Working Capital Management and Firm's Profitability : The Case of Oil and Gas Industry in Nigeria

Working capital management optimization has been placed high among the series of corporate objectives that firms seek to achieve in recent times. This is because they are faced with challenges which include; shortage of working capital to support business expansion, inventory management practices that are not effective enough to customer service requirements, sub-optimal inventory ownership which poses financial strains on the firms. All these coupled with macroeconomic instability have made companies to seek the best working capital management techniques that will improve their corporate financial performance. This book shed more light on how working capital management has affected firm's performance and lessons to be learned.