Financial management basically deals with rising of financial resources and its proper allocation in order to maximize share holders wealth. For a successful running of an organization fixed and current assets play crucial role as organization generally invests in this options. A firm’s working capital consists of its investments in short term assets like cash and bank balance, inventories, receivables and short term investments. Therefore the working capital management’s mainly refers to the management of all this individual current assets. In this research paper an attempt has been made to study the components of working capital and the possible implications of working capital management policies on profitability of India cements ltd. The study is based on secondary data collected from annual reports of India cements ltd for the period 2015-16 to 2019-20. In this paper there is an application of ratio analysis to identify the significant impact of working capital management on the profitability.
Working capital, Current ratio, Inventory turnover ratio, Debt equity ratio
International Journal of Trend in Scientific Research and Development - IJTSRD having
online ISSN 2456-6470. IJTSRD is a leading Open Access, Peer-Reviewed International
Journal which provides rapid publication of your research articles and aims to promote
the theory and practice along with knowledge sharing between researchers, developers,
engineers, students, and practitioners working in and around the world in many areas
like Sciences, Technology, Innovation, Engineering, Agriculture, Management and
many more and it is recommended by all Universities, review articles and short communications
in all subjects. IJTSRD running an International Journal who are proving quality
publication of peer reviewed and refereed international journals from diverse fields
that emphasizes new research, development and their applications. IJTSRD provides
an online access to exchange your research work, technical notes & surveying results
among professionals throughout the world in e-journals. IJTSRD is a fastest growing
and dynamic professional organization. The aim of this organization is to provide
access not only to world class research resources, but through its professionals
aim to bring in a significant transformation in the real of open access journals
and online publishing.