Authors : Ashibogwu Nze Kingsley

Volume/Issue : Volume 11 - 2026, Issue 8 - August

Google Scholar : https://tinyurl.com/372h93mz

DOI : https://doi.org/10.38124/ijisrt/26aug1201

Note : A published paper may take 4-5 working days from the publication date to appear in PlumX Metrics, Semantic Scholar, and ResearchGate.

Abstract : This study using generalized technique of moment-based panel data regression techniques from 2015 to 2024 to evaluate the correlation between the management of current asset and the economic efficiency of publicly quoted oil and gas firms in Nigeria. The research examined financial efficiency in relation to the conversion of cash cycle, average collection duration, average payment duration, and inventory turnover duration. With regard to the financial achievements of oil and gas firms, the study came to the conclusion that variations that occur in the average payment period have a significant and positive influence. On the other hand, there is a significant negative response corresponding to changes in the process of cash conversion, the average collection period, and the turnover of the inventory duration during the timeframe that was examined. The research indicated that the holdings of oil and gas firms have to be easily transformable into liquid assets. The duration of the grace interval for borrowers may be shortened. Furthermore, while short-term liabilities may be collectible, the stock of incorporated oil and gas firms could be sold off.

Keywords : Current Asset Management, Financial Efficiency, Oil and Gas Firms, Panel Data Regression.

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