|
|||||||||||||||
|
INTERNATIONAL JOURNAL OF NOVEL RESEARCH AND DEVELOPMENT International Peer Reviewed & Refereed Journals, Open Access Journal ISSN Approved Journal No: 2456-4184 | Impact factor: 8.76 | ESTD Year: 2016 Scholarly open access journals, Peer-reviewed, and Refereed Journals, Impact factor 8.76 (Calculate by google scholar and Semantic Scholar | AI-Powered Research Tool) , Multidisciplinary, Monthly, Indexing in all major database & Metadata, Citation Generator, Digital Object Identifier(DOI) |
||||||||||||||
Issue: April 2024
Volume 9 | Issue 4
Review Result and Publication of Paper within : 2-3 days
Click Here For more DetailsFor Authors
Forms / Download
Published Issue Details
Editorial Board
Other IMP Links
Facts & Figure
Impact Factor : 8.76
Issue per Year : 12
Volume Published : 9
Issue Published : 95
Article Submitted :
Article Published :
Total Authors :
Total Reviewer :
Total Countries :
Indexing Partner
Join RMS/Earn 300
Licence
This work is licensed under a Creative Commons Attribution-NonCommercial 4.0 International License
|
Published Paper Details
|
|
| Paper Title: | A Case Study of Trading Companies Examining the Effect of Working Capital Management on Profitability |
| Authors Name: | Ahmed Mahdi Abdulkareem , AlokKumar Chakrawal |
| Download E-Certificate: | Download |
| Author Reg. ID: |
IJNRD_185408
|
| Published Paper Id: | IJNRD2212282 |
| Published In: | Volume 7 Issue 12, December-2022 |
| DOI: | |
| Abstract: | Any business's profitability, liquidity, and solvency are essential to its success. A business's ability to operate successfully depends on its level of liquidity. The relationship between working capital and profitability has been the subject of numerous studies in the past. The findings demonstrated that lower financial performance is related to greater inventories and receivables investment. They discovered a link between Return on Assets, Inventory Turnover, and Cash Conversion Cycle that was negative. By selecting the days of collection, days of payment, days that inventory turns into sales, and finally the cash conversion cycle, the current study is intended to determine the direct influence of working capital on profitability. This study uses data from 15 US trading companies for the First, there is a negative relationship between profitability and average collection period; the lower the average collection period, the higher the profitability; this suggests that a reduction in the number of days a firm must wait before receiving payment from sales has a positive impact on the firm's profitability. Second, the average payment period and profitability have a highly significant positive association. This suggests that a company is more profitable the longer it pays its creditors. Years 2015 to 2019 to examine the relationship between profitability and working capital. Thirdly, as the cash conversion cycle shortens, the company's profitability will rise. Managers can then produce a positive value for the shareholders to show that the firm's profitability has been preserved. According to the results of the regression analysis, the model's R-squared value is 0.584, or 58.4% of the variation in the dependent variable. The independent factors provide an explanation for Net Profitability. |
| Keywords: | Trading, Profitability, Payment, Working Capital, Inventories. |
| Cite Article: | "A Case Study of Trading Companies Examining the Effect of Working Capital Management on Profitability", International Journal of Novel Research and Development (www.ijnrd.org), ISSN:2456-4184, Vol.7, Issue 12, page no.c671-c680, December-2022, Available :http://www.ijnrd.org/papers/IJNRD2212282.pdf |
| Downloads: | 000118749 |
| ISSN: |
2456-4184 | IMPACT FACTOR: 8.76 Calculated By Google Scholar| ESTD YEAR: 2016 An International Scholarly Open Access Journal, Peer-Reviewed, Refereed Journal Impact Factor 8.76 Calculate by Google Scholar and Semantic Scholar | AI-Powered Research Tool, Multidisciplinary, Monthly, Multilanguage Journal Indexing in All Major Database & Metadata, Citation Generator |
| Publication Details: |
Published Paper ID:IJNRD2212282 Registration ID: 185408 Published In: Volume 7 Issue 12, December-2022 DOI (Digital Object Identifier): Page No: c671-c680 Country: Rajkot, Gujarat , India Research Area: Commerce Publisher : IJ Publication Published Paper URL : https://www.ijnrd.org/viewpaperforall?paper=IJNRD2212282 Published Paper PDF: https://www.ijnrd.org/papers/IJNRD2212282 |
| Share Article: |
|
|
Click Here to Download This Article |
|
| Article Preview | |
|
|
|
Major Indexing from www.ijnrd.org
| Semantic Scholar | Microsaoft Academic | ORCID | Zenodo |
| Google Scholar | ResearcherID Thomson Reuters | Mendeley : reference manager | Academia.edu |
| arXiv.org : cornell university library | Research Gate | CiteSeerX | PUBLON |
| DRJI | SSRN | Scribd | DocStoc |
ISSN Details
 |
 |
|
ISSN: 2456-4184
Impact Factor: 8.76 and ISSN APPROVED
Journal Starting Year (ESTD) : 2016
DOI (A digital object identifier)
Conference
Open Access License Policy
This work is licensed under a Creative Commons Attribution-NonCommercial 4.0 International License
Important Details
Social Media
Licence
This work is licensed under a Creative Commons Attribution-NonCommercial 4.0 International License
Join RMS/Earn 300
| Copyright © 2024 - All Rights Reserved - IJNRD |
Facebook Twitter Instagram LinkedIn