{"title":"İŞLETME SERMAYESİ UNSURLARININ FİRMA KARLILIĞI ÜZERİNDEKİ ETKİSİ: BİST DEMİR ÇELİK METAL ANA SANAYİ SEKTÖRÜ ÖRNEĞİ","authors":"Sibel Yılmaz Türkmen, Yakup Söylemez","doi":"10.33203/MFY.431831","DOIUrl":null,"url":null,"abstract":"This study aims to examine the effects of working capital management on firm’s profitability. We used data from firms operating in Iron and Steel Industry sector listed on Borsa Istanbul for the period 2010-2017. The results show that current ratio has a negative correlation with profitability. In this study, positive and significant relationships were determined between the asset profitability and the acid test ratio, the cash ratio, the current assets/total assets ratio, the turnover rate of the operating capital and the turnover rate of the receivables. These findings imply that finance managers can increase profitability of firms by managing their working capital in an efficient way.","PeriodicalId":177389,"journal":{"name":"Maliye Finans Yazıları","volume":"43 1","pages":"0"},"PeriodicalIF":0.0000,"publicationDate":"2019-04-30","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":"4","resultStr":null,"platform":"Semanticscholar","paperid":null,"PeriodicalName":"Maliye Finans Yazıları","FirstCategoryId":"1085","ListUrlMain":"https://doi.org/10.33203/MFY.431831","RegionNum":0,"RegionCategory":null,"ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":null,"EPubDate":"","PubModel":"","JCR":"","JCRName":"","Score":null,"Total":0}
İŞLETME SERMAYESİ UNSURLARININ FİRMA KARLILIĞI ÜZERİNDEKİ ETKİSİ: BİST DEMİR ÇELİK METAL ANA SANAYİ SEKTÖRÜ ÖRNEĞİ
This study aims to examine the effects of working capital management on firm’s profitability. We used data from firms operating in Iron and Steel Industry sector listed on Borsa Istanbul for the period 2010-2017. The results show that current ratio has a negative correlation with profitability. In this study, positive and significant relationships were determined between the asset profitability and the acid test ratio, the cash ratio, the current assets/total assets ratio, the turnover rate of the operating capital and the turnover rate of the receivables. These findings imply that finance managers can increase profitability of firms by managing their working capital in an efficient way.