THE IMPACT OF WORKING CAPITAL MANAGEMENT DRIVES ON PROFITABILITY IN THE CHEMICAL SECTOR OF PAKISTAN

Authors

  • Majid Mumtaz ...
  • Wisal Ahmad Department of Accounting & Finance, Abdul Wali Khan University Mardan
  • Waseem Raza
  • Adnan Sheikh Institute of Management Sciences, Peshawar.
  • Muhammad Adil Abdul Wali Khan University Mardan

Keywords:

Working Capital Management, GMM, Collection Period, Profitability

Abstract

The aim of this study is to find out the impact of working capital management’s drives on profitability in the Chemical Sector firms listed on the Pakistan Stock Exchange for the period of 2019-24. The positive and significant relationship between average collection period and profitability shows that chemical sector of Pakistan offer more time to customer for collection of debts amount, which in turn increases the levels of profitability. The negative and significant relationship between cash conversion cycle and profitability shows that shorter period in cash conversion cycle increases the chances of profitability.

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Published

2025-09-29

How to Cite

Majid Mumtaz, Wisal Ahmad, Waseem Raza, Adnan Sheikh, & Muhammad Adil. (2025). THE IMPACT OF WORKING CAPITAL MANAGEMENT DRIVES ON PROFITABILITY IN THE CHEMICAL SECTOR OF PAKISTAN. Journal of Management Science Research Review, 4(3), 1728–1737. Retrieved from https://jmsrr.com/index.php/Journal/article/view/167

Issue

Vol. 4 No. 3 (2025): Journal of Management Science Research Review

Section

Articles