A STUDY ON WORKING CAPITAL MANAGEMENT AND PROFITABILITY ANALYSIS OF SELECT IT COMPANIES IN INDIA

Author: 
Dhanabhakyam M and Bharanidevi K
Country: 
India
Abstract: 

For a successful working of a business organization fixed and current assets play a vital role as organization generally invests in these options. An attempt has been made in this paper to study the working capital components and the analysis of working capital management and profitability of 5 IT companies. The paper also tries to study the correlation between liquidity and profitability of selected Infrastructure companies. The study is based on secondary data collected from annual reports of different IT companies for the period 2007 to 2017. In this paper there is an application of correlation analysis to identify the significant of Working capital management on the profitability The various components for measuring the working capital management include the Current ratio and Quick ratio on the Net profitability position of the Indian companies.

 

Volume & Issue: 
Vol. 4, Issue1
Pages: 
1002-1004
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