A Study On Working Capital Management In Gangothri Textile., Coimbatore

• Author(s):

  Ms.P.Tharani | Ms.Shabana Rahamn

• Keywords:

  Working Capital, Profitability, Credit Policy, Financial Working Capital.

• Abstract:

  Working Capital Management Is Concerned With The Decisions Which Are Related With The Current Assets And Current Liabilities. It Means, It Concerned With Day-to-day Management Activities. The Key Factor, Which Is Use To Differentiate Long Term Financial Management And Short Term Financial Management, Is The Timing Of Cash. The Objective Of The Study Is To Analyze The Working Capital Analysis Of Gangotri Textiles Limited, Coimbatore. The Sample Period Of The Study Is 2019-2020 To 2023-2024. Analytical Research Design Has Been Used. Financial Statement Of The Company Has Been Used As Secondary Data. Ratio Analysis, Trend Analysis And Statement Showing Changes In Working Capital Have Been Applied As Statistical Tool To Reach The Findings Of The Study. It Is Found That The Result Of Debtor Turnover Ratio Were Increased And Collection Period Decreased In The Year 2023-2024 When Compared To Previous Year 2019-2020 ,it Implies That Payments By Debtor Are Quick Because The Turnover Is High And Collection Period Is Short. It Is Suggested That Liquidity Ratio Here Reflects The Firm Ability To Meet Short Term Current Obligation. An Analysis Of These Ratio Revealed That The Liquidity Position Have Been Satisfactory. It Is Concluded That The Management May Concentrate On Keeping The Working Capital More Scientific Method. Proper Analysis Should Be Made In Increases Of Sales, Sales Level Before Changing Credit Policy Variable, Credit Policy Helps To Retained Its Old Customer And Create New Customer By Coming Them Away From Competitors.

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Other Details

• Paper id:

  IJSARTV11I4103262

• Published in:

  Volume: 11 Issue: 4 April 2025

• Publication Date:

  2025-04-22

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