Working Capital Management and Profitability of Sembule Steel Mills Ltd, Kampala- Uganda.
| dc.contributor.author | Kubana, Valerie | |
| dc.date.accessioned | 2020-07-28T09:32:12Z | |
| dc.date.available | 2020-07-28T09:32:12Z | |
| dc.date.issued | 2013-05 | |
| dc.description | A research report Presented to the College of Economics and Management Kampala International University Kampala, Uganda in Partial Fulfillment of the Requirements for the Bachelors of Business Administration, Marketing Option. | en_US |
| dc.description.abstract | The study examined the relationship between working capital management and profitability of manufacturing firms and it was based on four specific objectives: (a) to determine the demographic characteristics of the respondents in terms of age, gender, educational qualifications, and years in the present position; (b) to determine the current level of working capital management of the firms; (c) to determine the extent of profitability; and (d) to establish if there is a significant relationship between the levels of working capital management and the extent of profitability of selected manufacturing firms. The study employed a descriptive correlation research design. SAQ were used to collect primary data from 100 out of 134 employees, using simple random sampling. Data analysis was done using SPSS's frequencies and percentages; means and PLCC.Findings revealed that majority of the respondents were male, falling in the age bracket of 20 - 30 years, with bachelor's degree, and experience between 2 - 4 years. Also means and standard deviation showed that the level of both working capital management and profitability of the manufacturing firms were satisfactory. PLCC revealed a positive and significant relationship between working capital and profitability in the selected manufacturing firms while regression analysis showed that working capital contribute 49.6% to profitability. Basing on the above findings, the researcher made the following recommendations: (i) Manufacturing firms need to install automatic methods of inventory management and use bin cards to improve their efficiency and effectiveness; (ii) internal control system be strengthened i.e authorization, physical checking, and dispatch of goods should be controlled to ensure proper management of inventory management; (iii) firms should control costs in order to minimize the losses and (iv) firms should keep the price/earnings ratio of the organization high in order to optimise the working capital high. | en_US |
| dc.identifier.uri | http://hdl.handle.net/20.500.12306/11812 | |
| dc.language.iso | en | en_US |
| dc.publisher | Kampala International University, College of Economics and Management Sciences . | en_US |
| dc.subject | Working Capital Management | en_US |
| dc.subject | Profitability | en_US |
| dc.subject | Steel Mills | en_US |
| dc.subject | Kampala- Uganda | en_US |
| dc.title | Working Capital Management and Profitability of Sembule Steel Mills Ltd, Kampala- Uganda. | en_US |
| dc.type | Other | en_US |