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

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

Year 2015, Volume: 5 Issue: 4, 897 - 904, 01.12.2015

Syed Ahsan Jamil Mawih Kareem Al Ani Faris Nasif Al Shubiri

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

Year 2015, Volume: 5 Issue: 4, 897 - 904, 01.12.2015

Syed Ahsan Jamil Mawih Kareem Al Ani Faris Nasif Al Shubiri

Abstract

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Details

Other ID	JA67NG63CF
Journal Section	Research Article
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
Published in Issue	Year 2015 Volume: 5 Issue: 4

Cite

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.
AMA	Jamil SA, Ani MKA, Shubiri FNA. The Effect of Working Capital Management Efficiency on the Operating Performance of the Industrial Companies in Oman. IJEFI. December 2015;5(4):897-904.
Chicago	Jamil, Syed Ahsan, Mawih Kareem Al Ani, and Faris Nasif Al Shubiri. “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, no. 4 (December 2015): 897-904.
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	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, 2015.
ISNAD	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 5/4 (December 2015), 897-904.
JAMA	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, 2015, pp. 897-04.
Vancouver	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.