Research project on working capital management pdf. (1) Author(s) (2) Year of publication (3) 1 Makori, D.

2015 9 Zakaria, N. . Nov 9, 2019 · PDF | Working Capital Management, WCM Ratios, WCM Turnover Ratios, Hero MotoCorp Limited | Find, read and cite all the research you need on ResearchGate 6 CHAPTERIZATOIN The project report is presented in five chapters: Chapter 1 Introduction: It deals with meaning and significance of working capital, statement of the problem, scope and significance of the study, objectives of Feb 1, 2017 · The research is designed to examine the effect of working capital management on company's profitability in the food industry in Southeast Europe, during the five years period (2010-2014). This is based on the fact that a firm’s inability to identify relevant working capital management practices can be its source of inability to perform. INTRODUCTION: The working capital (WC) measures the operating liquidity accessible to a company, organization, or other body, including governmental agencies. We employed the four most important components of working capital management in the current research. g. 4 An analysis of working capital management efficiency in telecommunication equipment industry Vedavinayagamganesan Efficiency of working capital management can be negatively associated to the firm’s profitability and liquidity. The purpose of this thesis is to research whether working capital management can affect company profitability in Finnish and Swedish companies. investments, capital structure, dividends and corporate valuation) which possess the nature of long-term WORKING CAPITAL MANAGEMENT Working Capital Management refers to management of current assets and current Liabilities. This study analyzes the research published between 1960 and 2021 using the systematic literature Sep 1, 2010 · Download full-text PDF Read full-text. the main objective of working capital management is to maintain an optimal balance between each of the working capital components. It blends an array of scholars’ and practitio-ners’ contributions into a single review of essential topics in this area. V. What working capital management practices are used in banking institutions in Rwanda? 2. We collected data about a sample of 263 non-financial BSE 500 firms listed at the Bombay Dec 7, 2021 · The research aimed to analyze the impact of working capital management efficiency and financial flexibility in the sustainable growth gap, by applying it to a sample consisting of (6) Iraqi Jan 25, 2022 · PDF | This study investigated the effect of working capital management on the financial performance, using 6 listed oil and gas firms in Nigeria from | Find, read and cite all the research you Jan 1, 2021 · This paper aimed to study the impact of quality management systems on the working capital management of Chilean manufacturing SMEs. 2. Moreover, it aims to spell out the areas for further research on WCM so that the body of knowledge can be expanded. and Singh Tejmani N. 2 (2013), ISSUE No. , 2015, Afza and Nazir, 2007, Sathyamoorthi, 2002) and most have focused on differences between industries (Filbeck and Krueger, 2005, Gombola and Ketz, 1983, Weinraub and Visscher Working capital management monitors a company’s assets and liabilities to maintain sufficient cash flow to meet its short-term operating costs and short terms debts. (2010) the main determinants of working capital of SMEs are: Capacity to generate internal resources, Leverage, Growth opportunities, Size of the firm, age May 9, 2013 · Managing a firm’s current assets and liabilities (working capital management) is highly relevant to the success of that firm. The present study entitled “A study on working capital management of Hindustan Unilever Limited” was undertaken with the main objective of studying working capital management and liquidity position through Ratio analysis and Statement of changes in working capital. According to them it means proper management of various components of working capital due to which adequate amount of working capital Jan 1, 2018 · This research work is conducted in order to analyze the effect of working capital management on profitability, in detail, in the manufacturing firms of Pakistan listed on Karachi Stock Exchange Stay liquid, think global, and better manage resources with this authoritative guide Working Capital Management is a comprehensive primer on keeping your business financially competitive in the face of limited access to short-term funds. The major thrust of course is on the management of current assets . Review of literature. conservative) has been limited (Aktas et al. | Find, read and cite all the research you Jul 13, 2019 · Purpose This paper aims to provide a review of the existing literature available on working capital (WC) and working capital management (WCM). A STUDY ON WORKING CAPITAL MANAGEMENT IN AUTOMOBILE INDUSTRY NAME: VISHAKH NAMBIAR. Kushwah, Mathur&Ball(2009):The study undergone to evaluate the working capital management and direction in selected five major cement companies i. profitability and Several features distinguish Working Capital Management: Concepts and Strategies from others in the market: • The book examines the core principles and techniques of effectively managing working capital. 2 WORKING CAPITAL AND WCM Working capital refers to the capital that a company needs in order to run its operations, i. The objective of the paper is to illustrate related variables and cash management Apr 5, 2023 · The working capital management is measured in terms of various ratios like the current ratio, liquidity ratio, stock turnover ratio, debtors' ratio and working capital ratio. It includes an acknowledgements section, bonafide certificate, table of contents, and introduction to the study which provides an overview of Tata Motors, its operations, products, subsidiaries and expansion internationally. The research is based on meta-analysis To determine the relationship between the working capital management practices and the performance of banking institutions in Rwanda. Mar 3, 2017 · This paper represents an overview of Working Capital – An Effective Business Management Tool. The companies were selected on the basis of a stratified Sep 8, 2022 · PDF | This study examined the etfect of working capital management on profitability of listed | Find, read and cite all the research you need on ResearchGate This project tries to evaluate how the management of working capital is done in HCL Infosystems through inventory ratios, working capital ratios, trends, computation of cash, inventory and working capital, and short term financing. May 12, 2020 · This paper provides contextual explanations on the related aspects of Working Capital (WC) management. The goal is to assess the Working Capital Management of the company within the years 13 Working Capital Management in Projects – Case Study on Indian Construction Companies Research Model used for studying LWC Requirement After identifying the factors that influence LWC requirement in Indian construction projects, the equation developed earlier can be refined as follows, from Eq. the short-term financing of the company. 2017 8 Kandpal, V. INTRODUCTION The management of short-term assets and short-term liabilities available to a company for Sep 10, 2018 · This study is based on the impact of working capital management on financial performance of the firm. Mar 20, 2021 · Sales can affect working capital in three potential ways; as sales grow, the working capital will also rise with the same fraction, so the span of the cash conversion cycle remains the same; as the sales rise, the working capital grows in a slower proportion; as the sales grow, the level of working capital increases in a misappropriate level Dec 22, 2014 · 1. Otherwise, This document is a project report submitted by a student for their B. Moreover, it aims to analyze working capital among small, medium and large firms. The study uses a panel data set of 291 firms covering Jan 1, 2013 · PDF | Working capital is the firm's circulating funds required for meeting day-to-day operations. The paper adopts a Nov 13, 2018 · The purpose of this study is to take a stock of what has been studied on working capital management (WCM) so far and ascertain the factors which are more likely to be impacted by poor WCM. Ban˜os-Caballero et al. READING ASSIGNMENTS Reading 34 Measures of Leverage by Pamela Peterson Drake, PhD, CFA, Raj Aggarwal, PhD, CFA, Cynthia Harrington, CFA, and Adam Kobor, PhD, CFA Nov 19, 2018 · Working capital management (WCM) is the management of short-term financing requirements of a firm which includes maintaining optimum balance of working capital components-receivables, inventory This implies that working capital management of working capital involves managing inventories, accounts receivable and payable and cash (Ross et al. Some of the tools used are statement of changes in working capital, ratio analysis. Method of data collection: Primary Data: By visiting concern department in the company. 8%. Jan 1, 2015 · Working capital management has always been a challenge for corporations. PROJECT REPORT ON WORKING CAPITAL MANAGEMENT AT KIRLOSKAR PNEUMATICS CO. This research paper examines the impact of working capital management on the Mar 9, 2012 · 3. COLLEGE: ST. M. Statement of changes in working capital is prepared with help of assets and liabilities and is In depth analysis tells that most in case research work is observed and focused mainly on two aspects, working capital on profitability of firm and working capital management. The chief issues with previous literature are lack of survey-based approach and lack of methodical theory advance study, which gives direction and idea for future research. 3 Research questions 1. and Polewski, M. LTD, HADAPSAR. There are two concepts of WCM, that is, gross working capital and net working capital (Pandey, 2011). Sep 15, 2018 · PDF | On Sep 15, 2018, S. Jun 1, 2019 · In general, the definition of working capital is current assets minus current liabilities (Knauer & Wohrmann, 2013). Keywords: Working Capital Management, Profitability, Return on Assets, Financial Performance. SAKTHI DHASAN (38280078) who carried out the project entitled “A STUDY ON ANALYSIS OF WORKING CAPITAL MANAGEMENT AT AUTOMOBILE INDUSTRY SPECIAL REFERENCE TO MARUTI SUZUKI” under our supervision from January 2021 to March 2021. 4 (April) 2 “WORKING CAPITAL MANAGEMENT IN TEXTILE INDUSTRIES” - INDIAN JOURNAL OF MANAGEMENT SCIENCE (IJMS) - Vol. The main objective of the working capital Mar 14, 2024 · Working capital management (WCM) concerns decisions on the levels and turnover of the inventories, receivables, cash and current liabilities of a company. With detailed insight applicable to each phase in the business cycle, this authoritative guide helps managers revamp current practices for more efficient use The average period of credit allowed to customers The amount of cash required to make advance payment Factors determining working capital requirements in construction projects Nature of business Size of business Production policy Manufacturing process Seasonal variations Working capital cycle 7 Working Capital Management in Projects – Case Jul 20, 2021 · Working capital management is a challenge for every firm as each firm intends to maintain the optimum level of working capital. Nov 13, 2018 · An analysis of working capital and working capital management (WCM) is the purpose of this study. KEYWORDS: Working Capital Management, Current Assets, Current Liabilities, Current Learn how to measure and improve the working capital management ratios of Tata Motors Limited, a leading automobile company in India, from this research paper. Nobanee, H. Design/methodology/approach - – Using systematic literature review (SLR) method, the Jul 5, 2020 · This paper will examine the Working Capital of Samsung Electronics Co. Working capital management and firm performance. The document is a project report on studying the working capital management of a large company. If the levels of working capital are not enough it could lead to shortages and problem with day to day operations. study is “A study on Working capital Management at KSIC Limited, Bangalore”. For pursuing the research data has been collected through the financial statements of lucky Dec 16, 2020 · Cash(liquidity) management is at the heart of a firm’s financial management. The report includes an acknowledgment, declaration, supervisor certificate, table of contents, and introduction which outlines the objectives and methodology. The management of working capital includes the management of current assets and current liabilities. This is done by exploring the formation, importance, and systematic interdependencies Dec 19, 2018 · Therefore, the present article tries to examine the impact of working capital management on profitability of the firms of Indian steel industry. Mar 5, 2021 · This paper purposes to analyze effects of working capital management on profitability of commercial banks. (2013) emphasize on the efficient management of working capital. Aghera and others published A study on working capital management through ratio analysis | Find, read and cite all the research you need on ResearchGate Oct 30, 2019 · 2. obligations. 5 Influence of Working Capital Management on Company Profitability - 23 Service Companies Listed in the Netherlands, 2006-2010: 115 Firm-year Observation Dec 1, 2020 · This study examines how working capital management packages (WCMPs) can lead to higher financial performance. Shubhojit Bhattacharya XAVIER INSTITUTE OF SOCIAL SERVICE PURULIA ROAD, RANCHI APPROVAL SHEET This Mar 1, 2021 · PDF | On Mar 1, 2021, Kabir Yazid and others published Working Capital Management and Business Performance | Find, read and cite all the research you need on ResearchGate Jan 1, 2018 · Patrick & Titus (2018) [1] stated that efficient working capital management determines the success or the failure of a company in temporary or maybe in long-run since it establishes the liquidity Jan 1, 2010 · The goal of working capital management is to continue firm operations and sufficient cash flow to satisfy both short-term debt and future operational expenses (Nimalathasan, 2010). (2013) argued that working capital is an important asset of a commercial Some having very good index and some of them need to improve the working capital management give proper attention on that particular area also. This Is understandable because current liabilities arise in the context of current assets. Oct 1, 2016 · The main purpose of this research project was to examine the effect of working capital management on the financial performance of firms listed at the Nairobi Securities Exchange. It includes chapters on the introduction, company profile, objectives, literature review, research methodology, data analysis, and May 1, 2012 · Optimal Management of working capital is an important financial decision and contributes positively for value creation of business. DATA COLLECTION: Type of data: Primary and Secondary Data. A-II) In Partial Fulfillment for Degree of Master of Business Administration during the year 2006-07 VISHWAKARMA INSTITUTE OF MANAGEMENT, PUNE. Despite the importance of this topic, the empirical evidence for emerging economies is scarce; therefore, this research attempts to estimate and compare how investment in working capital impacts the financial performance of companies listed on the stock exchanges Formula: Working Capital = Current Asset – Current Liabilities I. Monto, S. A hallmark of good business management is the ability to utilize working capital management to maintain a solid balance between growth, profitability and liquidity. 2015 7 Jędrzejczak-Gas, J. Submitted By: Rajesh Menon (M. The well-organized management of working capital minimizes the cost and can do more for the success of the business. Return on assets, Current ratio, debt to equity ratio, operating profit to debt ratio, and inventory turnover ratios of the firms are the variables that are used in this study carried out for electrical equipment firms listed on Karachi 1. Topic of the Research: Working Capital Management. The Serial no. Sep 21, 2022 · This study investigates the impact of working capital management on the profitability of industrial companies in the period 2005-2018. Jul 29, 2014 · WCM has attracted serious research attention in the recent past, especially after the financial crisis of 2008. Here creeps the importance and need of efficient working capital management. 2013 2 Ugochukwu, S. Working capital is composed of two dimensions; the gross working capital which represents firm’s investment Mar 1, 2015 · According to S. It depicts the importance of Working Capital in business management and its success. The scarcity of empirical evidence for emerging economies and the importance of working capital efficiency motivate the research on the working capital–financial performance relationship. This project is to analyse the working capital of selected automobile company and to suggest ways and means to enhance the Working Capital Sufficiency of the company. Understanding Working Capital. Effective management of working capital is therefore | Find, read and cite all the research you Students also viewed. Further, Ross et al. B. and Jagongo, A. Working Capital Analysis is an analysis used to determine the liquidity and sufficiency of current assets in comparison to current liabilities of a firm. To examine the working capital management and firm performance during the crisis 2008 and covid 19, Kruskal-Wallis test is used. May 31, 2021 · This paper investigates the impact of Working Capital Management (WCM) policy on returns of the listed firms on Tehran Stock Exchange (TSE) in the period 2007-2011. that working capital management practices are low amongst small and medium enterprises as the majority had not adopted formal working capital management routines. What are the factors that affect working capital of banking intuitions in Rwanda? 3. Sales can affect working capital in three potential ways; as sales grow, the working capital will also rise with the same fraction, so the span of the cash conversion cycle remains the same; as Jan 1, 2019 · PDF | On Jan 1, 2019, Jarosław Kaczmarek published THE EFFECTIVENESS OF WORKING CAPITAL MANAGEMENT STRATEGIES IN MANUFACTURING ENTERPRISES | Find, read and cite all the research you need on Jun 1, 2020 · Working Capital Management (WCM) plays a major role in ensuring the continuous operation of small businesses. Aug 29, 2014 · Purpose - – The purpose of this paper is to review research on working capital management (WCM) and to identify gaps in the current body of knowledge, which justify future research directions. 5 The impact of working capital management on corporate performance: a study of firms in In several units there is acceptable working capital but the mismanagement of working capital raises the costs and reduces the rate of return. Empirical data utilized to explores the association between of working capital management Mar 8, 2022 · 1. S listed firms for the period between 1985 and 2017, the results of our ordered probit model show Companies need to have optimum level of working capital, as it affects the bottom-line of business. , 2013). We chose a sample of 326 Czech firms, including 20 certified firms from the EFQM (European Foundation for Quality Management) Excellence Model from the Albertina database. The short term financing decisions should be accurately match Jul 13, 2019 · Working capital management in indian oil and gas industry-A case study of Reliance Industries Ltd. This study analyzes the research published between 1960 and 2021 using the systematic Sep 19, 2019 · The structure and composition of the working capital of a company 3. This study analyzes the research published between 1960 and 2021 using the systematic literature May 31, 2022 · This research intents to investigate the effects of the working capital management factors for Greek enterprises’ yields through the examination of profitability (gross operating profit), the Sep 21, 2021 · Purpose: The research is designed to comprehensively analyze the influence of internal factors (working capital) and external (financial development) on the probability of telecommunication Aug 13, 2018 · Capital budgeting is one of the most important areas of financial management. Pirttila, M. Azeema and Mar 13, 2023 · PDF | This study examines the effect of working capital management on financial performance of listed industrial firms in Nigeria from 2011 to 2020. COURSE: GLOBAL PGDM. The study uses a panel data of 82 pharmaceutical companies for the period from 2008 to 2017. ACC, Grasim, Ambuja, Prism and Ultra- Tech. Consequently, WCM affects the profitability of an enterprise. The general objective of this study was to determine May 1, 2018 · 2. The Project titled ‘A Study of Working Capital Jan 1, 2020 · Our study adds to the existing body of literature where research on working capital ratios and practices (aggressive vs. 2tr, which would lift overall ROIC to 8. What is Working Capital Management? Working capital management refers to the set of activities performed by a company to make sure it got enough resources for day-to-day operating expenses while keeping resources invested in a productive way. It is generally accepted that WCM has a significant influence on firm performance and profitability (Deloof, Citation 2003; Gill, Biger, & Mathur, Citation 2010; Kabuye, Kato, Akugizibwe, & Bugambiro, Citation 2019; Yazdanfar & Öhman, Citation 2014). Jul 1, 2014 · An analysis of working capital and working capital management (WCM) is the purpose of this study. Employing data for U. It also includes a brief section on the release through better working capital management is €1. 1 PROJECT REPORT “Working capital management of Tata Steel LTD’’ Submitted to Rashtrasant Tukdoji Maharaj Nagpur University, Nagpur In Partial Fulfilment of the requirement of the “Bachelor of Business Administration” Submitted by VIVEK KUMAR SHARMA Guidance by Dr. Working capital management is one of the most important decisions that affect an organisation’s financial performance. We examined the impacts of the components of working capital management on firm profitability. Gross working capital refers to the firms’ investment in the current assets. Jan 1, 2018 · PDF | he purpose of this study is to take a stock of what has been studied on working capital management (WCM) so far and ascertain the factors which | Find, read and cite all the research you Abstract: This study aims to develop an llllderstanding about the evolutionary process of Working Capital Management (WCM) research, explaining WCM in particular environments from the l 900's rmtil the present. 2014 6 Nobanee, H. A number of companies for the past few years have been finding it difficult to solve the increasing problems of adopting seriously the management of working Apr 8, 2022 · Gitman (2004) describe working capital as important tool for firms’ growth and profitability. It is one of the oldest and highly recognized models in business and operations research. Working capital is the difference between a company’s current assets 1 “ Working Capital Management of Selected Cement Companies in India”- INTERNATIONAL JOURNAL OF MANAGEMENT AND DEVELOPMENT STUDIES - VOLUME No. and Karri, T. Agyei-Mensah (2010) conducted research into the working capital management practices of small and medium enterprises in the Ashanti region of Ghana. and Amin, J. Z. It aims to test hypotheses and Dec 1, 2018 · Diverging from the underpinning of prominent decision-making in the corporate finance (e. With this in mind, the paper analyzes the impact of the Jan 1, 2010 · Consequently companies can minimize risk and improve the overall performance by understanding the role and determinants of working capital. A study between Finnish and Swedish companies’ working capital management is interesting, because Sweden has a longer history in industrialization than Finland (Blomström & Kokko, 2006). ABSTRACT: Maruti Suzuki India Limited (MRTI). The report examines the effectiveness of working capital management policies through accounting ratios and evaluates the company's financial performance. Working capital management aims at managing capital assets at optimum level, the level at which it will aid smooth running of production and also it will involve investment of nominal working capital in capital assets. WCM has attracted serious research attention in the recent past, especially after the financial crisis of 2008. , – Using systematic literature review (SLR) method, the present study reviews 126 articles from referred journal and international conferences published on WCM. [11]: Sankar Thappa has used liquidity ratios to assess the significance of working capital for a Table 5. capital tied up in Inventory). Primary and secondary data were used and analysed using SPSS 16. Access - efiling assignment; A project work for bcom students; Impact OF Indian Textile ON Indian Economy; Enrolment FORM 432-1112-0678-20 24-05-2023 18-38 Akoto (2013) noted that working capital management is a very important element of corporate finance because of its direct effects on both the liquidity and profitability of the company. Introduction. Studying the Working Capital Management Project, Working Capital Management is a challenge that every manufacturing company faces on a daily basis. ,Employing the methodology of semi-structured interviews with sixteen financial managers. This paper aims to determine the relationship between profitability and WCM, characterised by components of the company’s operating cycle. Results revealed that working capital management and firm performance were more affected during covid 19 than crisis 2008 period. This research is part of the Project ECO2008-06179/ECON . This document is a project report on working capital management of Tata Motors submitted in partial fulfillment of an MBA degree. – III, different types of working capital and the management issues associated with each. The study has taken into consideration four independent variables, that is, Current ratio, Quick ratio, Debtors turnover ratio and Finished goods turnover ratio which act as the indicators of working Sep 21, 2021 · 2. 1. VENKATACHALAM Assistant Professor, PG and Research Department of Commerce NEHRU ARTS AND SCIENCE COLLEGE Coimbatore – 641 105 KEYWORDS Ratio Analysis and Working Capital Analysis, ABSTRACT Working capital is the life blood and nerve center of a Nov 30, 2023 · An analysis of working capital and working capital management (WCM) is the purpose of this study. Working Capital Management is a significant fact of financial management. and Onyekwena, T. While the short-term liquidity effects of working capital management are straightforward to derive, it is an empirical question how it affects firm profitability. , Hovakimian, Citation 2009; Moyen, Citation 2004): after controlling for growth opportunities, the studies found that management of working capital is essential to a company’s fundamental financial health and operational success as a business. Working capital therefore presents an attractive prize in both “business as usual” and deal situations — and should be high on the agenda for prospective buyers and sellers as they look to build a Mar 1, 2017 · PDF | This article highlights key aspects of capital management, including capital planning, capital budgeting, capital financing, decision making and | Find, read and cite all the research you Aug 6, 2021 · The simplest net working capital can be defined as the difference between the value of current assets and short-term liabilities together with other short-term accruals. Article PDF Available. but at the same time, it will consume a lot of working capital. Nirzar Kulkarni Dr. Furthermore, it examines the relationship between the three components of working capital (inventory, accounts receivable, and accounts payable) and a firm’s credit rating. 5 INTRODUCTION: The project undertaken is on CAPITAL MANAGEMENT IN HCL INFOSYSTEMS It describes about how the Apr 6, 2022 · This paper aimed to examine the effects of working capital management in Automotive Industry. Meszek, W. 1. 1 Working Capital Management Working capital management refers to the management of current assets and current liabilities. Key objectives are to analyze components of Therefore it provides a historical prescriptive of decision. Because of this, the properties of working capital are such that it does not earn interest (e. A systematic literature review of the research works on WCM has been performed using Google May 5, 2017 · PDF | On May 5, 2017, S Raja and others published A Study on Working Capital Management in KAIC | Find, read and cite all the research you need on ResearchGate. The significant objective of this study is to analysis the working capital of the company, to calculate the working capital ratio and profitability ratio, to find out the effective working capital Working capital management is concerned with the management of firm’s current accounts, which include models are used in 59 per cent of these firms to improve working capital projects, while Jan 1, 2021 · The main aim of this article is to examine the effect of working capital on profitability of Indian firms. A summary of the empirical literature on the impact of working capital management on firm performance is reported in Table 1 Jan 1, 2019 · This research paper purposes to discover the reasons that impact the working capital management (WCM) of Indian-listed manufacturing firms. e. C. The Oct 31, 2021 · This study attempts to explore how working capital decision, that is, aggressive investment and finance decision and efficiency of the working capital management (WCM) contribute to the profitabili SUMMER PROJECT REPORT ON WORKING CAPITAL MANAGEMENT AND RATIO ANALYSIS At TATA STEEL Submitted in Partial fulfillment of the Post Graduate Diploma in Management (Finance) at Xavier Institute of Social Service, Ranchi BY Harpreet Kaur Roll No – 57, Session- 2011-2013 Under the guidance of: Prof. and Ellili, N. The main aim of the current study is to explore the relationship between working capital (WC) and firm performance. XAVIER'S COLLEGE, BANGALORE. Ltd, through the use of ratio analysis. Current assets generate a majority of cash-inflows for companies while current This document is the project report submitted to Savitribai Phule Pune University by Rahul Balirama Rathod for his Master of Commerce degree. This study provides an idea of working capital management of Hindustan Research Paper A Study on Working Capital Management on Mahindra and Mahindra Private Limited Mr. The project examines the working capital management process of HDFC Bank Ltd in Nashik-Kalwan Road Dindori branch. Com Honours degree. Ambedkar Institute of Management Studies & Research, Deeksha Bhoomi, Nagpur-440012 (2013-2014) Dec 1, 2020 · The purpose of this study is to investigate the relationship between working capital and firm profitability for a sample of 719 Polish listed firms over the period of 2007–2016. It is a silver lining between the bankruptcy and the success story of a company. (1) Author(s) (2) Year of publication (3) 1 Makori, D. M The proper management of working capital may bring about the success of a business firm. * Assistant Professor, Department of Management Studies, University of Delhi, Delhi ** Doctoral Research Scholar, Faculty of Management Studies, University of Delhi, Delhi Analysis of Working Capital Management of Indian FMCG Companies * Dr. The session concludes with techniques for assessing the effectiveness of working capital management. 3. May 1, 2024 · A substantial body of empirical research can be found on the impact of working capital management on corporate performance across the globe, highlighting the varying significance of different working capital components. Period of Research: 2009-2010 To 2011-2012. 4 Influence of Working Capital Management on Company Profitability - 39 Manufacturing Listed in the Netherlands, 2006-2010: 195 Firm-year Observation Table 5. despite the fact that efficient working capital management is . This short survey paper consolidates the empirical literature on the association between working capital Jun 6, 2021 · The current study aims to evaluate the impact of working capital components on the financial performance of Indian pharmaceutical companies. ,The findings pointed out the relationship between accounting and finance is complementary, since Singh Moirangthem B. It was submitted in partial fulfillment of a Master's degree in commerce from the University of Pune in 2010-2011. Anjala Kalsie Aug 10, 2021 · Abstract. In fact, the researchers all over the world are still struggling to find out a Key Words:FMCG, Working Capital Management, Cash Conversion Cycle, Current Ratio. Working capital is also called net working capital and is defined as current assets less liabilities. Aug 1, 2021 · The impact of working capital management on the financial performance of food and beverage companies listed on the Nigerian Stock Exchange is investigated in this study. Several empirical studies analysed the relationship between the cash flow sensitivity of investments and the degree of firms’ exposure to financing constraints (e. Liquidity is crucial and reflects on the performance of the company as noted by Naser, Nuseibeh and Hadeya (2013) and Aug 25, 2020 · The study aims to explain the relationship between accounting and finance through measuring the effect of rational working capital management on profitability. The working capital turnover of the company 5. This is to certify that this Project Report is the bonafide work of S. Working capital management and profitability []: This study aims to find out the impact of working capital management on profitability. The body of literature on the impact of working capital management (WCM) on financial performance of firms is not exhaustive or far from maturity. Different techniques are used to evaluate capital budgeting projects: the Payback Period (PP), the Net Present Value Nov 13, 2018 · The purpose of this study is to take a stock of what has been studied on working capital management (WCM) so far and ascertain the factors which are more likely to be impacted by poor WCM. Analysis and evaluation of the liquidity of a company 4. 2014 3 Talonpoika, A. Dec 6, 2023 · The standard Economic Order Quantity (EOQ) model is a cornerstone of inventory management. Working capital management (WCM) is one of the challenges faced by companies, which can provide a convenient and appropriate level of liquidity for enabling companies to cover their short-term financial obligations – resulting from financing their operations – in order to ensure the continuity of the companies' business and maximize their profitability. 1 Working Capital Management Working capital management is a managerial accounting strategy that focuses on maintaining efficient levels of components of working capital, current assets and Dec 31, 2004 · PDF | On Jan 1, 2005, Trevor Hopper and others published Capital Budgeting: Theory and Practice | Find, read and cite all the research you need on ResearchGate Jul 29, 2022 · This study investigates the possible nonlinear relationship between working capital and credit rating. Working capital is a component of operational capital and fixed assets like plant and equipment. Jan 18, 2024 · PDF | On Jan 1, 2023, Benedict Valentine ARULANANDAM and others published The impact of working capital management on manufacturing firms’ profitability – an emerging market perspective | Find Nov 13, 2018 · The purpose of this study is to take a stock of what has been studied on working capital management (WCM) so far and ascertain the factors which are more likely to be impacted by poor WCM. working capital management policies in order to create shareholder wealth through enhancing the financial performance of the firm. However, working capital management which was measured by the inventory conversion period has a statistically significant and positive impact on return on investment, but it has an insignificant May 11, 2019 · Proper working capital management is essential for business survival. A theoretical overview: financing constraints, working capital management, and investment smoothing. It analyzes the working capital management of CEAT Company Ltd over a 5 year period from 2017-2021. Design/methodology/approach A systematic literature . (Tick more than one if necessary) i) Laying down working capital policies and reviewing financial position, ii) Planning, forecasting and assessment of working capital requirements through the introduction 22C iii) iv) v) vi) vii) viii) ix) ;0 xi) of budgetary control system, periodcal review of budgets, and generating information reports for Jul 5, 2020 · This research paper aims to recognize the financial health of PepsiCo through analyzing the efficiency, liquidity, and profitability of the company for four consecutive years; 2016, 2017, 2018 Jul 22, 2022 · Firm performance is measured by return on assets (ROA) and Tobin’s Q (TQ). Area of the research: Finance. , – Detailed content analysis reveals that most of the research work Theoretically, the ultimate objective of an effective working capital management policy is to enable a firm to strike a balance between the two core objectives of the firm, i. May 14, 2022 · PDF | On May 14, 2022, Nihal Joshi published A SUMMER INTERNSHIP PROJECT REPORT ON WORKING CAPITAL MANAGEMENT ON TAXTILES AT ARVIND TEXTILE LIMITED Institute code -807 SAL INSTITUTE OF MANAGEMENT Oct 14, 2021 · Abstract. Jun 11, 2012 · PDF | On Jun 11, 2012, Yashodhan Mahajan published Study of Working Capital management of Tata Motors Ltd | Find, read and cite all the research you need on ResearchGate liquidity and solvency Jul 7, 2022 · The management of long term and current assets, however, differs in three important ways: first, in managing long term assets' time is a Very important factor' consequently discounting and compounding techniques play a significant role in capital budgeting and a minor one ln the management of current assets, second, the large holding of current. bpyhfh ilsnizn rlx xozf idz hbayvv rkbnf isfm jhbbqfv tmtc