Working Capital Management and Financial Performance of Selected Supermarkets in Nairobi County, Ken

The goal of the study was to see how working capital management affected supermarket financial performance in Nairobi, Kenya. The particular goals were to determine the impact of quick ratio, creditor turnover, and inventory turnover on supermarket financial performance in Nairobi, Kenya. The study discovered that the fast ratio had a strong beneficial influence on the financial performance of Nairobi's supermarkets in Kenya, as evidenced by a probability value of 0.010 and a coefficient of 0.2928. According to the study, creditor turnover had a little impact on Nairobi's supermarket performance, as evidenced by a probability value of 0.802 and a coefficient of 0.0564. The study also discovered that inventory turnover had no influence on the financial performance of Nairobi's supermarkets in Kenya, as evidenced by a probability value of 0.107 and a coefficient of 0.1425. According to the findings, businesses should strive to maintain acceptable quick ratio levels. This is because a greater quick ratio is critical for a company's financial performance. Additional study on other elements of financial performance, such as return on equity, can be done to help with comparisons and successful policy design and execution.

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