There is a sizable inverse relationship between the return on investment for industrial maintenance companies and the cycle periods of operational working capital. The need of working capital management is emphasized by the fixed assets and high likelihood of maintenance. Due to economies of scale related to fixed assets and working capital as well as the fact that large maintenance service providers frequently concentrate on providing services primarily to their host companies, large maintenance service providers appear to have a competitive advantage over small and medium sized maintenance service providers.

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Keywords: Working Capital, Return on Investment, Fixed Assets, Service Providers.