• Nivedh Eustace

Abstract The study is conducted on the Profitability of various firms in the oleoresin extraction industry . This study focuses on profitability ratios and efficiency ratio to determine the effectiveness of the companies in gaining profits in oleoresin industries in Kochi, it covers a period of five years from 2014-2019. This also intends to determine the relationship between profitability of the firm and creditor payable period. A properly designed and implemented payables management is expected to contribute positively to the insurance firm's profitability. The purpose of this study is to determine the impact of average payments period on profitability The results indicated that Average Payments Period has a significant impact on profitability. Based on the findings, the study recommends that companies should Endeavour to reduce their number of days accounts payables optimally and concentrate on reducing the high variability in the average payables period to enhance their corporate profits.

Key words : Payable Period , Profitability, oleoresin extraction industry

"“A STUDY ON PROFITABILITY AND ITS RELATIONSHIP WITH CREDITORS PAYABLBE PERIOD WITH REFERMCE TO OLEORESIN EXTRACTION INDUDTRIES IN KOCHI.”", International Journal of Emerging Technologies and Innovative Research (www.jetir.org), ISSN:2349-5162, Vol.7, Issue 6, page no.632-638, June-2020, Available :http://www.jetir.org/papers/JETIR2006086.pdf

"“A STUDY ON PROFITABILITY AND ITS RELATIONSHIP WITH CREDITORS PAYABLBE PERIOD WITH REFERMCE TO OLEORESIN EXTRACTION INDUDTRIES IN KOCHI.”", International Journal of Emerging Technologies and Innovative Research (www.jetir.org | UGC and issn Approved), ISSN:2349-5162, Vol.7, Issue 6, page no. pp632-638, June-2020, Available at : http://www.jetir.org/papers/JETIR2006086.pdf