WORKING CAPITAL MANAGEMENT

The review is on working capital administration in Texan Stone India Pvt Ltd. The review outfits the administration of thought regarding the presentation of working capital of the organization. The issues that come up while trying to manage current assets, current liabilities, and their relationships are addressed by working capital management. The assets that can be turned into cash in the normal course of business within a year without losing value are considered current assets. Cash on hand, cash in the bank, various debtors, bills receivable, shares, pre-paid costs, etc. are examples of current assets. The term "current liabilities" refers to debt obligations that must be settled in the normal course of business within a year using the company's current assets or earnings. Every business requires money for two things: to get started and to run its daily operations. The management of the company's short-term assets and liabilities is crucial for this goal. For every firm to function, working cash is absolutely necessary. Before starting to sell the products, a decent manufacturing business needs some basic money to produce the items. It must take care of the costs associated with manufacturing, administration, and selling. This project intends tostudy the working capital position of the Public enterprises. This study aids in locating potential improvement areas. Further recommendations were given,which the business may include into a future programme to improve the efficient use of all resources. The key components of the theory of working capital management are the optimal level of current assets, the trade-off between profitability and risk that depends on the ratio of current assets to current liabilities, and financing mix methods.