Accounting of Optimum Working Capital in Pakistan.

      Аннотация: The persistence of this study is to scrutinize the relationship between working capital management and Sectors performance to determine their significance of working capital optimum where performance could be achieved maximum or minimum across the seven industrial sectors namely Cement, Food, Tobacco, Oil and Gas Exploration, Textile, Pharmaceutical and Fertilizer Sector. Panel data have been used of manufacturing sector in Pakistan (Karachi stock exchange index 100). The study reveals about the assigned levels of the each sector, with the help of quadric function. If each sectors will sustains their assigned level of working capital then they will get optimization level of the performance. Our result examined that, if manager sustain the given assigned level of cash conversion cycle and current ratio then they can know and achieve the optimize profits and also create positive value for shareholders by maximization of profit.

Ключевые слова: Profit after tax, cash, Conversion, Current ratio, Cycle