|
Makale Özeti:
|
The fundamental purpose behind this study is to exactly test the effect of working capital
management on profitability of cement industry of Pakistan. To explore this relationship between
these two, the creator gathered auxiliary information from 12 listed firms in Karachi stock
exchange (KSC) for the time period of 2007-2013. For this reason, in this study we utilize variable
of return on assets ratio to gauge the benefit of organization and variables of CR, QR, NCA/TA,
WCT and ITR as living up to expectations working capital management criteria. The consequences
of the research demonstrate that there is a huge effect of the working capital management on
profitability of cement industry of Pakistan. Accordingly, manager may improve the Profitability of
their organizations by minimizing the inventory turnover ratio, and by diminishing working capital
turnover ratio but there is no impact of expanding or diminishing the current proportion on
profitability. Along these lines, the results show that through fitting working capital management
the organization can expand its benefit. This study shall be helping hand for the cement industry of
Pakistan in the management of their working capital in such an effective way thus, to the point that
they can increase their profitability.
|