RECEIVABLES MANAGEMENT PRACTICES AND FINANCIAL PERFORMANCE OF MANUFACTURING COMPANY IN NIGERIA (A STUDY OF DANGOTE CEMENT PLC)

This research project is an examination of receivable management practices and financial performance of manufacturing company in Nigeria ( a study of Dangote Cement Plc.). it sought to examine whether receivables management practices have a significant influence on financial performance in terms of trade receivables, Note receivable and Other receivable practices period under study. Ex-pos facto and survey research design were adopted in the study. Taro Yamnae’s statistical method was used in determining the sample size of 25 from the total population of 27. Method of data includes descriptive statistics and inferential statistical tools (simple linear regression method). The method was in order to test the validity of hypothesis. Primary and secondary source of data collection was used in gathering relevant data. The primary data was questionnaires while the secondary data were textbooks, annual report and internet browsing. The result of this study showed that relievable management practices have no significant influence on the financial performance of manufacturing companies in Nigeria in terms of trade receivables, Note receivable and other receivable practices for the period 2013-2023. Conclusion was drawn from findings that accounts receivable management practices have positive significant influence on the financial performance (return on assets) of Champion Breweries Plc. And it is seen as a key and catalyst for higher profit-making in the manufacturing company. It was recommended among others that, the management policies in their organization that will not negatively affect profitability. The company should train the accounting personnel in area of accounts receivables and debt recovery strategies.