OBJECTIVES OF THE STUDY
To know efficiency of working capital management of TRL.
To analyse the performance and position of TRL in Refractory’s Industry in India.
To study the overall operating cycle of working capital of the company.
To study receivable management, inventory management and cash management.
To study the Working Capital financing practices of the company
SCOPE OF THE STUDY
Embarking upon the
of the project assigned to me, I was first briefed by the chief of the finance department on the day one and during that session I was being introduced with myinternal guide with whom a well planned agenda was formulated.
It suggested that first I have to go through the annual reports of last five years of TRL.
Following the above was the task of following the functioning, position trend of TRL.After that Itook the job of interpreting the balance sheet and profit & loss account of the concern. Byconducting this research works on the basis of this information’s, various techniques of financialmanagement e.g., comparative statement, trend analysis and ratio analysis etc. were used in thepresent study.
Then interaction with the head of different department with whom we have the work likeINVENTORY, RECEIVABLES etcThe above-mentioned agenda aptly communicates the scope of my project.