Welcome to Scribd. Sign in or start your free trial to enjoy unlimited e-books, audiobooks & documents.Find out more
Standard view
Full view
of .
Look up keyword
Like this
0 of .
Results for:
No results containing your search query
P. 1
Keyur (Synopsis)

Keyur (Synopsis)

|Views: 167|Likes:
Published by arya2783
synopsis on A multi-dimensional analysis of working capital management, techniques, tools and changing patterns in a manufacturing concern at vadodara
synopsis on A multi-dimensional analysis of working capital management, techniques, tools and changing patterns in a manufacturing concern at vadodara

More info:

Published by: arya2783 on Dec 23, 2009
Copyright:Attribution Non-commercial


Read on Scribd mobile: iPhone, iPad and Android.
download as DOC, PDF, TXT or read online from Scribd
See more
See less





“A multi-dimensional analysis of working capitalmanagement, techniques, tools and changing patternsin a manufacturing concern at vadodara”
Submitted to,MR. AMOL RANADIVESubmitted by,KEYUR A. PRAJAPATI (8NBVD062)
Manufacturing is the use of machines, tools and labor to make things for use or sale. The termmay refer to a range of human activity, from handicraft to high tech, but is most commonlyapplied to industrial production, in which raw materials are transformed into finished goods on alarge scale. Such finished goods may be used for manufacturing other, more complex products,such as household appliances or automobiles, or sold to wholesalers, who in turn sell them toretailers, who then sell them to end users - the "consumers".Manufacturing takes turns under all types of economic systems. In a free market economy,manufacturing is usually directed toward the mass production of products for sale to consumersat a profit. In a collectivist economy, manufacturing is more frequently directed by the state tosupply a centrally planned economy. In free market economies, manufacturing occurs under some degree of government regulation.Modern manufacturing includes all intermediate processes required for the production andintegration of a product's components. Some industries, such as semiconductor and steelmanufacturers use the term fabrication instead.
The growth rate of manufacturing sector in a country truly reflects its economic potentiality.Most of the developed countries are strong enough in their manufacturing sector.Though the services sector in India has brought faster economic success, still the manufacturingsector plays an important role on the ground of sustainability.In India, though the manufacturing sector is growing at a faster pace still it has failed to someextent with regards to its percentage share in the total GDP.The growth rate of manufacturing sector in the country has reached at a two-digit percentagegrowth in the year 2006-07 from April-August.
Both Government as well as the private sectors has come forward for the development of themanufacturing sector of the country. More investments are being proposed in the sector  particularly in the growth rate of capital goods, consumer durables, and some non-durable goods.The coming budget 2007-08 is to emphasize on the manufacturing sector in India’s Economy for sustaining its growth and achieving development goals.
A well designed and implemented working capital management is expected to contribute positively to the creation of a firm’s value.
The main objective is to examine the trends in working capital management and itsimpact of firms’ performance.
The trend in working capital needs and profitability of firms are to be examined toidentify the causes for any significant difference between the industries.
To study the key variables used in the analysis like inventories days, accounts receivablesdays, accounts payable days and cash conversion cycle.
To analyze how the firm is required to maintain a balance between liquidity and profitability while conducting its day to day operations.
To study the success factors that contribute to success or failure of a particular firm for example availability of attractive financing, economic conditions, competition,government regulations, technology and environmental factors.
To analyze effective management of working capital as it may have a consequent impacton small business survival and growth.
To study how the firm is meeting day-to-day cash flow needs.
To analyze how the firm pays wages and salaries when they fall due.
To know how the firm makes regular payments to creditors to ensure continued suppliesof goods and services.
To know how the firm is meeting with the payments of government taxes
To analyze long term survival of the business entity.

Activity (8)

You've already reviewed this. Edit your review.
1 hundred reads
akmalhoque liked this
Roshan Dasarwar liked this
pgdmfinance liked this
K M Mahadevappaa liked this
sanamalim liked this
riddharoychowdhury liked this
Mamta Malvi liked this

You're Reading a Free Preview

/*********** DO NOT ALTER ANYTHING BELOW THIS LINE ! ************/ var s_code=s.t();if(s_code)document.write(s_code)//-->