International Research Journal of Commerce , Arts and Science

 ( Online- ISSN 2319 - 9202 )     New DOI : 10.32804/CASIRJ

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THE EFFECT OF WORKING CAPITAL MANAGEMENT ON THE PROFITABILITY: A STUDY ON INDIAN CEMENT COMPANIES

    1 Author(s):  CHANCHAL

Vol -  5, Issue- 6 ,         Page(s) : 121 - 131  (2014 ) DOI : https://doi.org/10.32804/CASIRJ

Abstract

This research work is on “The effect of Working Capital ratio on the Profitability” The main purpose of this research work is to test the impact of working capital management on profitability. For this purpose, in this paper we use variable of Gross profit ratio to measure the profitability of company and variables of account receivable turnover, creditors turnover, inventory turnover and current ratio as working capital management criteria. The sample of study includes some Indian cement companies. The results of the research show that there is a significant impact of the working capital management on profitability of company.

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