‘Effect of Liquidity Management in the Profitability of Selected Manufacturing Firms in Nigeria:- Ononogbo, Noble C
Abstract
The
study investigated the effect ofliquidity management in the profitability
ofselected manufacturing firms in Nigeria with specific objectives to establish
the effect of debtors collection period creditors payment period and cash
conversion cycle on profitability ne study adopted the ex-post facta research
design and therefore extracted data from selected
manufacturingfirmsfmmTOOS-goiy.TheresearcherusedketumonAssetsasdependentvariableand
creditors Payment penod, Debtors collection Period and Cash Conversion Cycle
where engaged each as proxies for Liquidity management The study hod a simple
regression analysis to estimate the relationship of the variables. The resuit
established from the findings is that oil the liquidity monogement proxies has
no significant effect on the return an assets. The study concludes that
liquidity management has no significant effect on the nrnfitnhiiitx, d t L . ,
„ . , ’ t profitability of manufacturing firms and industries and therefore
recommends that manufacturing firms should maintain a moderate level of
nguidity that does not threaten them going concern status and yet allows them
to make adequate profits on theirinvestments.
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NOBLE, C (2024). ‘Effect of Liquidity Management in the Profitability of Selected Manufacturing Firms in Nigeria:- Ononogbo, Noble C. Repository.mouau.edu.ng: Retrieved Sep 07, 2024, from https://repository.mouau.edu.ng/work/view/effect-of-liquidity-management-in-the-profitability-of-selected-manufacturing-firms-in-nigeria-ononogbo-noble-c-7-2
CHUKWUBUIKE, NOBLE. "‘Effect of Liquidity Management in the Profitability of Selected Manufacturing Firms in Nigeria:- Ononogbo, Noble C" Repository.mouau.edu.ng. Repository.mouau.edu.ng, 26 Jul. 2024, https://repository.mouau.edu.ng/work/view/effect-of-liquidity-management-in-the-profitability-of-selected-manufacturing-firms-in-nigeria-ononogbo-noble-c-7-2. Accessed 07 Sep. 2024.
CHUKWUBUIKE, NOBLE. "‘Effect of Liquidity Management in the Profitability of Selected Manufacturing Firms in Nigeria:- Ononogbo, Noble C". Repository.mouau.edu.ng, Repository.mouau.edu.ng, 26 Jul. 2024. Web. 07 Sep. 2024. < https://repository.mouau.edu.ng/work/view/effect-of-liquidity-management-in-the-profitability-of-selected-manufacturing-firms-in-nigeria-ononogbo-noble-c-7-2 >.
CHUKWUBUIKE, NOBLE. "‘Effect of Liquidity Management in the Profitability of Selected Manufacturing Firms in Nigeria:- Ononogbo, Noble C" Repository.mouau.edu.ng (2024). Accessed 07 Sep. 2024. https://repository.mouau.edu.ng/work/view/effect-of-liquidity-management-in-the-profitability-of-selected-manufacturing-firms-in-nigeria-ononogbo-noble-c-7-2