05-07-2014, 03:36 PM
Working Capital Management At STERLITE TECHNOLOGIES LTD
STERLITE TECHNOLOGIES LTD.doc (Size: 45 KB / Downloads: 10)
Introduction
Working Capital or circulating capital includes circular flow of funds in day to day or routine activities of business. It reveals more about the financial conditions of a business that almost any other calculation can does. It tells us what would be left, if a company raised all of its short term resources and used them to pay off its short term liabilities.
The more the working capital, the less the financial strain a company experiences. By studying a company’s position, we can clearly see if it has the resources necessary to expand internally or if it will have to turn to a bank to take a debt.
Company profile
Sterlite Technologies Ltd is a leading global provider of transmission solutions for the telecom and power industries. Equipped with a product portfolio that includes optical fibre, telecommunication cables, solutions for system integration, fiber connectivity solutions, neutral networks, power cables and a comprehensive power conductors portfolio. sterlites’s vision is to connect every home on the planet.
Objectives of the study
To study the sources and uses of the working capital.
To study the liquidity position through various working capital related ratios.
To study the working capital components such as accounts receivables, cash management and inventory management.
To make suggestions based on the finding of the study.
Research Methodology
My research will include:
• In this study the Primary data has been collected from Personal Interaction with Finance manager.
• Secondary data : News paper, company records, internet, annual reports & published Balance sheet.
• Tools : Bar diagrams, Tabulation.
• Sample size: Last five years data. (2007-08 to 2011-12)