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Research Paper | Management | India | Volume 6 Issue 10, October 2017 | Popularity: 6.9 / 10

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Working Capital Management of Manufacturing Companies Listed in GCC

Dr. Jeena Ann John

Abstract: The present research studies the effect of the components of the working capital over the performance of 23 manufacturing firms listed in Gulf Cooperation Council (GCC). The working capital components, namely capital gearing ratio, current assets to current liabilities, inventory holding period, the size of the firm and cash turnover ratio were used to access the profitability of manufacturing companies. Database of 23 companies is randomly selected from the Gulfbase. com site for 6 year period from 2009-2014. The result of the study indicates that manufacturing companies has massively investmented cash in working capital By using multiple regression models, it shows that there are no significant relations between the size of the firm to Gross Profit Ratio, Operating profit margin for average collection period and CA_TA to ROA. In other words, management can increase the profitability by focusing on Capital Gearing Ratios

Keywords: Working Capital, Profitability, Gearing Ratio, ROA, GCC

Edition: Volume 6 Issue 10, October 2017

Pages: 121 - 125

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