MJAMR

Receivables/Debtors Management and its impact on Financial Performance of Mukwano Manufacturing Industries in Uganda

Kiiza Acrobat Moses


Abstract

The study aimed at the relationship between Receivables/Debtors Management and its impact on Financial Performance of Mukwano Manufacturing Industries in Uganda. The R Square value of 0.357 means that 35.7% of the variation in financial performance can be explained by debtors' management. The adjusted R square value of 0.345 accounts for the number of variables in the model. The coefficient for debtors' management was 0.523. This indicated that a one unit increase in debtors' management results in an average increase of 0.523 units in financial performance, holding other factors constant. The standardized beta coefficient value for debtors' management was 0.582. The survey findings indicated that current debtors' management practices across several key facets require more robust governance and process enhancements to better safeguard financial outcomes. As moderate agreement was seen on most statements pertaining to debtor evaluation, credit terms assessment, collection workflows, and policy guidelines, the company should make revamping their debtors' management framework a top priority.

Keywords

Receivables Management and Financial Performance
Metropolitan Journal of Academic Multidisciplinary Research

Cite This Article

Kiiza Acrobat Moses (2024). Receivables/Debtors Management and its impact on Financial Performance of Mukwano Manufacturing Industries in Uganda. Metropolitan Journal of Academic Multidisciplinary Research, 3(1). https://journals.miu.ac.ug/pages/article.php?article_id=1227

More in This Issue

View full issue →
6
Coffee Growing and Economic Welfare and Development: A Case Study of Kaharo Sub County Kabale District
Byamukama Abraham, Zikusoka Enock
Coffee Growing Economic Welfare and Development
7
Corporate social responsibility and its impact on financial performance of Kisoro local government
Akampurira Nuwahereza
Corporate social responsibility expenditures and financial performance
8
Credit Management Policy And Financial Performance Of Microfinance Institutions In Uganda. A Case Of Pride Microfinance Katwe Branch
Mugira Esther
credit management policy financial performance and microfinance institutions
9
Credit Management, Cash Flow Management And Financial Performance Among Petroleum Companies In Uganda
Atuheire Alexander
Credit Management Cash Flow Management and Financial Performance Among Petroleum