Effect Of Cash Conversion Cycle Research Articles

Effect of Cash Conversion Cycle Management on the Profitability of Industrial and Domestic Product Firms in Nigeria

The study examined the effect of cash conversion cycle on the profitability of Industrial and Domestic product firms in Nigeria. Receivable ratio, payable ratio and Inventory ratio, were the variables studied in this study. Data were sourced from the annual reports of the selected Industrial and Domestic companies in Nigeria. Generalized least square multiple regression analytical tool was used to test the Hypotheses. The findings show that, AR and AP had significant positive effect on the industries’ profitability ratio at 1% level of significance. On the other hand, the industries’ INV had significant but negative effect on the profitability ratio at 1% level of significance.

Cash Conversion Cycle Management on the Financial Performance of Building Materials/Chemical and Paint Manufacturing Companies in Nigeria

The study examined the effect of cash conversion cycle on the Financial performance of Building materials/chemical and paint manufacturing companies in Nigeria. Cash conversion cycle, receivable ratio, payable ratio, and inventory ratio are the variables studied in this study. Data were sourced from the annual reports of Health care companies in Nigeria. Generalized Least square multiple regression analytical tool was used to test the Hypotheses. The findings show that, Inventory ratio and Accounts receivable ratio had significant and positive effect on firms profitability, accounts payable ratio and Cash conversion cycle had positive and nonsignificant effect on firms’ profitability.

Influence of Cash Conversion Cycle on Financial Performance of Coconut Oil Mills in Western Tamil Nadu

This study analyzed the effect of cash conversion cycle on financial performance of coconut oil mills in Western Tamil Nadu. The data were collected from 40 coconut oil mills in western Tamil Nadu for five-year period from 2009–10 to 2013–14. Based on the Overall Working Capital Management Efficiency Index, the coconut oil mills were classified as efficient (70 per cent) and inefficient (30 per cent) category. Regression results revealed thatthere was a significant influence of cash conversion cycle, liquidity of firm and capital structure on financial performance of coconut oil mills in Western Tamil Nadu.

The Impact of Cash Conversion Cycle on Firm Profitability: Evidence from Nigerian Listed Telecommunication Companies

The objective of this study is to empirically find the effect of cash conversion cycle on corporate profitability of the ICT firms listed on the floor of the Nigerian Stock Exchange. Data are collected from all the listed firms from 2010 to 2014. The data are analyzed using multiple linear regression analysis and the robustness check shows that the data are normal. The findings indicate significant positive relationship between cash conversion cycle and corporate profitability.