Impact Of Working Capital Management On Firms’ Profitability And Liquidity: A Critical Assessment
Dr. Mohit Kumar Ojha, CA Priti Sharma1, Shaurya Saluja, DR. Rajesh Kumar Upadhyay.
Abstract
Working capital is essential for making important financial choices. An integral part of managing working capital is ensuring that it remains liquid on a day-to-day basis. Today's business is all about keeping the ship afloat and paying the bills. Therefore, it is important to evaluate the aspects involved in working capital management, such as the time it takes to collect receivables, store and sell inventory, pay bills, and convert cash. This study's overarching goal is to determine how changing the days of collection, payment, conversion to inventory, sales, and finally the cash conversion cycle affects a company's profitability and liquidity.
scite shows how a scientific paper has been cited by providing the context of the citation, a classification describing whether it supports, mentions, or contrasts the cited claim, and a label indicating in which section the citation was made.
The articles in Bibliomed are open access articles licensed under Creative Commons Attribution 4.0 International License (CC BY), which permits use, sharing, adaptation, distribution and reproduction in any medium or format, as long as you give appropriate credit to the original author(s) and the source, provide a link to the Creative Commons licence, and indicate if changes were made. To view a copy of this licence, visit http://creativecommons.org/licenses/by/4.0/.
We use cookies and other tracking technologies to work properly, to analyze our website traffic, and to understand where our visitors are coming from. More InfoGot It!
