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An Analysis Working Capital Management of selected Indian Cement Companies

Author(s):

Purnachandra Rao Suda , Research Scholar, Rayalaseema University, kurnool-AP ; Dr. Y. Ramakrishna, R.K Business School, secunderabad ; Purnachandra Rao Suda , spurnachmba@gmail.com; B S R Murthy, Department of Management, Golden Valley Integrated Campus, Chittoor-AP

Keywords:

Cement Industry, Working Capital and Financial Ratios

Abstract

This study is designed to investigate the relationship between working capital management and the firm’s performance by taking a sample of 3 Indian cement forms for a period of 5 years from 2012 to 2016. A quantitative model based on financial ratios to assess the working Capital Management and policies and make more efforts to improve liquidity position and profitability. A significant portion of financial research is concerned with the management of working capital. This issue has been extensively investigated at both conceptual and empirical levels. Very few studies have been made in relation to Working Capital Management (WCM) especially in the cement industry in India. A firm is required to maintain positive Working Capital Management for conducting its day to day Operations. The firms are able to meet its short-term obligations and its continued flow can be guaranteed from a profitable venture.

Other Details

Paper ID: IJSRDV5I41254
Published in: Volume : 5, Issue : 4
Publication Date: 01/07/2017
Page(s): 1362-1365

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