{"id":"https://openalex.org/W606267334","doi":null,"title":"The effect of working capital management on profitability: the case of small medium and micro enterprises in South Africa","display_name":"The effect of working capital management on profitability: the case of small medium and micro enterprises in South Africa","publication_year":2014,"publication_date":"2014-12-20","ids":{"openalex":"https://openalex.org/W606267334","mag":"606267334"},"language":"en","primary_location":{"id":"pmh:oai:repository.uwc.ac.za:10566/3823","doi":null,"is_oa":true,"landing_page_url":"http://hdl.handle.net/10566/3823","pdf_url":"http://hdl.handle.net/10566/3823","source":{"id":"https://openalex.org/S4306400180","display_name":"UWC Research Repository (University of the Western Cape)","issn_l":null,"issn":null,"is_oa":false,"is_in_doaj":false,"is_core":false,"listed_in":[],"host_organization":"https://openalex.org/I869660684","host_organization_name":"University of the Western Cape","host_organization_lineage":["https://openalex.org/I869660684"],"host_organization_lineage_names":[],"type":"repository"},"license":"other-oa","license_id":"https://openalex.org/licenses/other-oa","version":"submittedVersion","is_accepted":false,"is_published":false,"raw_source_name":"","raw_type":"Article"},"volume":null,"type":"article","indexed_in":[],"open_access":{"is_oa":true,"oa_status":"green","oa_url":"http://hdl.handle.net/10566/3823","any_repository_has_fulltext":true},"authorships":[{"author_position":"first","author":{"id":"https://openalex.org/A5082013835","display_name":"Samuel Tabot Enow","orcid":"https://orcid.org/0000-0001-8060-3108","observed_orcids":["https://orcid.org/0000-0001-8060-3108","https://orcid.org/0000-0003-4178-4123"]},"institutions":[],"countries":[],"is_corresponding":false,"raw_author_name":"Samuel Tabot Enow","raw_affiliation_strings":[],"raw_orcid":"https://orcid.org/0000-0001-8060-3108","affiliations":[]},{"author_position":"last","author":{"id":"https://openalex.org/A5089806057","display_name":"Pradeep Brijlal","orcid":"https://orcid.org/0000-0003-4437-9545","observed_orcids":["https://orcid.org/0000-0003-4437-9545"]},"institutions":[],"countries":[],"is_corresponding":false,"raw_author_name":"Pradeep Brijlal","raw_affiliation_strings":[],"raw_orcid":"https://orcid.org/0000-0003-4437-9545","affiliations":[]}],"institutions":[],"countries_distinct_count":0,"institutions_distinct_count":0,"corresponding_author_ids":[],"corresponding_institution_ids":[],"apc_list":null,"apc_paid":null,"fwci":8.4831,"has_fulltext":true,"cited_by_count":32,"citation_normalized_percentile":{"value":0.97022832,"is_in_top_1_percent":false,"is_in_top_10_percent":true},"cited_by_percentile_year":{"min":88,"max":99},"biblio":{"volume":"4","issue":"2","first_page":"7","last_page":"15"},"is_retracted":false,"is_paratext":false,"is_xpac":false,"primary_topic":{"id":"https://openalex.org/T12544","display_name":"Working Capital and Financial Performance","score":1.0,"subfield":{"id":"https://openalex.org/subfields/1402","display_name":"Accounting"},"field":{"id":"https://openalex.org/fields/14","display_name":"Business, Management and Accounting"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}},"topics":[{"id":"https://openalex.org/T12544","display_name":"Working Capital and Financial Performance","score":1.0,"subfield":{"id":"https://openalex.org/subfields/1402","display_name":"Accounting"},"field":{"id":"https://openalex.org/fields/14","display_name":"Business, Management and Accounting"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}},{"id":"https://openalex.org/T10328","display_name":"Supply Chain and Inventory Management","score":0.0,"subfield":{"id":"https://openalex.org/subfields/1404","display_name":"Management Information Systems"},"field":{"id":"https://openalex.org/fields/14","display_name":"Business, Management and Accounting"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}},{"id":"https://openalex.org/T12123","display_name":"Financial Analysis and Corporate Governance","score":0.0,"subfield":{"id":"https://openalex.org/subfields/1402","display_name":"Accounting"},"field":{"id":"https://openalex.org/fields/14","display_name":"Business, Management and Accounting"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}}],"keywords":[{"id":"https://openalex.org/keywords/working-capital-management","display_name":"working capital management","score":1.0},{"id":"https://openalex.org/keywords/profitability","display_name":"profitability","score":0.9909999966621399},{"id":"https://openalex.org/keywords/small-and-medium-sized-enterprises","display_name":"small and medium-sized enterprises","score":0.9259999990463257},{"id":"https://openalex.org/keywords/microenterprises","display_name":"microenterprises","score":0.6990000009536743},{"id":"https://openalex.org/keywords/cash-conversion-cycle","display_name":"cash conversion cycle","score":0.7450000047683716},{"id":"https://openalex.org/keywords/accounts-receivable","display_name":"accounts receivable","score":0.8090000152587891},{"id":"https://openalex.org/keywords/inventory","display_name":"inventory","score":0.6639999747276306},{"id":"https://openalex.org/keywords/accounts-payable","display_name":"accounts payable","score":0.9470000267028809},{"id":"https://openalex.org/keywords/shareholder-value","display_name":"shareholder value","score":0.828000009059906},{"id":"https://openalex.org/keywords/south-africa","display_name":"South Africa","score":0.7730000019073486}],"concepts":[{"id":"https://openalex.org/C60679458","wikidata":"https://www.wikidata.org/wiki/Q823288","display_name":"Working capital","level":2,"score":0.9433258771896362},{"id":"https://openalex.org/C202451310","wikidata":"https://www.wikidata.org/wiki/Q328554","display_name":"Accounts receivable","level":2,"score":0.8234120607376099},{"id":"https://openalex.org/C162078301","wikidata":"https://www.wikidata.org/wiki/Q250058","display_name":"Accounts payable","level":3,"score":0.803092360496521},{"id":"https://openalex.org/C129361004","wikidata":"https://www.wikidata.org/wiki/Q2470236","display_name":"Profitability index","level":2,"score":0.8007487058639526},{"id":"https://openalex.org/C110000284","wikidata":"https://www.wikidata.org/wiki/Q1499557","display_name":"Cash conversion cycle","level":4,"score":0.7575322389602661},{"id":"https://openalex.org/C51966318","wikidata":"https://www.wikidata.org/wiki/Q730884","display_name":"Current asset","level":3,"score":0.5542718768119812},{"id":"https://openalex.org/C144133560","wikidata":"https://www.wikidata.org/wiki/Q4830453","display_name":"Business","level":0,"score":0.4766013026237488},{"id":"https://openalex.org/C162324750","wikidata":"https://www.wikidata.org/wiki/Q8134","display_name":"Economics","level":0,"score":0.41551411151885986},{"id":"https://openalex.org/C10138342","wikidata":"https://www.wikidata.org/wiki/Q43015","display_name":"Finance","level":1,"score":0.401479035615921},{"id":"https://openalex.org/C2778083465","wikidata":"https://www.wikidata.org/wiki/Q693464","display_name":"Cash","level":2,"score":0.338406503200531},{"id":"https://openalex.org/C166819830","wikidata":"https://www.wikidata.org/wiki/Q2025903","display_name":"Operating cash flow","level":3,"score":0.19027018547058105},{"id":"https://openalex.org/C145097563","wikidata":"https://www.wikidata.org/wiki/Q1148747","display_name":"Payment","level":2,"score":0.13385143876075745}],"mesh":[],"locations_count":3,"locations":[{"id":"pmh:oai:repository.uwc.ac.za:10566/3823","doi":null,"is_oa":true,"landing_page_url":"http://hdl.handle.net/10566/3823","pdf_url":"http://hdl.handle.net/10566/3823","source":{"id":"https://openalex.org/S4306400180","display_name":"UWC Research Repository (University of the Western Cape)","issn_l":null,"issn":null,"is_oa":false,"is_in_doaj":false,"is_core":false,"listed_in":[],"host_organization":"https://openalex.org/I869660684","host_organization_name":"University of the Western Cape","host_organization_lineage":["https://openalex.org/I869660684"],"host_organization_lineage_names":[],"type":"repository"},"license":"other-oa","license_id":"https://openalex.org/licenses/other-oa","version":"submittedVersion","is_accepted":false,"is_published":false,"raw_source_name":"","raw_type":"Article"},{"id":"pmh:oai:RePEc:dug:jaccma:y:2014:i:2:p:7-15","doi":null,"is_oa":false,"landing_page_url":"http://journals.univ-danubius.ro/index.php/jam/article/view/2316/2310","pdf_url":null,"source":{"id":"https://openalex.org/S4306401271","display_name":"RePEc: Research Papers in Economics","issn_l":null,"issn":null,"is_oa":false,"is_in_doaj":false,"is_core":false,"listed_in":[],"host_organization":"https://openalex.org/I77793887","host_organization_name":"Federal Reserve Bank of St. Louis","host_organization_lineage":["https://openalex.org/I77793887"],"host_organization_lineage_names":[],"type":"repository"},"license":null,"license_id":null,"version":"submittedVersion","is_accepted":false,"is_published":false,"raw_source_name":null,"raw_type":"article"},{"id":"mag:606267334","doi":null,"is_oa":false,"landing_page_url":"http://journals.univ-danubius.ro/index.php/jam/article/view/2316/2310","pdf_url":null,"source":{"id":"https://openalex.org/S2764523894","display_name":"The Journal of Accounting and Management","issn_l":null,"issn":null,"is_oa":false,"is_in_doaj":false,"is_core":false,"listed_in":[],"host_organization":null,"host_organization_name":null,"host_organization_lineage":[],"host_organization_lineage_names":[],"type":"journal"},"license":null,"license_id":null,"version":null,"is_accepted":false,"is_published":false,"raw_source_name":"The Journal of Accounting and Management","raw_type":null}],"best_oa_location":{"id":"pmh:oai:repository.uwc.ac.za:10566/3823","doi":null,"is_oa":true,"landing_page_url":"http://hdl.handle.net/10566/3823","pdf_url":"http://hdl.handle.net/10566/3823","source":{"id":"https://openalex.org/S4306400180","display_name":"UWC Research Repository (University of the Western Cape)","issn_l":null,"issn":null,"is_oa":false,"is_in_doaj":false,"is_core":false,"listed_in":[],"host_organization":"https://openalex.org/I869660684","host_organization_name":"University of the Western Cape","host_organization_lineage":["https://openalex.org/I869660684"],"host_organization_lineage_names":[],"type":"repository"},"license":"other-oa","license_id":"https://openalex.org/licenses/other-oa","version":"submittedVersion","is_accepted":false,"is_published":false,"raw_source_name":"","raw_type":"Article"},"sustainable_development_goals":[{"display_name":"Decent work and economic growth","id":"https://metadata.un.org/sdg/8","score":1.0}],"study_designs":[],"awards":[],"funders":[],"has_content":{"pdf":true,"grobid_xml":true},"content_urls":{"pdf":"https://content.openalex.org/works/W606267334.pdf","grobid_xml":"https://content.openalex.org/works/W606267334.grobid-xml"},"referenced_works_count":0,"referenced_works":[],"related_works":["https://openalex.org/W2332635342","https://openalex.org/W2130043984","https://openalex.org/W2570871293","https://openalex.org/W2259458328","https://openalex.org/W2574306785","https://openalex.org/W7006904411","https://openalex.org/W7223473261","https://openalex.org/W7056258120","https://openalex.org/W1582612773","https://openalex.org/W2566806369"],"abstract_inverted_index":{"Working":[0],"capital":[1,26,43,97],"is":[2,27],"vital":[3,28],"in":[4,8,17,29],"any":[5],"business,":[6],"especially":[7],"SMMEs,":[9,51],"given":[10],"that":[11],"most":[12],"of":[13,20,24,34,74,79,87],"their":[14],"assets":[15],"are":[16],"the":[18,35,40,54,57,100],"form":[19],"current":[21],"assets.":[22],"Management":[23],"working":[25,42,96],"order":[30],"to":[31],"improve":[32],"profitability":[33,105],"business.":[36],"This":[37],"study":[38],"investigated":[39],"effect":[41],"management":[44],"on":[45,53,56],"profitability,":[46],"using":[47,61],"fifteen":[48],"South":[49],"African":[50],"listed":[52],"Alt-X":[55],"JSE,":[58],"from":[59],"2008-2012,":[60],"a":[62,69],"multiple":[63],"regression":[64],"analysis.":[65],"The":[66],"results":[67],"show":[68],"positive":[70],"relationship":[71,84],"between":[72,85],"number":[73,78,86],"days":[75,88],"account":[76],"receivable,":[77],"day\u2019s":[80],"inventory":[81],"and":[82,90,98,106],"negative":[83],"payable":[89],"cash":[91,101],"convention":[92],"cycle.":[93],"Thus":[94],"minimizing":[95],"decreasing":[99],"conversion":[102],"cycle":[103],"increases":[104],"hence":[107],"shareholder":[108],"value.":[109]},"counts_by_year":[{"year":2025,"cited_by_count":1},{"year":2024,"cited_by_count":5},{"year":2023,"cited_by_count":3},{"year":2022,"cited_by_count":3},{"year":2021,"cited_by_count":11},{"year":2020,"cited_by_count":1},{"year":2019,"cited_by_count":1},{"year":2018,"cited_by_count":1},{"year":2017,"cited_by_count":2},{"year":2016,"cited_by_count":3},{"year":2015,"cited_by_count":1}],"updated_date":"2026-10-29T09:56:32.521200","created_date":"2016-06-24T00:00:00"}