The global economy world has changed rapidly due to the rise of economic and technological variations featured by the incremental global competition which has made the directors of firms more accountable in carrying out their operations. Financial Decision making is one of the significant roles played by the organization management. Making decisions sheds lights on the whole financial affairs. This is not exceptional in working capital Decisions. Designing and developing working capital supervision influence the improvement of the firms’ operations. This study intends to find empirical evidence about the influence of working capital supervision on the performance of the firm. The performance evaluation measures include distinguished economic value added and market value added. In doing so, a sample composed of the firms listed on the Nigerian Stock Exchange for a five year period including 2013 to 2018 has to be considered. The regression results will be present that there is no significant relationship between working capital supervision and supervised economic value added. However, the variables of working capital supervision and market value added are significantly associated. As a whole, the managers might enhance the firm’s financial performance through declining the liquidity cycle.