A Study on Working Capital Management With Special Reference to Steel Authority of India Limited, Salem

Dr.V.R.Palanivelu; B.Saraswathi Devi

Volume : III, Issue : VII, July - 2014

A Study on Working Capital Management With Special Reference to Steel Authority of India Limited, Salem

Dr. V. R. Palanivelu, B. Saraswathi Devi

Abstract :

Working capital is just like the heart of every business. A study focuses on short term financial management and Working capital management. Working capital refers to that part of the firm’s capital which is required for short–term financing current assets, this keeps revolving fast and constantly converted to cash. Hence, this paper analyses financial viability, structure and utilization of working capital in the company as analyzes for five years form 2008–09 to 2012–13. The study is mainly based on the Secondary data of the company. Further, to measure the effective utilization of the statement of working capital, Ratio analyses were used. It was concluded that the working capital is a vital role of an organisation.