Title: Working Capital Management and Firm Valuation In Nigeria
Authors: Ajinomisanghan Gbubemi Sarah And Ehiedu, Victor C Ph.D
Volume: 9
Issue: 5
Pages: 108-112
Publication Date: 2025/05/28
Abstract:
Effective working capital management is crucial for success and sustainability of listed pharmaceutical firms in Nigeria. The specific objectives are to determine the effect of average collection period(ACP) average payment period(APP),cash conversion cycle(CCC) and inventory conversion period(ICP)on value of listed manufacturing firms in Nigeria. The study conclude that working capital management has significant effect on firm's value of listed pharmaceutical firm