WORKING CAPITAL MANAGEMENT (WCM) is the most dynamic financial decision making aspect of every business entity as it involves the management of ever-changing and dynamic current assets and adjusting them with the level of sales and market demands. WCM being a major revenue-generating activity is...

In Sri Lankan context, manufacturing sector has been recognized as an important strategic sector for socio-economic development and provides a significant contribution to the growth of the economy (Press Note Annual Estimates of GDP, 2012, p.5). Hence, it plays a vital role, which determines the...

The efficient management of working capital is crucial to the profitability of firms, therefore, it is prudent that management of firms make available in the right amount, resources to manage working capital. The main objective of the study was to establish a statistical relationship between...