The survival of a company is highly dependent on the management of its working capital. Effective working capital management can lead to greater profitability. Insufficient working capital or liquidity shortages can severely hinder profitability and operational sustainability. The primary...

Working capital management is an important fnancial management decision for the proftability of commercial banks. The purpose of this study is to examine the impact of working capital management on commercial banks' proftability. The study used secondary data from audited fnancial statements of...

This study explores the impact of adopting the quality management system according to the International Standardization for Organizations (ISO) standards called ISO 9001 on firms' working capital management efficiency (WCME). This study analyzes Small- and Medium-Sized Enterprises (SMEs) in the...

Using 719 Indian listed firms for 11 years from 2012 to 2022, this study provides evidence that the speed of adjustment (SOA) is higher (lower) for the sample firms with below (above) median net trade cycle (NTC). Our findings are robust to the alternative measure of WCM efficiency in the Indian...

This research examines the influence of firms’ innovation activities on the efficiency of their working capital management (WCM). We have used R&D expenditure to represent innovation. The cash conversion cycle (CCC), inventory days (IND), accounts receivable days (ARD), and accounts payable...

The critical components of working capital are receivables and inventory. Various published research commonly ends up with a conclusion that firms could improve profitability by monitoring inventory and receivables closely, suggesting that firms benefit from a reduction of these assets. Whereas...