Comparative Study on Working Capital Management

Authors

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

Keywords:

Working Capital, Inventory, Profitability

Abstract

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.

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International Journal of Scientific Research in Science and Technology

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Published

2017-12-31

Issue

Volume 3, Issue 8, November-December-2017

Section

Research Articles

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This work is licensed under a Creative Commons Attribution 4.0 International License.

How to Cite

[1]
Ganesh Konda, " Comparative Study on Working Capital Management , International Journal of Scientific Research in Science and Technology(IJSRST), Online ISSN : 2395-602X, Print ISSN : 2395-6011, Volume 3, Issue 8, pp.575-583, November-December-2017.