Relationship Between Working Capital Management and Profitability: A Case of Tabreed (National Central Cooling Company PJSC)

dc.contributor.authorVenkatachalam, R.
dc.date.accessioned2022-04-21T10:31:11Z
dc.date.available2022-04-21T10:31:11Z
dc.date.copyright© 2017
dc.date.issued2017
dc.descriptionThis conference paper is not available at CUD collection. The version of scholarly record of this paper is published in Leadership, Innovation and Entrepreneurship as Driving Forces of the Global Economy. Springer Proceedings in Business and Economics (2017), available online at: https://doi.org/10.1007/978-3-319-43434-6_64en_US
dc.description.abstractWorking capital management is a function of management to decide the optimum level of the various items of working capital. Though the current assets do not help increasing productivity, they are very much important in carrying a successful business. Too much of working capital may lead to idle current assets and increase carrying cost of current assets and it reduces the profit. On the other hand, if too low working capital is maintained the business faces liquidity risk and may lead to bankruptcy. This study aims to investigate the relationship between profitability and the various components of current assets of Tabreed. Pearson simple correlation technique and multiple regression analysis were employed. The study showed that working capital turnover ratio, cash turnover ratio and debtors turnover ratio have positive association with return on investment and other ratios such as current ratio, quick ratio, current assets-to-total assets ratio, current assets-to-sales ratio, and inventory turnover ratio have negative association with profitability. © 2017, Springer International Publishing Switzerland.en_US
dc.identifier.citationVenkatachalam, R. (2017). Relationship between working capital management and profitability: A case of tabreed (national central cooling company PJSC). In R. Benlamri & M. Sparer (Eds.) Leadership, Innovation and Entrepreneurship as Driving Forces of the Global Economy. Springer Proceedings in Business and Economics (721–729). Springer, Cham. https://doi.org/10.1007/978-3-319-43434-6_64en_US
dc.identifier.isbn978-331943433-9
dc.identifier.issn21987246
dc.identifier.urihttp://hdl.handle.net/20.500.12519/541
dc.identifier.urihttps://doi.org/10.1007/978-3-319-43434-6_64
dc.language.isoenen_US
dc.publisherSpringer Science and Business Media B.V.en_US
dc.relationAuthors Affiliations : Venkatachalam, R., Canadian University of Dubai, Dubai, United Arab Emirates
dc.relation.ispartofseriesLeadership, Innovation and Entrepreneurship as Driving Forces of the Global Economy. Springer Proceedings in Business and Economics;
dc.rightsLicense to reuse the abstract has been secured from Springer Nature and Copyright Clearance Center.
dc.rights.holderCopyright : © 2017, Springer International Publishing Switzerland.
dc.rights.licenseLicense Number: 5292360240907 License date: Apr 19, 2022
dc.rights.urihttps://s100.copyright.com/CustomerAdmin/PLF.jsp?ref=a74a03d5-c316-4923-8778-78a7b1beed15
dc.subjectCapital working managementen_US
dc.subjectLiquidity risken_US
dc.subjectMultiple regression Analysisen_US
dc.subjectProfitabilityen_US
dc.titleRelationship Between Working Capital Management and Profitability: A Case of Tabreed (National Central Cooling Company PJSC)en_US
dc.typeConference Paperen_US
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