Working capital is at the heart of key issues in the context of business cycle and in terms of profitability obtained as a result of these activities. In this direction, working capital is a critical point in order to carry out the supply-production-sales process which is vital for the enterprises, to be able to pay for outstanding debts and to be able to develop the profit making action in a positive sense which is one of businesses’ main purposes. To be able to achieve an optimal working capital level by the firms is expected that profitability will be affected from this angle naturally which is the most important indicator reflected the situation of the business. Therefore, in this study, it is aimed to examine the relationship between the profitability of the enterprises and the working capital management. For this purpose, the ratios of profitability and management of working capital were subjected to regression analysis by groups. There are serious relationships between the various indicators in the partial sense, although there is no absolute and general relationship.