ANALYSIS OF WORKING CAPITAL MANAGEMENT OF SELECTED INDIAN FERTILIZER COMPANIES
Keywords:
Working Capital, Fertiliser Companies, IndiaAbstract
Efficient management of working capital assures the sound health of an enterprise. It is related to manage of current assets and current liabilities. The working capital plays an important role for the better liquidity position of any company, as the proportion of the current assets in the working capital will decide the company’s liquidity position. Working capital refers to that amount which meets the Short-term financial requirements of a business enterprise. It constantly changes its form and substance during the normal course of business operations. Management of working capital and liquid-ity are very important issues that are to be considered for the survival of any firm. This paper makes an attempt to evaluate the effectiveness of working capital and liquidity management of the selected fertilizer companies during 2015-2019.
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