Average Collection Period
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The Effect of Working Capital Management with Net Operating Profit of Manufacturing Companies
Abstract: This study attempts to show the impact of working capital management on operating profit for manufacturing organizations in order to reach profit targets and increase sales. Additionally, it seeks to determine whether working capital management significantly affects a company's operating net profit. Working capital management factors such as average collection period, daily balance turnover, average payment period, cash conversion cycle, and net exchange turnover of the business are considered in …
Published in International Journal of Trends in Humanities · Vol. 1, Issue 1, 2024 · pp. 29–36 Read article