Abstract:
In this paper investigate the relation between the length of the CCC and
the size of the firms, and the length of the CCC and profitability. The researcher
collected data of this study from the financial statements of the Companies listed on the
CSE for the year 2009. The researcher utilized ANOVA and correlation analyses for
empirical investigation. The major findings of the study are as follows. The lowest
mean value of the CCC is found in the Manufacturing Companies, with an average of
3S.99 days, and the highest mean value of the CCC is found in the textile Companies,
with an average of 163.33 days. There is a significant negative correlation between the
CCC and the variables; the firm size and the profitability. The findings of this paper are
based on a study conducted on the CSE. Hence, the results are not generaliseabIe to
non-listed companies.
