978-620-0-47649-4

WORKING CAPITAL MANAGEMENT IN STEEL INDUSTRY

A case study of Visakhapatnam steel plant (RINL) Visakhapatnam

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Summary:

Working capital is day to day operational activity, it estimates requirement of funds for smooth operation of manufacturing to selling process. It provides safe and green path for entire operation process. It is the most important requisite of every organisation and it reflects the short-term financial strength of an organisation. Working capital management is the process of planning and controlling the level and mix of the current assets of the firm as well as financing the assets. Specifically, it is required by the financial managers to decide what quantity of cash, other liquid assets, accounts receivables, and inventories the firm will hold at any point of time. The financial manager must decide how the current assets are to be financed. It is sensible activity because if over estimation or under estimation of funds lease to causes, so every business organisation is given more priority for that. This research book will focus on need of working capital, under manufacturing organisation, especially steel sector how can estimate working capital, what are the factors are influencing, those results are prove with use of hypothesis and null hypothesis.

Author:

Durga Prasad

Biographie:

I have been working as Associate Professor in Aditya Global Business School, Surampalem, Kakinada. i had 15 years experience in teach community. i had published 12 articles from national, international level reputed journals and one article from scopus indexed journals list. i had presented and participated national and international level seminars

Number of Pages:

268

Book language:

English

Published On:

2019-11-26

ISBN:

978-620-0-47649-4

Publishing House:

LAP LAMBERT Academic Publishing

Keywords:

Working capital, Current Assets, current liabilities, visaskhapatnam steel plant

Product category:

BUSINESS & ECONOMICS / Production & Operations Management