EFFECTS OF WORKING CAPITAL MANAGEMENT ON PROFITABILITY OF MANUFACTURING FIRMS IN CAMEROON
Abstract - Working capital management involves the management of the foremost liquid resources of the firm which has money and money equivalents, inventories, trade debtors and alternative assets. Most corporations don't guarantee best level of capital and this has been a significant obstacle to their overall gain. The study examined the impact of capital management on the gain of producing corporations listed on the Cameroonian securities market market. Correlation and ex-post facto analysis styles were employed in a sample of ten producing corporations. Secondary knowledge for a amount of vi years (2011-2016) was used, general method of least squares (GLS) multiple correlation was utilized in knowledge analysis. The study found that capital management (account assets assortment management, accounts liabilities management, money conversion cycle management) features a vital impact on the gain of listed producing corporations in Cameroon. it's thus counseled among others that managers ought to specialise in assembling owed as before long as attainable as a result of it's higher to receive inflows earlier than later, and delay payment of creditors so as to speculate the cash in short securities that area unit profitable. Also, the money conversion cycle ought to be elongated to the extent that it maximizes profit.
Keywords - Capital, Management, Assets, Money, Inventories, Trade, Corporations, Correlation, Ex-Post Facto, Liabilities, Creditors, Profit, Etc