INTERNATIONAL JOURNAL OF SCIENTIFIC DEVELOPMENT AND RESEARCH International Peer Reviewed & Refereed Journals, Open Access Journal ISSN Approved Journal No: 2455-2631 | Impact factor: 8.15 | ESTD Year: 2016
open access , Peer-reviewed, and Refereed Journals, Impact factor 8.15
A STUDY ON WORKING CAPITAL MANAGEMENT IN DEVAKI CASHEW INTERNATIONAL EXPORTS AND IMPORTS
Authors Name:
Mr. MADHAVAN M
, Dr. IYYAPPAN K
Unique Id:
IJSDR2304361
Published In:
Volume 8 Issue 4, April-2023
Abstract:
The project work entitled “A Study on Working Capital Management” is done with special reference to Devaki International Cashew Exports and Imports”. The study is conducted with the objectives to identify the efficient way of managing the components of working capital management. The working capital is most important factor in a manufacturing concern for their day-to-day operation. Hence this study is conducted with an objective to analyse the various components of current assets and current liabilities. In this study the data was collected from 2017 to 2022 from the annual report of the firm. Thus, suitable suggestions are given according to the analysis and interpretation of the result obtained. This happens because customer pays in advance and so quickly, the business enjoys cash transactions; products are delivered and sold to the customer before the company even pays their suppliers and creditors. Negative Working capital doesn't always mean bad financial condition; it indicates that most of the day-to-day activities are funded by customers rather than company's own working capital. Some latest examples arc movie theatres - customers are paying first and distributors are normally paid later on; Schools/ educational institutions fees paid in advance by the students annually, whereas faculties arc getting salary after on month. When an organization uses supplier's credit and customers' advance to fulfil their day-to-day needs, it leads to a situation of lower or negative working capital. Banks, financial institutions, distributors, retailers with cash business or advance payment contract have negative working capital. Normally, when we analyse working capital, it always refers to normal or positive working capital (excess or current assets over current liabilities).
Keywords:
Working Capital, Asset, Liability, Ratio, Test.
Cite Article:
"A STUDY ON WORKING CAPITAL MANAGEMENT IN DEVAKI CASHEW INTERNATIONAL EXPORTS AND IMPORTS", International Journal of Science & Engineering Development Research (www.ijsdr.org), ISSN:2455-2631, Vol.8, Issue 4, page no.2325 - 2330, April-2023, Available :http://www.ijsdr.org/papers/IJSDR2304361.pdf
Downloads:
000336256
Publication Details:
Published Paper ID: IJSDR2304361
Registration ID:205795
Published In: Volume 8 Issue 4, April-2023
DOI (Digital Object Identifier):
Page No: 2325 - 2330
Publisher: IJSDR | www.ijsdr.org
ISSN Number: 2455-2631
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