EFFICIENT MANAGEMENT OF WORKING CAPITAL: A STUDY OF HEATHCARE SECTOR IN INDIA

Kaur Harsh Vineet ()
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Kaur Harsh Vineet: School of Commerce and Management, Sri Guru Granth Sahib World University, Fatehgarh Sahib, Punjab, India

Management Strategies Journal, 2014, vol. 25, issue 3, 53-65

Abstract: Efficient management of working capital means management of various components of working capital in such a way that an adequate amount of working capital is maintained for smooth running of a firm and for fulfilment of twin objectives of liquidity and profitability. Also it is the most crucial factor for survival and solvency of a concern. The present paper attempts to measure the efficiency of working capital of firms in Healthcare Sector in India. The study reveals that most of the firms of this sector have efficiently managed their current assets for the purpose of generation of sales. Further more efficient management of working capital has a positive effect on Income to Average total assets.

Keywords: management working capital; healthcare sector (search for similar items in EconPapers)
JEL-codes: G31 (search for similar items in EconPapers)
Date: 2014
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Persistent link: https://EconPapers.repec.org/RePEc:brc:journl:v:25:y:2014:i:3:p:53-65

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