Working Capital Management and the Financial Health of Retail Companies in India: An Empirical Analysis

Atul Kumar Paul
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Atul Kumar Paul: Assistant Professor, Department of Commerce, Karimganj College

International Journal of Research and Scientific Innovation, 2024, vol. 11, issue 2, 487-494

Abstract: This study investigates the impact of working capital management on the profitability of prominent Indian retail companies, focusing on Aditya Birla Fashion & Retail Ltd., Avenue Supermarts Ltd., Future Enterprises Ltd., Future Lifestyle Fashions Ltd., and Future Retail Ltd. The primary objectives are to assess the relationships between Return on Assets (ROA) and key working capital components, specifically Account Receivable Days (ARD) and Account Payable Days (APD). Altman’s Z-score model is employed to gauge the financial health of these companies over a seven-year period (2014-15 to 2020-21).

Date: 2024
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Persistent link: https://EconPapers.repec.org/RePEc:bjc:journl:v:11:y:2024:i:2:p:487-494

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