The Effect of Working Capital Management Efficiency on the Operating Performance of the Industrial Companies in Oman

Syed Ahsan Jamil; Mawih Kareem Al Ani; Faris Nasif Al Shubiri

EN

The Effect of Working Capital Management Efficiency on the Operating Performance of the Industrial Companies in Oman

Abstract

The aim of this study is to examine the effect of working capital management efficiency on the operating performance of industrial companies listed in the Muscat Securities Exchange (MSM) in Sultanate of Oman. The study employed an explanatory non-experimental research design. 37 out of 48 industrial companies listed in the MSM were taken. The study used the data contained in the annual reports of these companies for the period 2009-2013. The working capital management efficiency is measured working capital ratios such as cash conversion cycle (CCC), current ratio (CR), current assets turnover (CAT), net working capital ratio (NWCR), while the operation performance is measured by net operating profit (NOP) and earnings before interest and tax (EBIT). The regression results revealed that the first model is significant and there are only CCC and NWCR have impact on the NOP, but the second model is insignificant.

Keywords

Working Capital Management Efficiency, Operating Performance, Working Capital Ratios

Details

Primary Language

English

Subjects

-

Journal Section

-

Authors

Syed Ahsan Jamil This is me

Mawih Kareem Al Ani This is me

Faris Nasif Al Shubiri This is me

Publication Date

December 1, 2015

Submission Date

December 1, 2015

Acceptance Date

-

Published in Issue

Year 2015 Volume: 5 Number: 4

IZ

https://izlik.org/JA75TD64LF

Cite

RIS / Bibtex

APA

Jamil, S. A., Ani, M. K. A., & Shubiri, F. N. A. (2015). The Effect of Working Capital Management Efficiency on the Operating Performance of the Industrial Companies in Oman. International Journal of Economics and Financial Issues, 5(4), 897-904. https://izlik.org/JA75TD64LF

AMA

1.Jamil SA, Ani MKA, Shubiri FNA. The Effect of Working Capital Management Efficiency on the Operating Performance of the Industrial Companies in Oman. IJEFI. 2015;5(4):897-904. https://izlik.org/JA75TD64LF

Chicago

Jamil, Syed Ahsan, Mawih Kareem Al Ani, and Faris Nasif Al Shubiri. 2015. “The Effect of Working Capital Management Efficiency on the Operating Performance of the Industrial Companies in Oman”. International Journal of Economics and Financial Issues 5 (4): 897-904. https://izlik.org/JA75TD64LF.

EndNote

Jamil SA, Ani MKA, Shubiri FNA (December 1, 2015) The Effect of Working Capital Management Efficiency on the Operating Performance of the Industrial Companies in Oman. International Journal of Economics and Financial Issues 5 4 897–904.

IEEE

[1]S. A. Jamil, M. K. A. Ani, and F. N. A. Shubiri, “The Effect of Working Capital Management Efficiency on the Operating Performance of the Industrial Companies in Oman”, IJEFI, vol. 5, no. 4, pp. 897–904, Dec. 2015, [Online]. Available: https://izlik.org/JA75TD64LF

ISNAD

Jamil, Syed Ahsan - Ani, Mawih Kareem Al - Shubiri, Faris Nasif Al. “The Effect of Working Capital Management Efficiency on the Operating Performance of the Industrial Companies in Oman”. International Journal of Economics and Financial Issues 5/4 (December 1, 2015): 897-904. https://izlik.org/JA75TD64LF.

JAMA

1.Jamil SA, Ani MKA, Shubiri FNA. The Effect of Working Capital Management Efficiency on the Operating Performance of the Industrial Companies in Oman. IJEFI. 2015;5:897–904.

MLA

Jamil, Syed Ahsan, et al. “The Effect of Working Capital Management Efficiency on the Operating Performance of the Industrial Companies in Oman”. International Journal of Economics and Financial Issues, vol. 5, no. 4, Dec. 2015, pp. 897-04, https://izlik.org/JA75TD64LF.

Vancouver

1.Syed Ahsan Jamil, Mawih Kareem Al Ani, Faris Nasif Al Shubiri. The Effect of Working Capital Management Efficiency on the Operating Performance of the Industrial Companies in Oman. IJEFI [Internet]. 2015 Dec. 1;5(4):897-904. Available from: https://izlik.org/JA75TD64LF