Working Capital Management Practices
CS Gowtham1, S. Praveen Kumar2, A. Kamal3
1CS. Gowtham, Department of MBA, Bharath Institute of Higher Education and Research, (Tamil Nadu), India.
2Dr. S. Praveen Kumar, Department of MBA, Bharath Institute of Higher Education and Research, (Tamil Nadu), India.
3Dr. A. Kamal, Department of EEE, Bharath Institute of Higher Education and Research, (Tamil Nadu), India.
Manuscript received on 13 August 2019 | Revised Manuscript received on 04 September 2019 | Manuscript Published on 17 September 2019 | PP: 156-161 | Volume-8 Issue-2S8 August 2019 | Retrieval Number: B13370882S819/2019©BEIESP | DOI: 10.35940/ijrte.B1337.0882S819
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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: VJ Engineers is one of the popular organizations in Chennai. Seeing the good opportunity to study financial systems and practices of VJ Engineers, it is relatively important to take up assignment on ‘WORKING CAPITAL MANAGEMENT IN VJ ENGINEERS’. During the project work, it is being analyzed the working capital position of this organization. [1],[ 3],[5] Decisions relating to working capital and short term financing are referred to as working capital management. These involve managing the relationship between a firm’s short-term assets and its short-term liabilities. The goal of Working capital management is to ensure that the firm is able to continue its operations and that it has sufficient money flow to satisfy both maturing short-term debt and upcoming operational expenses.The study of working capital management is very helpful for the organisation to know its liquidity position. The study is relevant to the organization to know the day to day expenditure. This study is relevant to give an idea to utilise the current assets.This study is also relevant to the student as they can use it as a reference. This report will help in conducting further research. Other researcher can use this project as secondary data uncovering of PDA incorporation in effects on police reports.
Keywords: Management, Capital, Inventors.
Scope of the Article: Runtime Service Management