IGNOU MS-100 (FM) Project – WCM in Kaenat Glass Industries

Working capital management involves the relationship between a firm's short-term assets and its short-term liabilities. The goal of working capital management is to ensure that a firm is able to continue its operations and that it has sufficient ability to satisfy both maturing short-term debt and upcoming operational expenses. The management of working capital involves managing inventories, accounts receivable and payable and cash. A business’s working capital is equivalent to the amount of cash it can deploy very rapidly, as such even very profitable businesses can have working capital problems, in particular, this can develop because of long dated payments from clients. It plays an important role in firm’s growth and profitability and is solely interlinked with the concept of liquidity.

Objectives

• Specifically, the study aims at:
• To study the system of management of working capital in manufacturing industry.
• To give an insight into the concept and process of working capital.
• To study significance of Working Capital in Manufacturing Sector industries.
• To know short term and long term liquidity of the organisation.
• To know factors influencing Working Capital of Manufacturing Sector industry.
• To study current asset ratio and acid test ratio of above organization

Topic Covered

• Introduction
• Literature Review
• Research Methodology
• Company Profile
• Data Analysis and Interpretation
• Findings
• Conclusion
• Suggestion
• Bibliography
• Annexure