The study looked at how working capital affects the performance of companies in Malaysia. They analyzed data from 272 listed firms over a five-year period. The researchers found that shorter collection and inventory periods were linked to better firm performance. On the other hand, longer payable periods, cash conversion cycles, and current ratios were also associated with higher performance. This suggests that Malaysian firms tend to delay payments to creditors to improve their performance. Overall, companies in Malaysia seem to focus on short-term decisions when managing their working capital.