ABSTRACT
The study
examined the impact of working capital management on performance of corporate
firms, a study of Dangote Nigeria Pic. Secondary data was used for the analysis
sourced from Annual report of Dangote Nigeria Pic. Multiple regression of
ordinary least square (OLS) technique of analysis was used. The result from the
study revealed that cash conversion cycle was negative and had insignificant
impact on return on asset while, accounts payable was negative but had
significant impact on return on asset, it was also discovered that accounts
receivables was negative and had insignificant impact on return on asset. The
study therefore concludes that working capital management was negative and had
insignificant impact on the performance of Dangote Nigeria Pic, while the
following were recommended; that the management of Dangote Nigeria Pic should
improve on their cash flows, through the reduction of their cash conversion
cycle, and that there should be strong alliance between Dangote Nigeria Pic and
their suppliers because the alliance will strategically improve production
lines and strengthen their credit record for future expansion, that the
managers of Dangote Nigeria Pic should try to reduce their credit period in
order to enhance their performance, because if the collection period of
accounts receivable is greater, then there would be less profitability or
performance of the firm.
CHIKAMUCHE, P (2026). Impact Of Working Capital Management On Performance Of Corporate Firms. (A Study Of Dangote Nigeria Plc):- Chikamuche Chinwenwa P. Repository.mouau.edu.ng: Retrieved Feb 17, 2026, from https://repository.mouau.edu.ng/work/view/impact-of-working-capital-management-on-performance-of-corporate-firms-a-study-of-dangote-nigeria-plc-chikamuche-chinwenwa-p-7-2
PEACE, CHIKAMUCHE. "Impact Of Working Capital Management On Performance Of Corporate Firms. (A Study Of Dangote Nigeria Plc):- Chikamuche Chinwenwa P" Repository.mouau.edu.ng. Repository.mouau.edu.ng, 17 Feb. 2026, https://repository.mouau.edu.ng/work/view/impact-of-working-capital-management-on-performance-of-corporate-firms-a-study-of-dangote-nigeria-plc-chikamuche-chinwenwa-p-7-2. Accessed 17 Feb. 2026.
PEACE, CHIKAMUCHE. "Impact Of Working Capital Management On Performance Of Corporate Firms. (A Study Of Dangote Nigeria Plc):- Chikamuche Chinwenwa P". Repository.mouau.edu.ng, Repository.mouau.edu.ng, 17 Feb. 2026. Web. 17 Feb. 2026. < https://repository.mouau.edu.ng/work/view/impact-of-working-capital-management-on-performance-of-corporate-firms-a-study-of-dangote-nigeria-plc-chikamuche-chinwenwa-p-7-2 >.
PEACE, CHIKAMUCHE. "Impact Of Working Capital Management On Performance Of Corporate Firms. (A Study Of Dangote Nigeria Plc):- Chikamuche Chinwenwa P" Repository.mouau.edu.ng (2026). Accessed 17 Feb. 2026. https://repository.mouau.edu.ng/work/view/impact-of-working-capital-management-on-performance-of-corporate-firms-a-study-of-dangote-nigeria-plc-chikamuche-chinwenwa-p-7-2