A Study on Working Capital Management with Special Reference to Select Pharmaceutical Companies in India
Working capital is a vital measure to assess a company's fitness Some time profitable companies can turn insolvent if they fail to manage working capital properly. Working capital determines the sources which are need for running the business smoothly. It inferred that short term liquidity position of a company at a point of time. The researcher analyzed various ratios such as current ratio, quick ratio, debtors’ turnover ratio, stock turnover ratio etc., The study period covers about ten year from 2010 to 2020. The researcher has taken ten pharmaceutical companies as sample size for analysis. The results show that the working capital managed by selected company throughout the period is good and sufficient.