1Professor, Andhra Loyola Institute of Engineering and Technology, Opp. Poly Technic Post office, Vijayawada, Andhra Pradesh, India Email id: vraopodile@gmail.com
2Associate Professor, Department of Commerce, S.D.M.S. Mahila Kalasala, Vijayawada, Andhra Pradesh, India Email id: sudharaniguduru@gmail.com
3Co-Investigator, DST Project, Andhra Loyola Institute of Engineering and Technology, Vijayawada, Andhra Pradesh, India Email id: dreamworld7982@gmail.com
Online published on 14 August, 2018.
Working Capital Management refers to management of current assets and current liabilities in an organization. This is an important decision area in financial management. Proper working capital management is required for maintaining the trade-off between liquidity and profitability in any Organization. In this paper, an attempt is made to examine working capital management in Sri Srinivasa Spun Pipes Company. Sri Srinivasa Spun Pipes Company is a Micro Enterprise belongs to Andhra Pradesh state of India. This enterprise is located in Renigunta of Chittoor district. Sri Srinivasa Spun Pipes Company is manufacturing RCC spun pipes and Pre-Stressed Cement Concrete (PSCC) Poles. RCC Spun Pipes and PSCC poles are mostly used for various civil construction purposes. In this paper, an attempt is made to analyze the structure and composition of the working capital during the period of study covering ten years from 2006–07 to 2015–16. Attempt is also made to assess the liquidity position of the organization, to examine gross working capital turnover, to study net working capital turnover and to examine the efficiency in utilization of various current assets. Chi-square test is used to test the hypotheses formed.
Current ratio, Debtors turnover, Gross working capital turnover, Inventory turnover, Net working capital turnover, Super Quick ratio
