Authors :
Rakesh Chauhan; BODAR YAGNIK RAMESHBHAI
Volume/Issue :
Volume 9 - 2024, Issue 5 - May
Google Scholar :
https://tinyurl.com/2bx6vw76
Scribd :
https://tinyurl.com/4kdbfw8e
DOI :
https://doi.org/10.38124/ijisrt/IJISRT24MAY726
Note : A published paper may take 4-5 working days from the publication date to appear in PlumX Metrics, Semantic Scholar, and ResearchGate.
Abstract :
Effective working capital management is crucial for the financial health and sustainability of businesses across
industries. This research paper aims to investigate and compare the working capital management practices adopted by
companies in different sectors. The study employs a mixed-methods approach, combining quantitative analysis of financial
data with qualitative insights gathered through interviews with industry experts.
The research analyzes the working capital management performance of companies operating in various sectors,
including manufacturing, retail, technology, and services. Key metrics such as liquidity ratios, inventory turnover,
receivables collection period, and payables deferral period are evaluated to assess the efficiency and effectiveness of working
capital management strategies employed by firms in each industry.
Furthermore, the paper examines the impact of industry-specific factors such as demand volatility, supply chain
dynamics, technological advancements, and regulatory environments on working capital management practices. By
comparing and contrasting the findings across different industries, this study provides valuable insights into the factors
influencing working capital management decisions and identifies best practices that can be adapted by companies to
optimize their working capital efficiency and enhance overall financial performance.
The research contributes to the existing literature by offering a comprehensive analysis of working capital management
practices across diverse industries, highlighting industry-specific challenges and opportunities. The findings of this study
have practical implications for managers, investors, and policymakers seeking to improve working capital management
strategies and enhance the competitiveness and resilience of businesses in today's dynamic economic landscape.
References :
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Authors: Dr. S. C. Saxena
Published in: 1985
Journal/Book: Sultan Chand & Sons.
- "BSE (formerly Bombay Stock Exchange) "
- "NSE - National Stock Exchange of India “
- "Tickertape:"
Stock Analysis & Best Financial Tools
- "The Impact of Working Capital Management on Profitability: Evidence from the United States"
Authors: Rahman A. and Nasr M.
Published in: 2007
Journal: International Review of Business Research Papers, Volume 3, Issue 1, Pages 279–300
- "Working Capital Management, Corporate Performance, and Financial Constraints"
Authors: Shin H. H. and Soenen L.
Published in: 1998
Journal: Journal of Business Research, Volume 41, Issue 3, Pages 269–280
- "Effects of Working Capital Management on SME Profitability"
Authors: Gill A., Biger N., and Mathur N.
Published in: 2010
Journal: International Journal of Business and Management, Volume 5, Issue 3, Pages 53–61.
- "Working Capital Management: A Review of Literature and Empirical Analysis"
Authors: Afza T. and Nazir M. S.
Published in: 2009
Journal: International Research Journal of Finance and Economics, Issue 26, Pages 159–168
Effective working capital management is crucial for the financial health and sustainability of businesses across
industries. This research paper aims to investigate and compare the working capital management practices adopted by
companies in different sectors. The study employs a mixed-methods approach, combining quantitative analysis of financial
data with qualitative insights gathered through interviews with industry experts.
The research analyzes the working capital management performance of companies operating in various sectors,
including manufacturing, retail, technology, and services. Key metrics such as liquidity ratios, inventory turnover,
receivables collection period, and payables deferral period are evaluated to assess the efficiency and effectiveness of working
capital management strategies employed by firms in each industry.
Furthermore, the paper examines the impact of industry-specific factors such as demand volatility, supply chain
dynamics, technological advancements, and regulatory environments on working capital management practices. By
comparing and contrasting the findings across different industries, this study provides valuable insights into the factors
influencing working capital management decisions and identifies best practices that can be adapted by companies to
optimize their working capital efficiency and enhance overall financial performance.
The research contributes to the existing literature by offering a comprehensive analysis of working capital management
practices across diverse industries, highlighting industry-specific challenges and opportunities. The findings of this study
have practical implications for managers, investors, and policymakers seeking to improve working capital management
strategies and enhance the competitiveness and resilience of businesses in today's dynamic economic landscape.