Business, Management and Accounting
5 years ago

Efficient working capital management key to steel industry success in India

Working Capital Management in Selected Indian Steel Companies
Haryani Chandra, A. Selvaraj

Paper Summary

Working capital is crucial for companies to cover daily expenses. Managing it well is key for success. A study on Indian steel companies found that efficient working capital management is vital for business growth. The study used Operating Cycle and Cash Conversion Cycle to measure effectiveness. The size of a company influences how well it manages working capital.

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