The traditional link between the cash conversion cycle and the firm's profitability is that shortening the cash … conversion cycle increases firm's profitability. On the other hand shortening the cash conversion cycle could harm the firm …'s operations and reduces profitability. However, identifying optimal levels of inventory, receivables, and payables where total …

. This study investigates the relationship between aggressive/conservative working capital practices and profitability as … 2004-2008. The results indicate a negative relationship between profitability measures and working capital aggressiveness …

The purpose of this research is to investigate the effect of working capital management on firm's profitability. Using … managers can increase profitability by managing working capital efficiently. Moreover, managers can improve firms …' profitability by shortening receivable conversion period and inventory conversion period. The analysis is applied at the level of …

examine the role of business cycles on the working capital-profitability relationship using a sample of Finnish listed … companies over an 18 year period. We find the impact of business cycle on the working capital-profitability relationship is more …

This study empirically examines the relationship between working capital management and profitability of ACC Cement … profitability during the period 1999-2000 to 2009-10. The impact of working capital management on profitability is analyzed by … between working capital management and firm's profitability. It can be said that there exists a relationship between the …

This paper aims to examine the relationship between the efficiency of working capital management and profitability of … negative and significant relation between the net trade cycle and profitability of construction firms during crisis periods …

of this correlation on the firms' profitability. If cash flow is the preferred source for financial provision of … profitability …

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 …

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 …