Working capital management affects how well a company can make money. A study looked at 41 companies in Sri Lanka over four years to see how working capital management impacts profits and value. They found that how quickly a company turns cash into more cash, how long it takes to pay bills, and how a company finances its working capital can hurt profits. But, waiting longer to get paid can actually help profits. Also, bigger companies tend to make more money and have higher value. So, companies can make more money by managing their working capital efficiently.