The effect of working capital management on profitability: The case of Small Medium and Micro Enterprises in South Africa
Samuel Tabot ENOW
The Journal of Accounting and Management,
working capital, cash conversion cycle, SMMEs, profitability
Working capital is vital in any business, especially in SMMEs, given that most of their assets are in the form of current assets. Management of working capital is vital in order to improve profitability of the business. This study investigated the effect working capital...