Ewah, Evelyn Bassey and Onyimba, Roseline Chizoba (2025) Impact of Receivable Management on Selected Pharmaceutical Firms in Nigeria. International Journal of Advanced Studies in Economics and Public Sector Management, 13 (1). pp. 444-455. ISSN 2354-421X
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Abstract
This study set out to empirically examine the effect of accounts receivable management on profitability of selected pharmaceutical firms listed on Nigerian stock exchange for the period, 2014-2018. Adopting the average collection period as independent variable and gross operating profit as dependent variable then controlled for liquidity, financial assets to total assets, size and leverage. The objective of was to investigate the impact of average collection period on profitability of selected pharmaceutical firms in Nigerian. Analysis was done, employing fixed effect model (FEM) after diagnosing the data. Findings from the study revealed that average collection period of selected firms in Nigerian had negative and significant impact on profitability. The result implies that firms can increase profitability measured by gross operating profit by shortening collection period of accounts receivable as tightfisted trade credit policy may lead to increase in cash flow and decrease in bad debt. Cash becomes free for other usages, and thus brings company with higher operating profitability.
| Item Type: | Article |
|---|---|
| Subjects: | H Social Sciences > HN Social history and conditions. Social problems. Social reform |
| Divisions: | Faculty of Management and Social Sciences |
| Depositing User: | mrs chioma hannah |
| Date Deposited: | 19 Aug 2025 11:10 |
| Last Modified: | 19 Aug 2025 11:10 |
| URI: | http://eprints.gouni.edu.ng/id/eprint/5083 |
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