What is it about?

This study analysed inventory management emphasis and its possible effect on the financial sustainability of Nigerian quoted manufacturing firms. The study made use of the research design, ex-post-facto. The study focused on manufacturing firms and ten were purposely sampled from the Nigerian Stock Exchange. Secondary data were obtained from the annual financial reports of the selected manufacturing firms over a ten year period, 2008 to 2017. Descriptive statistics and inferential statistics (panel regression) were the analyses conducted for the study. The findings which emanated from the analysis indicated inventory turnover has a significant positive effect on financial sustainability. The conclusion of the study was that inventory management influences financial sustainability significantly. It also recommended that management of companies should develop and implement policies that will ensure good inventory management and also consider the policies of their suppliers and customers purchase patterns in order to have sustainable financial performance.

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Why is it important?

This work evaluates the relationship between inventory management and the financial sustainability of the organisation as going concerns.

Perspectives

Conducting this study was a great pleasure as it has co-authors with whom I have had long-standing collaborations. This article explores how financial reporting drives sustainability in organizations and a call on corporate managers to ensure proper financial reporting architecture in their corporate wall of influence.

Mr MARY-FIDELIS CHIDOZIEM ABIAHU
Nnamdi Azikiwe University

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This page is a summary of: INVENTORY MANAGEMENT AND FINANCIAL SUSTAINABILITY: INSIGHT FROM QUOTED MANUFACTURING FIRMS IN NIGERIA., International Journal of Managerial and Financial Accounting, January 2022, Inderscience Publishers,
DOI: 10.1504/ijmfa.2022.10043940.
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