explain how working capital management affects profitability of Serbian companies measured by ROA indicator. In order to … profitability and accounts receivable turnover in days (ART), accounts payable turnover in days (APT) and inventory turnover in days … in days (CCC) and profitability. The issue of working capital management has not been sufficiently examined in the …

profitability of SMEs. Design/methodology/approach – The paper employs panel data regression analysis and a questionnaire survey on … results show that the management of accounts payable (AP) and accounts receivable (AR) is important for SMEs profitability … for SMEs profitability. Questionnaire results suggest that management of CCC and all its components is perceived as …

profitability of Small and Medium Enterprises (SMEs) listed on the Alternative Investment Market (AIM), from the perspective of … WCM practices has an effect on profitability. However, the results show that given the limited resources of SMEs, the main … profitability …

by the cash conversion cycle and profitability of Small and Medium Enterprises (SMEs). The paper employs panel data … empirical results show that there is a concave relationship between working capital level and firm profitability and that there … is an optimal working capital level at which firms' profitability is maximised. Furthermore, an examination as to whether …

for the period 1990-2004 (87030 firm-year observations). The results suggest that managers can increase profitability and … reducing profitability and operating cash flow of firms instead of increasing them …