An Efficacy of Receivables Management of Selected Two and Three Wheelers Sector in India

This paper examines the efficiency of receivables management of the selected two and three wheelers sector in India. The period covered in this study is fifteen years commencing from 1994-95 to 2008-09, which is supposed as a normal and stable period. The study was mainly based on secondary data and required information were collected from PROWESS, which is the most reliable and empowered corporate database of CMIE. Finally he concluded the collection period of all companies was less than the Tandon Committee's suggested norms in case of Kinetic Engineering Ltd, Majestic Auto Ltd and Kinetic Motors Ltd, it was higher than the industry average and in case of Hero Honda Motors Ltd, TVS Motor Company Ltd, Maharastra Scooters Ltd and Scooters India Ltd collection period was lower than the industry average.