Trends of Current Assets in Indian Auto Mobile Companies
Ramneek Kaur1, Sanjay Taneja2
1RRamneek Kaur, Research Scholar, University College of Commerce and Management, Guru Kashi University, Talwandi Sabo, Bathinda (Punjab) India.
2Sanjay Taneja, Asst. Prof, University College of Commerce and Management, Guru Kashi University, Talwandi Sabo, Bathinda (Punjab) India.
Manuscript received on November 12, 2019. | Revised Manuscript received on November 23, 2019. | Manuscript published on 30 November, 2019. | PP: 8495-8501 | Volume-8 Issue-4, November 2019. | Retrieval Number: D8616118419/2019©BEIESP | DOI: 10.35940/ijrte.D8616.118419
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© The Authors. Blue Eyes Intelligence Engineering and Sciences Publication (BEIESP). This is an open access article under the CC-BY-NC-ND license (http://creativecommons.org/licenses/by-nc-nd/4.0/)
Abstract: The present study attempts to provide trends in components of current assets in few selected Indian Automobile companies. With this objective 15 years data has been taken for current assets as well as its components under the heads inventory, receivables, cash and other current assets. The study shows the share of each component in current assets on each single year basis. As a sole figure Average represents the components for entire period of study. The study depicted the change in components of the current assets from the year 2002-03 to 2016-17 in the form of compound growth rate, with statistical techniques like measures of average, standard deviations, coefficients of variations and ratio analysis. T-test has been applied to test significance of results. The study shows intra-comparisons as well as inter-comparison in components in Automobile industry. The results of this study revealed that there is no significant difference among selected Indian automobiles companies with regards to the components of the current assets.
Keywords: Components of Current Assets, Trends, Automobile companies..
Scope of the Article: Seismic Evaluation of Building Nonstructural Components.