The Impact of Credit Management on the Profitability of a Manufacturing Firm (case Stuy of Selecte Manufacturing Firms in Nigeria)

Student: HELLEN OLUWATOMISIN YOYO (Project, 2025)
Department of Accountancy
Lens Polytechnic, offa, Kwara State.

Abstract

ABSTRACT
The aim of this research work is to appraise The impact of credit management on the profitability of a manufacturing firm. This is because; trade credit is a short term source of finance and sometimes take the form of bills payable. The statement problem of this research banks about the poor level of credit management and also the problems which the firms encounter as a result of high-rate of bad debts. The objective of this research study is to highlight the effects of the credit management on the profitability of the company as well as to highlight the advantages of effective and efficient management of trade credit amongst others. Furthermore, this research work will be of immense significance to the staff of Unilever Nig. Plc. as well as the students and the researcher since it aims at providing effective means of reducing default in collection of accounts. Also, research questions like; could a company’s liquidity problem be attributed to bad debt? On the average, how long do you allow credit to customers? Research instrument used were questionnaires for the purpose of obtaining the desired result. In treating and analyzing the data collected, an extensive use of tabular information and percentages were of great importance.

Keywords
credit management profitability manufacturing firm bad debts credit management.
Filters
Institutions