WORKING CAPITAL MANAGEMENT – THEORY AND PRACTICE

Authors

  • Ramesh Birajdar Vice President – Corporate Finance, Kirloskar Pneumatic Company Limited, Pune, India. Author

Keywords:

Working Capital, Debtors Bad Debt Policy, Efficiency Of Working Capital

Abstract

Working capital management is always crucial in any business. Efficiency of working capital is determined based various tools used by the companies. However in practice, companies do follow different tools to reduce working capital which is directly impacting profitability of the company. Whether to adopt aggressive policy or lenient policy is exclusively depends on the company and it is vary from business to business and company to company.

 

References

Financial Management By Dr. N. M. Vechalekar (2020) Nirali Prakashan

Fundamentals of Financial Management Paperback (2017) by Prasanna Chandra

Provision for bad debts policy – Lear Automotive India Private Ltd.

Provision for excess and obsolescence – Lear Automotive India Private Ltd.

Provision for bad debts policy – Transformers and Rectifiers India Limited.

Provision for bad debts policy – Tata Autocomp Group companies.

Downloads

Published

2023-03-24

Issue

Vol. 1 No. 1 (2023): INTERNATIONAL JOURNAL OF ACCOUNTING AND FINANCIAL MANAGEMENT RESEARCH AND DEVELOPMENT (IJAFMRD)

Section

Articles

License

Copyright (c) 2023 Ramesh Birajdar (Author)

Creative Commons License

This work is licensed under a Creative Commons Attribution-NonCommercial 4.0 International License.

How to Cite

WORKING CAPITAL MANAGEMENT – THEORY AND PRACTICE. (2023). INTERNATIONAL JOURNAL OF ACCOUNTING AND FINANCIAL MANAGEMENT RESEARCH AND DEVELOPMENT (IJAFMRD), 1(1), 1-7. https://lib-index.com/index.php/IJAFMRD/article/view/IJAFMRD_01_01_001