Abstract:
This study examines the impact of credit management of the financial performance of quoted manufacturing firms in Nigeria for the period of five years; from 2015 – 2019 and the basis of the study is to determine if credit management, credit policy, credit granting policy, have impact on financial performance of manufacturing firm. Measured by Return on Asset (ROA) and Return on Equity (ROE), the data utilized, which are secondary data in nature. The data collected was tabulated and analyzed using the statistical package for the social science software package (SPSS) 21 these includes mean and standard deviation, descriptive statistic was used to analyze the data. The finding reveals that the measure of financial performance of manufacturing companies ROA and ROE. For the time of the study showed that they are affected negatively by the measure of capital structure. The study therefore recommends that there is need for manufacturing companies to maintain adequate liquid assets, and eliminate bad debt losses and other associated costs of credit. Furthermore, manufacturing companies should intensify efforts to engage the services of factoring agents, as it will reduce the incidence of bad debts losses and other associated costs of credits.
