The Iinfluence of Working Capital Management on Liquidity of the 50:50 co-paymement Scheme Participating Merchants in Muang District, Phayao Province

Abstract

The objective of the research is to study the influence of working capital management on the liquidity of the 50:50 co-payment scheme of participating merchants in Muang District, Phayao Province. The sample group included 385 samples. Data was collected from questionnaires. The data analysis used descriptive statistics, consisting of frequency, percentage, mean, standard deviatiand inferential statistics using t-test, and multiple regression analysis. The results showed that most of the respondents were food and beverage stores, all of which had a sales policy for cash. Their sales per month ranged from 30,001-50,000 baht. In current asset management, most respondents were those that had cash, bank accounts, inventory and prepaid expenses had did not have account receivables. Most samples had current liability. Working Capital Determinant factors and current asset management did not affect the liquidity of the 50:50 co-payment scheme of participating merchants in Muang District, Phayao Province. While current liability management affected the liquidity of the 50:50 co-payment scheme of participating merchants in Muang District, Phayao Province.

Keywords

• working capital managemen
• liquidity
• the 50:50 co-payment scheme