Published Paper Details:

Management of a company's working capital entails controlling the balance between its current assets and current liabilities. The term "working capital" refers to money that a company uses to purchase immediate assets. Namely, goods in stock, accounts receivable, cash on hand, and loans and advances made to other parties. These current assets are crucial to the efficient running of the firm and effective utilisation of the fixed assets. Both liquidity and profitability may be affected by how effectively you manage your working capital. The cash available for daily operations is the engine that keeps a company running. Similar to how blood flow is vital to keeping a physical organism alive, a company's working capital is critical to keeping operations going smoothly. Without regular access to funds, it would be impossible to keep a firm afloat. It is often held that a company's profitability and liquidity levels are correlated negatively. To assist sustain future development, this study analyses the effect of steel authority of India ltd.'s working capital management practises over the fiscal years 2006 through 2016. Ratio analysis and a declaration of W.C. change are employed as research methods here