Costs of Maintaining Receivables in MSMEs in Haryana

Success of a company is dependent upon its profits, which, in turn, depend upon the velocity of its capital evidenced by reinvestment rate. A faster velocity of capital is largely dependent upon higher rate and the costs of receivables dependent upon credit sales, as it is in the case of micro, small and medium enterprises (MSMEs). This study explores the costs composition of 455 micro, small and medium-sized companies in Haryana using their primary data by survey method. This paper explores the composition of costs associated with maintaining receivables. The study examined that which cost of maintaining receivables is most considerable with the specific range by the MSMEs entrepreneur.