International Journal of Engineering and Management Research (IJEMR)

  • Year: 2014
  • Volume: 4
  • Issue: 6

An Evaluation of Working Capital Management of Select Cement Industrial Units in Tamilnadu

  • Author:
  • R. Angamuthu
  • Total Page Count: 5
  • DOI:
  • Page Number: 104 to 108

Assistant Professor, Commerce Wing, DDE, Annamalai University, Annamalai Nagar, India

Abstract

In this paper examine working capital position of the select cement industrial units between 2000–01 and 2009–10. The five cement companies, four private owned and one Government owned are considered for the study. Results of the analysis reveals that Regarding efficient management of working capital in the business, the Madras cements, Chettinad cement and TANCEM were found to have efficiently managed working capital during the period. But when all companies were pooled together, working management efficiency was found to be at moderate level.

Keywords

Long-term solvency, Short-term solvency, Gearing, Coefficient of Variation (CV), Compound Growth Rate (CAGR) and Linear Growth Rate (LGR)