The Impact of Working Capital Management on Firm Profitability: A Comparison Between Seasonal and Non-Seasonal Businesses

Ahmed Chand


The study examines the impact of working capital management (cash conversion cycle) on firm profitability and provides a comparison between seasonal and non-seasonal businesses of Pakistan by using the time period of 5 years (2013-2018). The study finds a negative impact of working capital management on firm profitability. Moreover, the study finds no difference between seasonal and non-seasonal businesses in terms of working capital management and firm profitability. The study suggests reducing the length of cash conversion cycle to increase profitability.

Keywords: Return on Asset, Working Capital Management, Profitability, Earnings per share

DOI: 10.7176/RJFA/10-15-02

Publication date: August 31st 2019

Full Text: PDF
Download the IISTE publication guideline!

To list your conference here. Please contact the administrator of this platform.

Paper submission email:

ISSN (Paper)2222-1697 ISSN (Online)2222-2847

Please add our address "" into your email contact list.

This journal follows ISO 9001 management standard and licensed under a Creative Commons Attribution 3.0 License.

Copyright ©