IMPART OF ACCOUNTING INFORMATION ON PROFITABILITY OF LISTED CONSUMER GOODS COMPANIES IN NIGERIA

The study examined the impact of accounting information on profitability of listed consumer goods companies in Nigeria. The study specifically examined the impact operating cash flow ratio, assets turnover ratio, revenue growth rate, current ratio and debt to equity ratio on profitability measured by returmn on assets. The study adopted an ex-post facto research design using eleven (11) consumer goods companies listed on Nigeria Exchange Group as sample size of the study. Secondary source of data for the study was obtained from audited annual reports and accounts of the sampled companies for ten years from 2014 to 2023. Descriptive statistics and random effects regression model technique were used as tools for data analysis. The findings of the study reveals that: operating cash flow ratio, assets turnover ratio, current ratio and debt to equity ratio have significant positive effect on profitability while revenue growth rate has insignificant positive effect on profitability of listed consumer goods companies in Nigeria. This study recommends among others that management of consumer goods companies in Nigeria should prioritize efficient cash flow management, enhance asset utilization efficiency by optimizing working capital, properly controlling assets utilization, and reinvesting in profitable ventures to sustain profitability and financial stability the firms.