Working capital is a financial measure that interprets operating liquidity available to a business, organization or other entity and is counted a part of operating capital. The importance of working capital management is irrefutable. Moreover, the recognition of determinants of working capital is crucial as to take proper measures regarding the management of each component of working capital. The main reason behind the failure of many businesses is the incapability of firms financial managers to properly managing their current assets and liabilities (Smith, 1973). The present study will see...
Working capital is a financial measure that interprets operating liquidity available to a business, organization or other entity and is counted a part...