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Workings of the operating cash cycle in the retailing sector

Please use this identifier to cite or link to this item: http://hdl.handle.net/1959.14/98970

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Title: Workings of the operating cash cycle in the retailing sector
Related: European journal of management, Vol. 10, No. 1January 1 (2010), p.95-99
Publisher: International Academy of Business and Economics (IABE)
Date: 2010
FoR/RFCD Code(s): 150300 Business and Management
Author/Creator: Croucher, John
Author/Creator: Nobhandhu, Maslada
Description: The study investigates the Operating Cash Cycle (the Cash Conversion Cycle) as an important element of how the Working Capital of an enterprise works, viewing it from an Operational Capacity perspective. Working Capital is a short-term measure of liquidity, but it is also a sustainable performance measure that all enterprises need to closely monitor in order to have a competitive advantage in any economic situation. The objective of this paper is to uncover any significant relationships between the Operating Cash Cycle and key performance ratios in Australian retailing companies. As the bottom line for any business is wealth of shareholders; therefore in this study, Free Cash Flow to Equity (FCFE) model is applied to support the selection of financial performance measures to be analyzed in relation to Operating Cash Cycle.
Description: 5 page(s)
Subject Keyword: 150300 Business and Management
Subject Keyword: Operating Cash cycle
Subject Keyword: working capital
Subject Keyword: financial performance ratios
Subject Keyword: Australian retailing
Resource Type: journal article
Organisation: Macquarie University. Macquarie Graduate School of Management

Identifier: http://hdl.handle.net/1959.14/98970
Identifier: ISSN:1555-4015
Identifier: mq-rm-2009010199
Language: eng
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