Impact of Cash Management on Profitability of Selected Food, Beverage, & Tobacco listed in Philippines Stocks Exchange (2017 – 2021)

The main objective of this study was to ascertain the effect of cash management on the profitabilityof the selected food, beverages and tobacco listed on Philippine stock exchange. The researchers sought toattain the assessment of the selected companies in cash management in terms of cash flow, inventorymanagement and cash conversion cycle; analyze the level of profitability in terms of return on assets, returnon equity and profit margin analysis and determine the significant relationship between the cash managementand profitability of publicly listed food, beverage and tobacco companies in Philippines. This study employeddescriptive research design with the targeted population constituting 21 companies listed at the PhilippineStock Exchange. The study used secondary data obtained for the Philippine Stock Exchange and respectivewebsites of the companies from the published audited sales report for a period of five (5) years, 2017-2021.Multiple means and correlation analysis were carried out on the data to determine the relationship betweencomponents of cash management and the profitability. Furthermore, the study established that the cash flowwas found to have a significant, positive effect in relation to return on assets. In contrast, cash flow was foundno significant impact on the relationship with return on assets and profit margin analysis. Meanwhile, ROA,ROE and profit margin analysis were consistently not affected by inventory management. Lastly, it was foundthat there was no significant effect between cash conversion cycle and ROA. Somehow CCC showed weaknegative effects with ROE and there was significant, weak positive effect on profit margin analysis. Throughthese findings, Information, Education and Communication (IEC) materials were made to provide insights,overview of the assessment cash management and profitability of the selected food, beverage and tobaccocompanies listed in the Philippine Stock Exchange and communicate lesson and action in regards to theresults of the said study.