Trends of Current Assets in Indian Auto Mobile Companies

Abstract

The present study attempts to provide trends in components of current assets in few selected Indian Automobile companies. With this objective 15 years data has been taken for current assets as well as its components under the heads inventory, receivables, cash and other current assets. The study shows the share of each component in current assets on each single year basis. As a sole figure Average represents the components for entire period of study. The study depicted the change in components of the current assets from the year 2002-03 to 2016-17 in the form of compound growth rate, with statistical techniques like measures of average, standard deviations, coefficients of variations and ratio analysis. T-test has been applied to test significance of results. The study shows intra-comparisons as well as inter-comparison in components in Automobile industry. The results of this study revealed that there is no significant difference among selected Indian automobiles companies with regards to the components of the current assets.