Working capital management in co-operative milk producers union ltd”- Pondicherry

Abstract

Working capital management in The Pondicherry refers to the administration of all aspects of current Assets and current liabilities. Generally the main components of current Assets are inventories, sundry debtors, cash and bank balances and other liquid Assets like short term/temporary investments. Similarly Current liability comprises of bank borrowings, trade creditors, bills payable, and other account payables with in a short period in a year. The corporate finance department’s managers evaluate and determine the levels and composition of current Assets and current liabilities. Evaluation of right sources, right timing and utilization of funds in respect of current Assets and current liabilities perpetually is the theme of working capital management. Here an attempt has been made to analyses the efficiency and efficacy in managing working capital and its component management namely.