The effectiveness of working capital management in a contractor company: a case of Gentawang Sdn Bhd / Puteri Nahzatulshima Megat Ismail

The need to main effective working capital management within company remain pivotal to solvency and liquidity. Most company do not care about their working capital position, most have only little regard for their working capital position and most do not even have standard credit policy. Many do not...

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Main Author: Megat Ismail, Puteri Nahzatulshima
Format: Thesis
Language:English
Published: 2014
Subjects:
Online Access:https://ir.uitm.edu.my/id/eprint/14326/1/14326.pdf
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id my-uitm-ir.14326
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spelling my-uitm-ir.143262022-04-01T03:17:47Z The effectiveness of working capital management in a contractor company: a case of Gentawang Sdn Bhd / Puteri Nahzatulshima Megat Ismail 2014-06 Megat Ismail, Puteri Nahzatulshima Working capital Investment, capital formation, speculation The need to main effective working capital management within company remain pivotal to solvency and liquidity. Most company do not care about their working capital position, most have only little regard for their working capital position and most do not even have standard credit policy. Many do not care about their financial position, they only run business, and they mostly focus on cash receipt and what their bank account position is. For the purpose of this study, standard working capital ratios were used to measure the effectiveness of working capital in Gentawang Sdn Bhd. The firms selected show signs of overtrading and illiquidity, concerns was on profit maximization without taken cognizance of payment of creditors. The firms exhibit low debt recovery over credit payment. It is recommended that for company to survive within Malaysia economy they must design a standard credit policy and ensure good financial report and control system. They must give adequate cognizance to the management of their working capital to ensure continuity, growth and solvency. 2014-06 Thesis https://ir.uitm.edu.my/id/eprint/14326/ https://ir.uitm.edu.my/id/eprint/14326/1/14326.pdf text en public mphil masters Universiti Teknologi MARA Faculty of Accountancy Nawawi, Anuar (Dr.)
institution Universiti Teknologi MARA
collection UiTM Institutional Repository
language English
advisor Nawawi, Anuar (Dr.)
topic Working capital
Working capital
spellingShingle Working capital
Working capital
Megat Ismail, Puteri Nahzatulshima
The effectiveness of working capital management in a contractor company: a case of Gentawang Sdn Bhd / Puteri Nahzatulshima Megat Ismail
description The need to main effective working capital management within company remain pivotal to solvency and liquidity. Most company do not care about their working capital position, most have only little regard for their working capital position and most do not even have standard credit policy. Many do not care about their financial position, they only run business, and they mostly focus on cash receipt and what their bank account position is. For the purpose of this study, standard working capital ratios were used to measure the effectiveness of working capital in Gentawang Sdn Bhd. The firms selected show signs of overtrading and illiquidity, concerns was on profit maximization without taken cognizance of payment of creditors. The firms exhibit low debt recovery over credit payment. It is recommended that for company to survive within Malaysia economy they must design a standard credit policy and ensure good financial report and control system. They must give adequate cognizance to the management of their working capital to ensure continuity, growth and solvency.
format Thesis
qualification_name Master of Philosophy (M.Phil.)
qualification_level Master's degree
author Megat Ismail, Puteri Nahzatulshima
author_facet Megat Ismail, Puteri Nahzatulshima
author_sort Megat Ismail, Puteri Nahzatulshima
title The effectiveness of working capital management in a contractor company: a case of Gentawang Sdn Bhd / Puteri Nahzatulshima Megat Ismail
title_short The effectiveness of working capital management in a contractor company: a case of Gentawang Sdn Bhd / Puteri Nahzatulshima Megat Ismail
title_full The effectiveness of working capital management in a contractor company: a case of Gentawang Sdn Bhd / Puteri Nahzatulshima Megat Ismail
title_fullStr The effectiveness of working capital management in a contractor company: a case of Gentawang Sdn Bhd / Puteri Nahzatulshima Megat Ismail
title_full_unstemmed The effectiveness of working capital management in a contractor company: a case of Gentawang Sdn Bhd / Puteri Nahzatulshima Megat Ismail
title_sort effectiveness of working capital management in a contractor company: a case of gentawang sdn bhd / puteri nahzatulshima megat ismail
granting_institution Universiti Teknologi MARA
granting_department Faculty of Accountancy
publishDate 2014
url https://ir.uitm.edu.my/id/eprint/14326/1/14326.pdf
_version_ 1783733254907494400