South Asian Journal of Management

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Working Capital Management Efficiency and Firm Profitability:A Study of Indian Retail Industry


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1 Accounting and Finance, Management Development Institute, Gurgaon, India
     

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Working capital management is an important part in firm financial management decision. Inefficient management of working capital suffers firms, so an optimum level of working capital and its efficient utilization is the key to a smooth inflow of profit. In this paper, we analyze the working capital management in the Indian retail industry not only in totality but also in segmental performance as far as possible. The present study evaluates the various components of working capital; appraise the utilization of current assets and finds out the relationship between working capital efficiency and profitability in the units under study. The results of our research showed that proper working capital management helps in efficient utilization of resources, as evident by regression analysis results also.
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  • Working Capital Management Efficiency and Firm Profitability:A Study of Indian Retail Industry

Abstract Views: 140  |  PDF Views: 0

Authors

Sandeep Goel
Accounting and Finance, Management Development Institute, Gurgaon, India

Abstract


Working capital management is an important part in firm financial management decision. Inefficient management of working capital suffers firms, so an optimum level of working capital and its efficient utilization is the key to a smooth inflow of profit. In this paper, we analyze the working capital management in the Indian retail industry not only in totality but also in segmental performance as far as possible. The present study evaluates the various components of working capital; appraise the utilization of current assets and finds out the relationship between working capital efficiency and profitability in the units under study. The results of our research showed that proper working capital management helps in efficient utilization of resources, as evident by regression analysis results also.