EFFECT OF WORKING CAPITAL ON FIRM?S PROFITABILITY: A PRAGMATIC STUDY WITH REFERENCE TO PHARMACEUTICAL COMPANIES IN INDIA.

  • Associate Professor, Department of Mechanical Engineering, GMR Institute of Technology, Rajam, Srikakulam (Dist), Andhra Pradesh(State), India.
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Working capital Management assumes a significance part in the success of business organizations, as a result of its impact on profitability of organizations. The reason for this examination is looking at the relationship between working capital management practices and profitability of listed pharmaceutical firms in India. In this investigation utilized secondary data collected from all the 10 listed pharmaceutical firms in India covering the period from 2011-2016. Working capital of a firm includes on current assets. Current Assets are cash and equivalents, accounts receivable, and inventory items of a firm. Working capital Management is applying investment and financing decision to current assets. The greater part of the researchers discovered positive effect of working capital management choices on profitability of organizations. It specifically influences the liquidly and profitability of firm. In this paper 12 research articles of various researchers have been studied and compared. The outcomes showed impact of working capital on profitability and supported the suggestions.

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[D. Srinivasa Kumar. (2017); EFFECT OF WORKING CAPITAL ON FIRM?S PROFITABILITY: A PRAGMATIC STUDY WITH REFERENCE TO PHARMACEUTICAL COMPANIES IN INDIA. Int. J. of Adv. Res. 5 (Jul). 668-672] (ISSN 2320-5407). www.journalijar.com

D.Srinivasa Kumar
Associate Professor, Department of Mechanical Engineering, GMR Institute of Technology, Rajam, AP., India

DOI:

Article DOI: 10.21474/IJAR01/4767      
DOI URL: https://dx.doi.org/10.21474/IJAR01/4767

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