The influence of working capital management on the liquidity of the 50:50 co-payment scheme of participating merchants in Muang District, Phayao Province.

Abstract

The objective of the research was 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 305 samples. Data was collected from questionnaires. The data analysis used descriptive statistics, consisting of frequency, percentage, mean, standard deviation; and 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, had bank accounts, had no account receivables, had inventory and had prepaid expenses. Most samples had current liability. Working Capital Determinant factors did not affect the liquidity of the 50:50 co-payment scheme of participating merchants in Muang District, Phayao Province. While current asset and current liability management affected the liquidity of the 50:50 co-payment scheme of participating merchants in Muang District, Phayao Province.