Impact of Working Capital Management on Performance Micro Small Medium Enterprise using Digital Financial Services

Abstract

The study investigate the relationship between Working Capital Management elements and how they affect sugar firm’s financial performance. For this objective, secondary data is taken out of annual reports of sugar companies listed from 2017 to 2021 on the Pakistan stock exchange. The study has consider profitability, inventory, account receivable, accounts payable and cash conservation cycle factors that are taken into accounts. The findings of this research the Working Capital Management is significantly affects in the sugar companies of financial performance. Fund managers should place emphasis on both the acquisition and the use of capital as effective and efficient profitability can result from good working capital management. It will help to generate value for the stockholders