WORKING CAPITAL MANAGEMENT COMPARATIVE ANALYSIS IN TERM OF SECTORIAL GROUP

Abstract

This study made a comparative analysis on working capital management in term of sectorial groups for a sample of 29 ISE listed companies (production, retails and technology sectors) during 2008-2016. The results from one way ANOVA analysis found that the models are significant in all tests on this study. The model which current ratio is dependent variable represent that, the mean value of current ratio on retail sector is the lowest which is not expected. On other ANOVA tables production, retailars and technology sectors have the lowest debt ratio, interest coverage ratio and CCC period respectively. The final ANVOA test indicate that, manufacturing sector has the highest ROA and ROE compare to other sectors.