Working capital, as the name implied comprises capital that are not used for long-term investment. Thus, the instrument used for collecting the data are questionnaire and official document of the bank (Bank PHB), the researcher used mean statistic, method to analyze the data and extract the findings. However, emphasis should be directed towards systematic introduction of appropriate technology for control and management information system purpose. Indeed a financial data is relevant in banking industries. The introduction of the method in the banks to take care of the determination of cash balances for different periods in as much as experience is a good teacher, a scientific forecasting method should be introduced. The study would be of benefits to students, banking and institution i.e. it would enable students carryout research and persuade learning on issues that has to do with working capital management. The majority of the documents shows how working capital management had made it possible on the operational exercise and providing services of the banks in Nigeria.
Working Capital is the investment at the firm in short-term or current assets, which include cash, account receivable, marketable securities, short-term note receivables, inventories and some expense prepayments. A portion of the investment in current assets is financed by current liabilities such as short-term note payable to banks. Income tax liabilities advances by customers and account payable. Therefore, networking is that portion of current assets financed by long term debt and equity sources.
The liquidity position of many firms is of fundamental importance. Hence, the importance of working capital management and its operations thus become relevant in the growth and success of any organization management policies and decisions are made due consideration of its working capital position. Organization faces a lot of shortcomings in it operation, if working capital is not given full consideration.
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