Deloof (2003), suggested that management of working capital has a positive association with profitability
; whereas, profitability
was found to have a negative association with receivables in the collection period.
Several of the studies cited here compare the performance of different measures of profitability
in predicting returns.
Mining and quarrying companies indicated the best profitability
results in 4Q2018 (76.9 percent).
In terms of profitability
in 2018 for the group surveyed, earnings before interest, taxes, depreciation and amortization (EBITDA) margin dropped slightly to 20.2 percent, and contingent revenue, as a percentage of revenue, fell one percentage point.
Specifically, this study aims to: (i) test the effect of working capital management on firms' profitability
, (ii) investigate the effect of firms' profitability
on sustainable growth, and (iii) analyze the effect of working capital management on sustainable growth as mediated by profitability
The paper does not consider all internal and external factors, but only whether bank size and change in ownership have an impact on profitability
. Hence, research objectives are to establish:
To verify the aforementioned relationships, this study attempts to examine the impacts of strategic cost management on firm profitability
of instant foods and convenience foods businesses in Thailand via mediating effects of cost advantage, cost leadership and cost efficiency.
have also harmed profitability
in much of the industry, Swiss Re said.
has become progressively more difficult as competition gets stiffer in the marketplace.
This drove a substantial improvement in underwriting profitability
, with reported combined ratio, a measure of profitability
for insurers, improving to 91 per cent for the first nine months of 2017, from 99 per cent and 105 per cent in 2016 and 2015 respectively.
The study will also describe the impact of various financial ratios on ROE which will also assist cement companies to work on their full potential and acquire large market share which will ultimately result in better profitability
. The research is concluded with the recommendations and suggestions for the selected companies and this study provides tool for companies to identify the main factors of the return on equity.
With the influx of 35 new branches this year, Silkbank is expected to further build its business momentum which will further add to its profitability