The study used sample of 3 of the 4 agricultural/agro-allied firms from 2007 to 2018 to examine the relationship between working capital measures and financial performance. The correlation and regression analysis were used to examine the relationship between them. The result of the study shows that profitability of the firms operating in agricultural/agro-allied industry can be influenced positively but not significantly by extending the time the input materials (planted seedlings) stay on the production stage, the time granted to the customers for credit sales of goods and extending the time of paying the suppliers.