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Help
If you have any questions, you are always welcome to contact us. We'll get back to you as soon as possible, withing 24 hours on weekdays.
Customer service
All questions about your order, return and delivery must be sent to our customer service team by e-mail at yourstore@yourdomain.com
Sale & Press
If you are interested in selling our products, need more information about our brand or wish to make a collaboration, please contact us at press@yourdomain.com
The term working capital is defined as a firms total investment in current assets. Some defined it as firms current asset minus current liabilities. The capital required for the day to day operations of the business is called working capital. Working capital management is an integral component of the overall corporate strategy to create shareholder value (Abor 2004).Working capital management deals with current assets and current liabilities (Nasr and Rehaman2007). Eljelly (2004) defines that working capital management involves planning and controlling current assets and liabilities to meet the short term obligation without any delay. Efficiency of working capital management is a serious issue especially to manufacturing firms whose assets are mostly composed of current assets(Horne and Wachowitz,1998). There are many ways to improve the profitability of companies; working capital management is one of the important tools in the hand of financial manager to increase the profitability. Corporate sectors in foreign countries shows there is greater link between working capital management and profitability. By increasing or decreasing the working capital, corporate sectors have influe
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birth defects, or other reproductive harm.
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