Working Capital Management And Profitability: A Case Of Alba County Companies
Abstract
The purpose of this study is to analyze the efficiency of working capital management ofcompanies from Alba County. The relation between the efficiency of the working capital management andprofitability is examined using Pearson correlation analyses and using a sample of 20 annual financialstatements of companies covering period 2004-2008. The conclusion to our study is that there is a weaknegative liniar correlation between working capital management indicators and profitability rates.Download Info
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Article provided by Faculty of Sciences, "1 Decembrie 1918" University, Alba Iulia in its journal Annales Universitatis Apulensis Series Oeconomica.
Volume (Year): 1 (2010)
Issue (Month): 12 ()
Pages: 36
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Related research
Keywords: working capital; profitability; Days Sales Outstanding; Days Inventory Outstanding; DaysPayable Outstanding; Days Working Capital;Find related papers by JEL classification:
- G11 - Financial Economics - - General Financial Markets - - - Portfolio Choice; Investment Decisions
- G30 - Financial Economics - - Corporate Finance and Governance - - - General
- G31 - Financial Economics - - Corporate Finance and Governance - - - Capital Budgeting; Fixed Investment and Inventory Studies
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