Impact Of Working Capital Management On The Profitability Of Kenya Sugar Firms

Working capital management is a key issue in financial decision making since its overall goal is to ensure that a firm is able to continue its operations and that it has sufficient ability to satisfy both maturing short-term debt and upcoming operational expenses which directly affects the liquidity and eventual profitability of the company. Companies can thus use working capital management as an approach to influence their profitability. This project studied the impact of working capital management on the profitability of sugar firms in Kenya for a period of 10 years; financial years 2003-201…