An Analysis on Working Capital Management With Reference To Diamond Engineering Private Limited |
Author(s): |
K.Anjutha , Prince Shri Venkateshwara Padmavathy Engineering College, Tamil Nadu, India; D.Praveena, Prince Shri Venkateshwara Padmavathy Engineering College, Tamil Nadu, India; S.Rathika, Prince Shri Venkateshwara Padmavathy Engineering College, Tamil Nadu, India |
Keywords: |
Working capital Management, Gross working capital |
Abstract |
Working capital Management is significant in financial management. It plays a vital role in keeping the wheel of the business running. Every business requires capital, without it can’t be promoted. Investment decisions. Is concerned with investment in current assets and fixed assets. Working capital plays a key role in a business enterprise just as the role of heart in human body. It acts as grease to run the wheels of fixed assets. Its effective provision can ensure the success of business while its inefficient management can lead not only to loss but also to the ultimate downfall of what otherwise might be considered as a promising concern. Efficiency of a business enterprise depends largely on its ability facts of affirms overall financial management. Analytical Research Design, the researcher has to use facts or information already available and analyze them to make a critical evaluation of available information in an attempt to explain complex phenomenon. The secondary data collection are used. The project is based secondary data collected through 6 years annual reports. Financial tools used for the Analysis, Statement showing changes in working capital, ratio analysis, trend analysis that the company’s working capital and profit is increasing every year. So it indicates and good sign for the company. Its helps to conduct the study in an easy way and it is reveal the performance. |
Other Details |
Paper ID: IJSRDV8I20862 Published in: Volume : 8, Issue : 2 Publication Date: 01/05/2020 Page(s): 1089-1091 |
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