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The Impact of Cash Conversion Cycle on Firm Profitability: Evidence from Nigerian Listed Telecommunication Companies

Received: 25 August 2016    Accepted: 22 September 2016    Published: 17 November 2016
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Abstract

The objective of this study is to empirically find the effect of cash conversion cycle on corporate profitability of the ICT firms listed on the floor of the Nigerian Stock Exchange. Data are collected from all the listed firms from 2010 to 2014. The data are analyzed using multiple linear regression analysis and the robustness check shows that the data are normal. The findings indicate significant positive relationship between cash conversion cycle and corporate profitability.

Published in Journal of Finance and Accounting (Volume 4, Issue 6)
DOI 10.11648/j.jfa.20160406.15
Page(s) 342-350
Creative Commons

This is an Open Access article, distributed under the terms of the Creative Commons Attribution 4.0 International License (http://creativecommons.org/licenses/by/4.0/), which permits unrestricted use, distribution and reproduction in any medium or format, provided the original work is properly cited.

Copyright

Copyright © The Author(s), 2024. Published by Science Publishing Group

Keywords

Cash Conversion Cycle, Inventory, Receivables, Payables, Profitability

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Cite This Article
  • APA Style

    Murtala Zakari, Sani Saidu. (2016). The Impact of Cash Conversion Cycle on Firm Profitability: Evidence from Nigerian Listed Telecommunication Companies. Journal of Finance and Accounting, 4(6), 342-350. https://doi.org/10.11648/j.jfa.20160406.15

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    ACS Style

    Murtala Zakari; Sani Saidu. The Impact of Cash Conversion Cycle on Firm Profitability: Evidence from Nigerian Listed Telecommunication Companies. J. Finance Account. 2016, 4(6), 342-350. doi: 10.11648/j.jfa.20160406.15

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    AMA Style

    Murtala Zakari, Sani Saidu. The Impact of Cash Conversion Cycle on Firm Profitability: Evidence from Nigerian Listed Telecommunication Companies. J Finance Account. 2016;4(6):342-350. doi: 10.11648/j.jfa.20160406.15

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  • @article{10.11648/j.jfa.20160406.15,
      author = {Murtala Zakari and Sani Saidu},
      title = {The Impact of Cash Conversion Cycle on Firm Profitability: Evidence from Nigerian Listed Telecommunication Companies},
      journal = {Journal of Finance and Accounting},
      volume = {4},
      number = {6},
      pages = {342-350},
      doi = {10.11648/j.jfa.20160406.15},
      url = {https://doi.org/10.11648/j.jfa.20160406.15},
      eprint = {https://article.sciencepublishinggroup.com/pdf/10.11648.j.jfa.20160406.15},
      abstract = {The objective of this study is to empirically find the effect of cash conversion cycle on corporate profitability of the ICT firms listed on the floor of the Nigerian Stock Exchange. Data are collected from all the listed firms from 2010 to 2014. The data are analyzed using multiple linear regression analysis and the robustness check shows that the data are normal. The findings indicate significant positive relationship between cash conversion cycle and corporate profitability.},
     year = {2016}
    }
    

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    T1  - The Impact of Cash Conversion Cycle on Firm Profitability: Evidence from Nigerian Listed Telecommunication Companies
    AU  - Murtala Zakari
    AU  - Sani Saidu
    Y1  - 2016/11/17
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    N1  - https://doi.org/10.11648/j.jfa.20160406.15
    DO  - 10.11648/j.jfa.20160406.15
    T2  - Journal of Finance and Accounting
    JF  - Journal of Finance and Accounting
    JO  - Journal of Finance and Accounting
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    EP  - 350
    PB  - Science Publishing Group
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    UR  - https://doi.org/10.11648/j.jfa.20160406.15
    AB  - The objective of this study is to empirically find the effect of cash conversion cycle on corporate profitability of the ICT firms listed on the floor of the Nigerian Stock Exchange. Data are collected from all the listed firms from 2010 to 2014. The data are analyzed using multiple linear regression analysis and the robustness check shows that the data are normal. The findings indicate significant positive relationship between cash conversion cycle and corporate profitability.
    VL  - 4
    IS  - 6
    ER  - 

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Author Information
  • Department of Business Administration, Faculty of Administration, Ahmadu Bello University, Zaria, Nigeria

  • Department of Accounting, Faculty of Administration, Ahmadu Bello University, Zaria, Nigeria

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