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IMPACTS OF WORKING CAPITAL MANAGEMENT ON PROFITABILITY A CASE STUDY ON PAKISTAN CEMENT SECTOR

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43 Pages : 465-472

http://dx.doi.org/10.31703/gssr.2023(VIII-I).43      10.31703/gssr.2023(VIII-I).43      Published : Mar 2023

Impacts of Working Capital Management on Profitability: A Case Study on Pakistan Cement Sector

Abstract

    This study examined ten cement businesses that are listed on the Pakistan Stock Exchange (PSX) to determine the impact that working capital management has on a company's profitability. A systematic selection technique was used to choose every tenth of Pakistan's cement industry for the study. The websites of these cement businesses' annual reports were used to gather primary data. Financial ratios were used in the study and quantitative data analysis was used to determine whether the link between the variables was positive or negative. Since a variety of factors also affect return, we added the control variables of firm size (sales log) and sales growth. According to study findings, the Payable Deferred Period (PDP) has a favourable influence on profitability, the Return on Assets has a negative impact on the inventory collection period, and the Receivable Collection Period and PDP are
    independent variables, but their relationship is not very strong.

    (1) Haniya Zia
    M.Phil. Scholar, Management Sciences, Sarhad University of Science & Information Technology, Peshawar, KP, Pakistan.
    (2) Adeel Rahim
    Lecturer in Finance, Department of Management Sciences, FATA University, Kohat, KP, Pakistan.
    (3) Maqsood Haider
    Assistant Professor, Department of Management Sciences, FATA University, Kohat, KP, Pakistan.
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Cite this article

APA

    APA : Zia, H., Rahim, A., & Haider, M. (2023). Impacts of Working Capital Management on Profitability: A Case Study on Pakistan Cement Sector. Global Social Sciences Review, VIII(I), 465-472. https://doi.org/10.31703/gssr.2023(VIII-I).43

CHICAGO

    CHICAGO : Zia, Haniya, Adeel Rahim, and Maqsood Haider. 2023. "Impacts of Working Capital Management on Profitability: A Case Study on Pakistan Cement Sector." Global Social Sciences Review, VIII (I): 465-472 doi: 10.31703/gssr.2023(VIII-I).43

HARVARD

    HARVARD : ZIA, H., RAHIM, A. & HAIDER, M. 2023. Impacts of Working Capital Management on Profitability: A Case Study on Pakistan Cement Sector. Global Social Sciences Review, VIII, 465-472.

MHRA

    MHRA : Zia, Haniya, Adeel Rahim, and Maqsood Haider. 2023. "Impacts of Working Capital Management on Profitability: A Case Study on Pakistan Cement Sector." Global Social Sciences Review, VIII: 465-472

MLA

    MLA : Zia, Haniya, Adeel Rahim, and Maqsood Haider. "Impacts of Working Capital Management on Profitability: A Case Study on Pakistan Cement Sector." Global Social Sciences Review, VIII.I (2023): 465-472 Print.

OXFORD

    OXFORD : Zia, Haniya, Rahim, Adeel, and Haider, Maqsood (2023), "Impacts of Working Capital Management on Profitability: A Case Study on Pakistan Cement Sector", Global Social Sciences Review, VIII (I), 465-472

TURABIAN

    TURABIAN : Zia, Haniya, Adeel Rahim, and Maqsood Haider. "Impacts of Working Capital Management on Profitability: A Case Study on Pakistan Cement Sector." Global Social Sciences Review VIII, no. I (2023): 465-472. https://doi.org/10.31703/gssr.2023(VIII-I).43