From: The impact of working capital management on credit rating
Variables | Mean | Median | S.D | 5% | 95% |
---|---|---|---|---|---|
RATING | 3.58 | 4 | 1.319 | 2 | 6 |
MICRORATING | 9.74 | 10 | 3.83 | 4 | 16 |
NWC | 0.153 | 0.132 | 0.181 | − 0.015 | 0.392 |
CCC | 56.94 | 47.706 | 94.11 | − 40.155 | 195.31 |
AR | 51.67 | 47.037 | 43.339 | 5.322 | 102.41 |
INV | 60.957 | 44.068 | 70.667 | 0 | 175.059 |
AP | 55.613 | 41.726 | 64.976 | 12.324 | 134.538 |
SIZE | 7.877 | 7.797 | 1.618 | 5.348 | 10.65 |
LEV | 0.333 | 0.297 | 0.201 | 0.054 | 0.777 |
COVERAGE | 7.626 | 4.946 | 7.674 | 0.585 | 29.656 |
LOSS | 0.164 | 0 | 0.37 | 0 | 1 |
SUBORD | 0.005 | 0 | 0.07 | 0 | 0 |
CAP_INTEN | 0.707 | 0.658 | 0.45 | 0.106 | 1.421 |
BIG4 | 0.527 | 1 | 0.499 | 0 | 1 |