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Efficient Management Of Working Capital: A Study Of Heathcare Sector In India

Author

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  • Harsh Vineet, KAUR

    (School of Commerce and Management, Sri Guru Granth Sahib World University, Fatehgarh Sahib, Punjab, India)

Abstract

Efficient management of working capital means management of various components of working capital in such a way that an adequate amount of working capital is maintained for smooth running of a firm and for fulfilment of twin objectives of liquidity and profitability. Also it is the most crucial factor for survival and solvency of a concern. The present paper attempts to measure the efficiency of working capital of firms in Healthcare Sector in India. The study reveals that most of the firms of this sector have efficiently managed their current assets for the purpose of generation of sales. Further more efficient management of working capital has a positive effect on Income to Average total assets.

Suggested Citation

  • Harsh Vineet, KAUR, 2014. "Efficient Management Of Working Capital: A Study Of Heathcare Sector In India," Management Strategies Journal, Constantin Brancoveanu University, vol. 25(3), pages 53-65.
    • Handle: RePEc:brc:journl:v:25:y:2014:i:3:p:53-65
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    References listed on IDEAS

    as
    1. Marc Deloof, 2003. "Does Working Capital Management Affect Profitability of Belgian Firms?," Journal of Business Finance & Accounting, Wiley Blackwell, vol. 30(3‐4), pages 573-588, April.
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    3. Haitham Nobanee & Modar Abdullatif & Maryam AlHajjar, 2011. "Cash conversion cycle and firm's performance of Japanese firms," Asian Review of Accounting, Emerald Group Publishing Limited, vol. 19(2), pages 147-156, July.
    Full references (including those not matched with items on IDEAS)

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    More about this item

    Keywords

    management working capital; healthcare sector;

    JEL classification:

    • G31 - Financial Economics - - Corporate Finance and Governance - - - Capital Budgeting; Fixed Investment and Inventory Studies

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