Dynamic Account Receivable and Its Determinants: A Case of Pakistani Firms
Abstract/Description
The Dynamics of Accounts Receivable in Pakistani Firms
/="/"> by Maria Khoso – 2025 – Cited by 4 – Related articles
/="/"> This paper investigates whether Pakistani firms maintain a target level of accounts receivable and the speed at which they adjust toward that target. Using panel data from 2000 to 2023 and employing a partial adjustment model with GMM estimation, the study finds that key financial variables such as total assets, sales, cash flow, net profit, and debt increase with rising receivables. Results confirm the existence of target receivables and highlight the influence of firm size, age, leverage, cash flow, and profitability.
Keywords
Accounts Receivable, Target Adjustment, Trade Credit, Firm Characteristics, Financial Determinants, Pakistani Firms, Dynamic Panel Data, GMM Estimation, Corporate Finance, Working Capital Management, Receivables Policy, Firm Size, Cash Flow, Short-Term Leverage, Profitability
Track
Finance
Session Number/Theme
Finance - Session II
Session Chair
Dr. Noureen Ayaz
Start Date/Time
14-6-2025 10:55 AM
End Date/Time
14-6-2025 12:35 PM
Location
MCC 12 Ground Floor, AMAN CED Building
Recommended Citation
Khoso, M. (2025). Dynamic Account Receivable and Its Determinants: A Case of Pakistani Firms. IBA SBS 4th International Conference 2025. Retrieved from https://ir.iba.edu.pk/sbsic/2025/program/105
COinS
Dynamic Account Receivable and Its Determinants: A Case of Pakistani Firms
MCC 12 Ground Floor, AMAN CED Building
The Dynamics of Accounts Receivable in Pakistani Firms
/="/"> by Maria Khoso – 2025 – Cited by 4 – Related articles
/="/"> This paper investigates whether Pakistani firms maintain a target level of accounts receivable and the speed at which they adjust toward that target. Using panel data from 2000 to 2023 and employing a partial adjustment model with GMM estimation, the study finds that key financial variables such as total assets, sales, cash flow, net profit, and debt increase with rising receivables. Results confirm the existence of target receivables and highlight the influence of firm size, age, leverage, cash flow, and profitability.
