FINANCIAL MANAGEMENT PRACTICES, INVENTORY MANAGEMENT PRACTICES AND FINANCIAL PERFORMANCE OF BANANA GROWERS IN KAPALONG, DAVAO DEL NORTE

Financial performance is a crucial aspect of any business, as it reflects the company's overall health and stability. The aim of this study was to determine how financial management practices and inventory management practices influence financial performance of banana growers in Kapalong, Davao del Norte. A quantitative method was used in the study with 86 respondents composed of owners, managers and employees. Sets of adapted survey questionnaires were used in this study. Mean, Standard Deviation, and Pearson r were the statistical procedures used to analyze the study results. Results yielded that the status of financial management is very high with all of its indicators, while status of inventory management practices is very high in all of its indicators. Similarly, the level of financial performance also got a very high result. However, the result shows that financial management has a positive weak relationship to financial performance and statistical result of inventory management practices reveals a weak negative relationship on financial performance. Finally, the two independent variables do not influence the dependent variable of the study. KEYWORDS: Business Management, Financial Management Practices, Inventory Management Practices, Financial Performance, Davao del Norte, Philippines