Grzegorz Zimon
Today, during the Covid-19 pandemic the situation of many companies around the world is very difficult. Additionally, to a continuous fight with powerful competitors the smallest businesses and SMEs are closing or losing most of their contractors now. This situation clearly requires the need to create financial reserves and develop strategies that will allow maintaining positive working capital. The purpose of the article is to present the working capital management strategy in Polish SMEs operating in the manufacturing, commercial and service sectors. The tests were conducted on the basis of financial statements for 2016-2018. The analysis showed that SMEs had problems with working capital management. It turns out that the companies operating in the service sector that provide tourist services use the safest strategies. This results from the lack of inventories in the structure of current assets, which certainly facilitates the management of working capital. Transport and commercial companies already have some problems with working capital management. The results clearly indicate the need to search for a strategy that will secure long-term liquidity and allow obtaining optimal profits in all the sectors.