Working Capital Management- a Case Study of Nalco

Abstract

The investment decision of any business is concerned with the investment in the fixed as well as in the current assets The amount of finance required for fixed and current assets are called fixed capital and working capital respectively Fixed capital is required for the establishment of the business and helps in the revenue generation process whereas working capital is required to utilise the fixed assets. Management of working capital is an important task as it has impact on the profitability of the firm It is evident in the past that many firms have gone into liquidation due to dearth of fund i.e. working capital. The present study is an attempt to analyse the working capital management at NALCO