TABLE OF CONTENTS:
Chapter-I ------------------------------------------------------------------2-10
Introduction
Definition
Concept of Working Capital Management
Need for Working Capital
Types of Working Capital
Determinants of Working Capital
Chapter-II ----------------------------------------------------------------11-14
About ELF Lubricants
Objectives of the Study
Scope of the Study
Chapter-III --------------------------------------------------------------15-17
Design of the Study
Methodology
Sources
Limitations
Chapter-IV-------------------------------------------------------------18-43
Data Analysis and Interpretations
Chapter-V--------------------------------------------------------------- 44
Suggestions
Chapter-VI-------------------------------------------------------------- 45
Bibliography
Chapter-VI-------------------------------------------------------------- 46-54
Annexure
DEFINITION OF WORKING CAPITAL:-
In the words of Prof.S.C.Kuchhal, “Working capital has to be, regarded as one of the conditioning factors in the long run operations of a firm which is often inclined to treat it as an issue of short run analysis and decision-making”.
In the words of Shubin, “Working capital is the amount of funds necessary to cover the cost of operating the enterprise”.
In the words of Genestenbug, “Circulating capital means current assets of a company that are changed in the ordinary course of business from one form to another as for example from cash to inventories, inventories to receivables, receivables into cash.
CONCEPTS OF WORKING CAPITAL:-
There are two concepts of working capital:
1. Gross working capital
2. Net working capital.
In the broad sense, the term working capital refers to the gross working capital and represents the amount of funds invested in current assets. Current assets are those assets, which in the ordinary course of business can be converted into cash within a short...