Working Capital Management and Financial Performance of Small and Medium Enterprises in Garissa County, Kenya

Small and medium-sized enterprises (SMEs) in the County of Garissa have had a dwindling net profit between 2007 until 2013. Success has been marked by several hurdles that include improper business records, substandard technical competence, illiteracy matters finance, mismanagement working capital. As result, overarching purpose study was to investigate influence capital management on financial performance SMEs Kenyan county Garissa. The motivated following specific goals: To assess impact inventory techniques SMEs, cash practices debtor accounts payable practice. According administration Garissa, 243 were targeted. A sample 149 selected using simple random sampling. Simple sampling used draw total SMEs. Secondary data evaluated quantitative methods. Tables present data. study's regression results, receivable minimal return assets. Inventory major detrimental SMEs' performance. Cash beneficial considerable concluded managers could increase an asset through shortening turnover increasing days.