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Effectiveness on Profitability: Working Capital Management

For a successful working of a business organization fixed and current assets play a vital role? Management of working capital is essential as it has direct impact on profitability and liquidity. An attempt has been made in this paper to study the working capital components and impact of working capi...

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Bibliographic Details
Published in:SCMS journal of Indian management 2011-01, Vol.8 (1), p.73
Main Authors: Pandey, Shishir, Jaiswal, Vikas Kumar
Format: Article
Language:English
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Summary:For a successful working of a business organization fixed and current assets play a vital role? Management of working capital is essential as it has direct impact on profitability and liquidity. An attempt has been made in this paper to study the working capital components and impact of working capital management on profitability of NALCO. The paper also makes an attempt to study the correlation between liquidity and profitability (PBT) of NALCO, the study is based on secondary data collected from annual reports of NALCO for the study period 1995 to 2008. Ratio analysis and percentage method and co-efficient of correlation have been used to analyze the data. Multiple regressions were used to check the significant impact on the profitability of NALCO. [PUBLICATION ABSTRACT]
ISSN:0973-3167