The Impact of Working Capital Management on Profitability of Egyptian SMEs in Egypt

Small and medium-sized businesses contribute significantly to the economic development of any nation endeavor enhance business climate. One main areas that affects these small medium enterprises their profitability sustainability in market is working capital management. The goal this paper analyze relationship between management SMEs’ Egyptian context. To achieve goal, article uses annual reports 576 SMEs for time period 2018 2021 as a rich includes many events such pandemic COVID-19 reform programs undertaken by government. results show there significant negative measured cash conversion cycle ROA ROE, also select firm size industry control variables. Given focus government on sustainability, can be beneficial decision makers, banks investors how affect financial performance Egypt.