A study on Liquidity Management of Star Cement Limited Meghalaya

Authors

  • Dr. Kailash Chandra Biswal (Associate Professor) Department Of Management, NEHU, Turacampus, Meghalaya, (India),North Eastern Hill University image/svg+xml

Keywords:

Liquidity Management, Star Cement Limited Meghalaya

Abstract

As every enterprise knows that, working capital is the lifeblood and control of nerve centre of the business. Just as circulation of blood is the essential for maintaining life, working capital is also essential for maintaining the smooth running of the business. The importance of working capital management is indisputable; Business liability relies on its ability to effective management of receivables, inventory, and payables. By minimizing the amount of funds tied up in current assets. Firms are able to reduce financing costs or increase the funds available for expansion. Many managerial efforts are put into bringing non-optimal level of current assets and liabilities back towards their optimal levels. Working Capital refers to the amount of capital which is readily available to an organization that is, working capital is the difference between resources in cash and readily convertible into cash (current assets) and organizational commitments for which cash will soon be required (current liabilities).Thus, working capital involves activities such as arranging the short-term finance, negotiating favourable credit terms, controlling the movement of cash, administrating accounts receivables and monitoring the investments also a great deal of time.

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Published

30-06-2016

How to Cite

Dr. Kailash Chandra Biswal. (2016). A study on Liquidity Management of Star Cement Limited Meghalaya. Jai Maa Saraswati Gyandayini An International Multidisciplinary E-Journal, 1(III), 20–55. Retrieved from http://www.jmsjournals.in/index.php/jmsg/article/view/38