UGC Approved Journal no 63975(19)

ISSN: 2349-5162 | ESTD Year : 2014
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Published in:

Volume 10 Issue 1
January-2023
eISSN: 2349-5162

UGC and ISSN approved 7.95 impact factor UGC Approved Journal no 63975

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Published Paper ID:
JETIR2301461


Registration ID:
507740

Page Number

e417-e419

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Title

EFFECTS OF WORKING CAPITAL MANAGEMENT ON FIRM’S PROFITABILITY

Abstract

“Working capital is the lifeblood and controlling nerve center of a business.” The amounts which a firm invests in working capital are often high in proportion to the total assets employed so it is necessary to use these amounts efficiently and effectively. Therefore, working capital management aims to maintain a balance between liquidity and profitability while conducting the day-to-day operations of the business concern. Working capital management plays a significant role in the improved profitability of a firm. With the help of this, firms are capable of gaining sustainable competitive advantage by employing effective and efficient utilization of the amounts of the organization. The main purpose of any firm is to maximize profit but maintaining liquidity is also an important objective. In a firm, there should be a proper balance between profitability and conducting its day-to-day operations. Because inadequacy of working capital may lead to insolvency of a firm and excessive funds implies idle funds which earn no profits. The management can take the help of various techniques like comparative statements, cash flows statements, cost–volume–profit analysis, ratio analysis, etc. to evaluate its financial performance. This paper aims to analyze the effect of working capital management on a firm’s profitability.

Key Words

Working Capital, Profitability, Firm, Cash, Management

Cite This Article

"EFFECTS OF WORKING CAPITAL MANAGEMENT ON FIRM’S PROFITABILITY", International Journal of Emerging Technologies and Innovative Research (www.jetir.org), ISSN:2349-5162, Vol.10, Issue 1, page no.e417-e419, January-2023, Available :http://www.jetir.org/papers/JETIR2301461.pdf

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2349-5162 | Impact Factor 7.95 Calculate by Google Scholar

An International Scholarly Open Access Journal, Peer-Reviewed, Refereed Journal Impact Factor 7.95 Calculate by Google Scholar and Semantic Scholar | AI-Powered Research Tool, Multidisciplinary, Monthly, Multilanguage Journal Indexing in All Major Database & Metadata, Citation Generator

Cite This Article

"EFFECTS OF WORKING CAPITAL MANAGEMENT ON FIRM’S PROFITABILITY", International Journal of Emerging Technologies and Innovative Research (www.jetir.org | UGC and issn Approved), ISSN:2349-5162, Vol.10, Issue 1, page no. ppe417-e419, January-2023, Available at : http://www.jetir.org/papers/JETIR2301461.pdf

Publication Details

Published Paper ID: JETIR2301461
Registration ID: 507740
Published In: Volume 10 | Issue 1 | Year January-2023
DOI (Digital Object Identifier):
Page No: e417-e419
Country: Nuh, Haryana, India .
Area: Commerce
ISSN Number: 2349-5162
Publisher: IJ Publication


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