Working Capital Management in Small Enterprise -A Case Study of P L PLAST Pvt. Ltd

Abstract

Abstract: Small and Medium Enterprise (SME) are the biggest contributors to the economy of any country and the same goes with Indian economy. SMEs’ success much depends upon effective working capital management. This paper deals with working capital management in P L Plast Pvt ltd, which is an Indian Small Enterprise of Nellore district in the state of Andhra Pradesh. It is an ISI certified company. In this paper an attempt is made to examine the structure and composition of working capital in the Enterprise during the period of study covering ten years from 2006-07 to 2015-16. An attempt is also made to analyze the liquidity position, to find the gross working and networking turnover and to examine the efficiency in cash, debtors and inventory management in the Small Enterprise under study. Keywords: Cash Turnover, Debtors turnover, Inventory turnover, Liquidity, Small Enterprise