UGC Approved Journal no 63975(19)

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

Volume 11 Issue 2
February-2024
eISSN: 2349-5162

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

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Published Paper ID:
JETIR2402339


Registration ID:
532758

Page Number

d306-d313

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Title

STUDY ON WORKING CAPITAL MANAGEMENT IN TEXTILE INDUSTRY

Abstract

A complex component of financial strategy, working capital management calls for ongoing consideration and modification. Through comprehension and efficient management of key factors that determine working capital, companies may maximise their working capital and guarantee resilience and continuous expansion in the ever-changing business landscape of today. A company's profitability is also impacted by how its working capital is managed. Given that the majority of textile companies invests a sizable sum of money in working capital and relies heavily on short-term payables for funding, it stands to reason that how working capital is managed will have a big influence on companies' profitability. A sample of ten businesses has been chosen for this purpose from the specified industry, Numerous statistical and accounting approaches, including regression analysis, trend analysis, correlation matrix analysis, and ratio analysis, have been employed throughout the analytical process. The results show Descriptive Statistics for working capital for selected years 2012-2023. Total 10 companies selected for this ratio analysis. Secondary data is used and is received from their respective annual reports. Total 10 outcomes are provided based on year 2012-2023. Mean, SD are calculated based on their data received by oscillators chart.

Key Words

Working Capital Management, Textile Industry, Cash Management, Inventory Management etc.

Cite This Article

"STUDY ON WORKING CAPITAL MANAGEMENT IN TEXTILE INDUSTRY", International Journal of Emerging Technologies and Innovative Research (www.jetir.org), ISSN:2349-5162, Vol.11, Issue 2, page no.d306-d313, February-2024, Available :http://www.jetir.org/papers/JETIR2402339.pdf

ISSN


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

"STUDY ON WORKING CAPITAL MANAGEMENT IN TEXTILE INDUSTRY", International Journal of Emerging Technologies and Innovative Research (www.jetir.org | UGC and issn Approved), ISSN:2349-5162, Vol.11, Issue 2, page no. ppd306-d313, February-2024, Available at : http://www.jetir.org/papers/JETIR2402339.pdf

Publication Details

Published Paper ID: JETIR2402339
Registration ID: 532758
Published In: Volume 11 | Issue 2 | Year February-2024
DOI (Digital Object Identifier):
Page No: d306-d313
Country: -, -, India .
Area: Engineering
ISSN Number: 2349-5162
Publisher: IJ Publication


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