Articles
Vol. 14 No. 1 (2024): ESUT Journal of Accountancy (EJA)
Effect of Firms’ Growth Indices on Account Receivable of Food and Beverage Manufacturing Firms in Nigeria
Enugu State University of Science and Technology, Enugu State, Nigeria.
Bio
×
Author Biography
Department of Accountancy,
Faculty of Management Science,
Enugu State University of Science and Technology (ESUT), Enugu, Nigeria.
Enugu State University of Science and Technology, Enugu State, Nigeria.
Bio
×
Author Biography
Department of Accountancy,
Faculty of Management Science,
Enugu State University of Science and Technology (ESUT), Enugu, Nigeria.
Enugu State University of Science and Technology, Enugu State, Nigeria.
Bio
×
Author Biography
Department of Accountancy,
Faculty of Management Science,
Enugu State University of Science and Technology (ESUT), Enugu, Nigeria.
Submitted
June 11, 2024
Published
2024-06-11
Abstract
Research Purpose: Understanding how firms’ growth indices affect accounts receivable is crucial for effective financial management in Nigeria's food and beverage sector. This study evaluates the impact of sales growth, productivity growth, asset growth, and profit growth on accounts receivable.
Methodology: A sample of seven firms, selected from the twenty-two listed on the Nigeria Exchange Group (NGX), was analysed using secondary data from 2012 to 2022. The study utilised Panel Least Square Regression and Durbin Watson Statistics to test hypotheses and check for autocorrelation.
Findings: Sales growth negatively and non-significantly affects accounts receivable (coefficient: -0.000300, p-value: 0.9926). Asset growth positively and non-significantly affects accounts receivable (coefficient: 0.005507, p-value: 0.5655).
Conclusion: The study concludes that sales and asset growth do not significantly impact accounts receivable, highlighting the need for better receivables management to boost sales growth.
Recommendations: Firm managers should improve accounts receivable management to enhance sales growth, which can subsequently increase profitability.
Onah, Chinyere Esther,
Prof. Ugwu Kevin Okoh,
Prof. Onyekwelu Uche Lucy,
Effect of Treasury Single Account (TSA) on Government Capital Expenditure in Nigeria
,
ESUT Journal of Accountancy: Vol. 14 No. 2 (2024): ESUT Journal of Accountancy (EJA)
Ejiofor Emmanuel Onyeka, PhD ,
Abada Uchechukwu Daniel, PhD,
Influence of Corporate Governance on Financial Performance of Firms in Nigeria
,
ESUT Journal of Accountancy: Vol. 15 No. 1 (2024): EJA
NNAMANI, Pius Chukwuemeka,
PROF. UCHE B. UGWUANYI,
DR. I. C. EZUGWU ,
Effect of Human Resource Cost on Performance of Quoted Financial Firms in Nigeria
,
ESUT Journal of Accountancy: Vol. 14 No. 1 (2024): ESUT Journal of Accountancy (EJA)
Okeke, Salome Ogochukwu,
Dr. Anastasia N. Duru,
Oshim, Judethadeus C.,
Naira Free Fall and Industrial Production Index of Manufacturing Firms in Nigeria
,
ESUT Journal of Accountancy: Vol. 13 No. 2 (2024): ESUT Journal of Accountancy (EJA)
Edeani, Paschaline Oluchi ,
Nwankwo, Caroline Nkechi, PhD,
Internal Board Mechanism on Financial Performance of Conglomerates in Nigeria
,
ESUT Journal of Accountancy: Vol. 14 No. 2 (2024): ESUT Journal of Accountancy (EJA)
Ani, Thomas Maduabuchi,
Nwabuisi, Anthony Okorie,
Oketah, Felix Okechukwu,
Selected Government Levies and Economic Development in Nigeria
,
ESUT Journal of Accountancy: Vol. 14 No. 2 (2024): ESUT Journal of Accountancy (EJA)
Arinze, Ifeyinwa Maureen,
Nzeh, Emeka,
Contemporary High Cost of Living and Nigerian Agriculture: A Blessing in Disguise
,
ESUT Journal of Accountancy: Vol. 15 No. 2 (2024): EJA
Ogbolu, Lucky Mmamefune, PhD,
Ashibogwu, Nze Kingsley, PhD,
Isoso, Monday Chukwugeku, PhD,
Okonye, Onyemazuwa,
Creative Accounting Practices and Shareholders Wealth in Nigeria
,
ESUT Journal of Accountancy: Vol. 13 No. 2 (2024): ESUT Journal of Accountancy (EJA)
Ahannaya, Chinedu Gandolph, PhD,
Afonne, Bright,
Odetayo, Victor ,
Economic Impact of Green Energy on Local Communities: Analysis of Job Creation, Income Generation, and Economic Multipliers in the Renewable Energy Industry
,
ESUT Journal of Accountancy: Vol. 14 No. 2 (2024): ESUT Journal of Accountancy (EJA)
Massah Eniekeye,
Njoku Uzozie Chinedozie,
Ugoh Sylvaleen Ugochi,
Ehiriudu Jude Alaoma,
Ehiriudu Jude Alaoma,
Relationship between Outsourcing of Accounting Task and Financial Performance of Small and Medium Sized Enterprises in Delta State
,
ESUT Journal of Accountancy: Vol. 15 No. 1 (2024): EJA
You may also start an advanced similarity search for this article.