of working capital management choices on profitability of
organizations. Working capital is very from firm to firm and industry to industry. You can choose
from the range of customized working capital loans for smooth business. HDFC Bank offers you a
unique range of working capital facilities at your door-step. We offer. The selected companies are: 1)
Unilever Pakistan Ltd. 2) Nestle Pakistan Ltd. 3) Mitchell’s Foods Farm Pakistan. 4) National Foods
Pakistan Ltd. It is normally presumed that the working capital cycle will be of three months i.e. the
period taken. The targeted population was all firms relating to textile, automobile and cement sectors
listed on KSE. Elo’s result 2023: Return on investment increased to 6 per cent and cost effi. The
Tandon study group had suggested the following alternatives for working out the maximum.
Relevant data for this study has been collected from 10 food complex manufacturing firms' annual
financial statements for the period 2009-2013 and analyzed through descriptive statistics, Pearson
correlation and multiple regression analysis. Download Free PDF View PDF Working Capital
Management and Its Impact on Profitability: A Case Study of Bharti Airtel Telecom Company
Finlogy Publication The present paper examines the working capital performance of Bharti Airtel
during the period 2007-08 to 2014-15. Keeping in this view, a study of an analysis of working
capital management in steel companies is undertaken in the present work. Keep on browsing if you
are OK with that, or find out how to manage cookies. Regarding netting of sundry debtors against
sundry creditors for calculating Drawing power. The, there is a negative significant relationship
between total assets ratio and net profit margin ratio. Read Article DETERMINATION OF THE
IMPACT OF WORKING CAPITAL MANAGEMENT ON. The results of the weighted least
square (WLS) regression analysis were statistically significant at 0.05 levels. The research evidence
revealed that there is a significant positive relationship between working capital management and
firms' profitability, measured by gross operating profit. Therefore, finding a proper balance between
shortage and excess working capital is the key element of working capital management. Download
Free PDF View PDF The Impact of Working Capital Management on Firms' Profitability: Evidence
from Nigeria Hon Ahmed Babatunde The purpose of this paper is to investigate the impact of
working capital management on firms' profitability in Nigeria.

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