COMPARATIVE STUDY OF WORKING CAPITAL MANAGEMENT BETWEEN EICHER MOTOR AND TVS MOTOR COMPANIES


Sonal Singh
Assistant Professor , Faculty of Management, RKDF University, Bhopal
Abstract
Management of working capital for each and every organization is most significant part of the financial activities. However, it is related with liquidity and profitability of the companies. The purpose of the study is to explore the comparison between working capital management of two automobile companies such as Eicher motor and TVS motor. The study was based on secondary data which has been taken from the annual financial report published by the both companies. Total five years of data from 2019-23 has been taken as sample and comparative analysis was conducted by using the coefficient of correlation. The findings of the study showed that working capital of both companies has not been significantly related with each other in the context of current assets and current liabilities.
Keywords: Current assets, current liabilities and working capital.
Journal Name :
EPRA International Journal of Economics, Business and Management Studies (EBMS)

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Published on : 2024-05-07

Vol : 11
Issue : 5
Month : May
Year : 2024
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