The Study Of Working Capital Management As A Finacial Strategy For Hero Motocorp Limited
Abstract
Managing the working capital is mandatory because, it has a major significance on profitability and liquidity of the business concern. The various components for measuring the working capital management include the Receivable days, Inventory turnover days, Payable days, Cash conversion cycle, Current ratio and Quick ratio on the Net operating profitability of the Hero Motocorp Limited. The controlled variables like; Fixed assets on total assets, the Debt ratio and the size of the firm (measured in terms of natural logarithm of sales) have also been used for measuring of the working capital management.
Key words: Working capital, Financial strategy, Liquidity, Profitability.
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DOI: https://doi.org/10.37628/ijpe.v2i1.137
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