Comparative Study on Working Capital Management

Authors(1) :-Ganesh Konda

The main part of the financial management is working capital management and it is important for the development of an organisation. Working capital is considered to be life-giving force to an economic entity. When considering about the corporate management, working capital is found to be the most important factor for increasing the efficiency of an organization. It helps in fulfilling the short-term financing requirements of a corporate sector which includes maintaining the best possible balance of accounts receivables, accounts payables and inventory. It is determines the day to day expenditure of an organisation which helps in effective way of handling cash conversion cycle and it is improving the long term profit for the way of improving performance of the company. This study may explain to the different ways of working capital management to develop the sound financial base of the company.

Authors and Affiliations

Ganesh Konda
Department of Management and Commerce, Palamuru University, Telangana, India

Working Capital, Inventory, Profitability

  1. Akoto,R.K.(2013).Working capital management and profitability.Jounal of economics and international finance ,373379.
  2. Al-Shubiri,N.(2010).Analysis of the relationship between working capital policy and operating risk.Investment management and financial innovation, 7, 167-176.
  3. Dash, M. (n.d.).A liquidity-profitability trade of model for working capital management.Business acadamey journal .
  4. Dr. G. Ramanaiah.(2011).Liquidity management in maa fruits private ltd.International journal of research in commerce and management, 2, 68-72.
  5. Ebenezer, A. B. (2013).The relationship between working capital management and profitablity of listed manufacturing companies in India. Interantional journal of business and social research,3,25-34.
  6. Garcia-Teruel, P. J. (2003).Effects of working capital management on SME profitability.
  7. Haresh, B.(2012). Working capital management and profitablity: Evidence from India.GFJMR,2,1-16.
  8. Lazaridis, D. The relationship between working capital management and profitability of listed companies in the Athens stock exchange.,(pp.1-12). Bangalore.
  9. Maria Elfani, P. L. (2010). The effects of working capital management on firms profitablity : Empirical evidence from a emerging market. Journal of business and economic research, 8, 63-68.
  10. Moradi, M. (2012).A comparision on working capital management of chemical and medicine listed companies in Tehran stock exchange.International journal of business and behavioural science,2,62-78.
  11. Mr. Lalit Kumar Joshi, S. G. (2012). Working capital management of Cipla ltdAn emprical study. International journal of marketing,financial services and management research,1(8).
  12. Mumtaz, A.(n.d.). Impact of working capital management on firms performance.IOSR journal of business and management, 93100.
  13. Napompech, K. (2012). Effects of working capital management on the profitablity of Thai listed firms.International journal of Trade,Economics, Finance, 3, 227-232.
  14. OWOLABI. (2010). The study of working capital management as a financial strategy.Asian journal of business and management sciences, 2,1-8.
  15. Padachi, K. (2006). Trends in working capital management and its impact on firms performance.International review of business research papers, 2, 45-58.
  16. Prof.K.R.Ramana,D.R.(15).Examine the working capital management practices of construction firms-A comparitive study of HCC and SIL.Pacific business review international,7(12).
  17. SEN,M.(n.d.).Relationship between the efficiency of working capital amangement and company size.
  18. Sharma,D.(2013).A comparative analysis of working capital management between public and private sector steel companies in India.International journal of management and social science research, 2,77-82.
  19. Sharma, M. G. (2016).Working capital management and its impact on profitablity. Imperial journal of interdiciplinary research, 2 (3), 265-271.
  20. T. Chandrabai, D. R. (2011). Working capital management of Indian electrical equipment manufacturers-A comparitive study. International journal of multi diciplinary research,1 (8).

Publication Details

Published in : Volume 3 | Issue 8 | November-December 2017
Date of Publication : 2017-12-31
License:  This work is licensed under a Creative Commons Attribution 4.0 International License.
Page(s) : 575-583
Manuscript Number : IJSRST1738136
Publisher : Technoscience Academy

Print ISSN : 2395-6011, Online ISSN : 2395-602X

Cite This Article :

Ganesh Konda, " Comparative Study on Working Capital Management ", International Journal of Scientific Research in Science and Technology(IJSRST), Print ISSN : 2395-6011, Online ISSN : 2395-602X, Volume 3, Issue 8, pp.575-583, November-December-2017.
Journal URL :

Article Preview