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ABSTRACT
The focus of this project is to examine cash conversion cycle and profitability of firms in Nigeria
This study used the ordinary least square (OLS) to analysed the data which was collected through the secondary source for a five-year period (2014-2018).
From the analysis, the findings of the study reveal that there is a significant relationship between days of account receivable, days of inventory held and cash conversion all on firm’s profitability. The study also reveals that days of account payable was insignificantly related to profitability of firms in Nigeria. Based on the aforementioned findings, the study recommends that standard policy guidelines be set to promote working capital adoption especially in the full implementation of its policies
