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WORKING CAPITAL MANAGEMENT STUDY OF THE CEMENT INDUSTRY OF PAKISTAN

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14 Pages : 156-170

http://dx.doi.org/10.31703/ger.2022(VII-II).14      10.31703/ger.2022(VII-II).14      Published : Jun 2022

Working Capital Management: Study of the Cement Industry of Pakistan

Abstract

    This article investigates how working capital influences firm profitability. Pakistan's cement industry. Further, the research analyses the Average Collection Period, Average Payment Period, Inventory Turnover in Days, and Cash Conversion Cycle's impact on profitability.This analysis utilizes annual reports from PSE cement businesses (PSX).It included firm info. Quantitative research uses two approaches. Models first. Pearson correlates variables. Second, regression analysis is to determine profitability, liquidity, and other variables' causes. Working capital management (WCM) increases profitability by positively affecting the cash conversion cycle, inventory turnover, and sales. Managers are asked to give WCM more thought. Management must know how much money to use for fixed assets and working capital. Poor working capital management results.

    Working Capital Management (WCM), Average Collection Period, Average Inventory Period, Average Payment Period, Cash Conversion Cycle

    (1) Muhammad Mahmood Shah Khan
    Assistant Professor, Department of Banking and Finance, Dr. Hasan Murad School of Management, University of Management and Technology (UMT), Lahore, Punjab, Pakistan.
    (2) Sana Mansoor
    Manager, Costing and Budgeting Shakham Industries Lahore, Punjab, Pakistan.
    (3) Sheikh Khurram Abid
    Lahore Business School, The University of Lahore, Punjab, Pakistan.
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Cite this article

APA

CHICAGO

    CHICAGO : Khan, Muhammad Mahmood Shah, Sana Mansoor, and Sheikh Khurram Abid. 2022. "Working Capital Management: Study of the Cement Industry of Pakistan." Global Economics Review, VII (II): 156-170 doi: 10.31703/ger.2022(VII-II).14

HARVARD

    HARVARD : KHAN, M. M. S., MANSOOR, S. & ABID, S. K. 2022. Working Capital Management: Study of the Cement Industry of Pakistan. Global Economics Review, VII, 156-170.

MHRA

    MHRA : Khan, Muhammad Mahmood Shah, Sana Mansoor, and Sheikh Khurram Abid. 2022. "Working Capital Management: Study of the Cement Industry of Pakistan." Global Economics Review, VII: 156-170

MLA

    MLA : Khan, Muhammad Mahmood Shah, Sana Mansoor, and Sheikh Khurram Abid. "Working Capital Management: Study of the Cement Industry of Pakistan." Global Economics Review, VII.II (2022): 156-170 Print.

OXFORD

    OXFORD : Khan, Muhammad Mahmood Shah, Mansoor, Sana, and Abid, Sheikh Khurram (2022), "Working Capital Management: Study of the Cement Industry of Pakistan", Global Economics Review, VII (II), 156-170

TURABIAN

    TURABIAN : Khan, Muhammad Mahmood Shah, Sana Mansoor, and Sheikh Khurram Abid. "Working Capital Management: Study of the Cement Industry of Pakistan." Global Economics Review VII, no. II (2022): 156-170. https://doi.org/10.31703/ger.2022(VII-II).14