Impact Of Working Capital Management On The Profitability Of Manufacturing Companies (A Case Study Of Nigeria Bottling Company Owerri, Imo State)
ABSTRACT
This research project focused on the impact of
working capital management in manufacturing company with a case study of the
Owerri Plant of Nigeria Bottling Company Plc. Data were obtained from Secondary
source. The Secondary data consist of information from annual reports,
financial reports, Journals, Textbooks and also work done previously' by
people. The data collected were analyzed using tables and percentage while the
hypotheses were tested with statistical techniques using social statistical
packages for social sciences (SPSS), pearson correlation and multiple
regressions. This work attempt to find out whether the company use cash
conversion cycle, debt conversion cycle and inventory to measure its
profitability, performance, efficiency and also to determine if effective
working capital management enhancing the profitability of the manufacturing
company. From the analysis carried out using correlation analysis and multiple
regression, (using 1% level of significance) which shows that the influence of
cash conversion cycle, debt conversion cycle, inventory and its profitability
is significant; I therefore recommend that companies should endeavor to
determine the optimum level of each of the components on working capital as
excess or shortage of it brings unfavourable condition to the company.
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IHEDIOHA, U (2021). Impact Of Working Capital Management On The Profitability Of Manufacturing Companies (A Case Study Of Nigeria Bottling Company Owerri, Imo State). Repository.mouau.edu.ng: Retrieved Nov 24, 2024, from https://repository.mouau.edu.ng/work/view/impact-of-working-capital-management-on-the-profitability-of-manufacturing-companies-a-case-study-of-nigeria-bottling-company-owerri-imo-state-7-2
UGOCHI, IHEDIOHA. "Impact Of Working Capital Management On The Profitability Of Manufacturing Companies (A Case Study Of Nigeria Bottling Company Owerri, Imo State)" Repository.mouau.edu.ng. Repository.mouau.edu.ng, 23 Nov. 2021, https://repository.mouau.edu.ng/work/view/impact-of-working-capital-management-on-the-profitability-of-manufacturing-companies-a-case-study-of-nigeria-bottling-company-owerri-imo-state-7-2. Accessed 24 Nov. 2024.
UGOCHI, IHEDIOHA. "Impact Of Working Capital Management On The Profitability Of Manufacturing Companies (A Case Study Of Nigeria Bottling Company Owerri, Imo State)". Repository.mouau.edu.ng, Repository.mouau.edu.ng, 23 Nov. 2021. Web. 24 Nov. 2024. < https://repository.mouau.edu.ng/work/view/impact-of-working-capital-management-on-the-profitability-of-manufacturing-companies-a-case-study-of-nigeria-bottling-company-owerri-imo-state-7-2 >.
UGOCHI, IHEDIOHA. "Impact Of Working Capital Management On The Profitability Of Manufacturing Companies (A Case Study Of Nigeria Bottling Company Owerri, Imo State)" Repository.mouau.edu.ng (2021). Accessed 24 Nov. 2024. https://repository.mouau.edu.ng/work/view/impact-of-working-capital-management-on-the-profitability-of-manufacturing-companies-a-case-study-of-nigeria-bottling-company-owerri-imo-state-7-2