Management of Working Capital in Textile Sector: Tools to Manage Working Capital

Mushtaq Bhatti, Sabeen, Raza, Mubashar, Iqbal Maseeh, Haroon

ISBN 10: 6202026650 / ISBN 13: 9786202026659

Published by LAP LAMBERT Academic Publishing, 2017

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Bibliographic Details

• Title: Management of Working Capital in Textile Sector: Tools to Manage Working Capital
• Publisher: LAP LAMBERT Academic Publishing
• Publication Date: 2017
• Language: English
• ISBN 10: 6202026650
• ISBN 13: 9786202026659
• Binding: paperback
• Condition: New
• Book Type: book

About this title

Synopsis

Current assets and current liabilities both are present at the same time in the business. The flow of current assets and current in business is like an electric current. The role of working capital is like a heart in the business. As heart provides blood to the whole body same way funds that is generated for working capital is circulated in the firm as this flow the whole operations of the business stop to work. The reason of this is that WC provides funds to the business for the daily operation. That is why managing working capital efficiently is necessary to achieve more profitability and increase marketability of the company. This study has tried to contribute in the literature by studying the impact of working capital management on profitability and market evaluation.

About the Author

Sabeen Mushtaq Bhatti, an MBA graduate from University of the Punjab Gujranwala Campus, Punjab, Pakistan. She is working as finance manager at Al-Dawaa Pharmacy. Her core research area is working capital management. She has published 3 research papers in peer reviewed journals and national/international research conferences.