Working Capital Management, A Review

Abstract

Cogent working capital management is stellar for essence of an organization. Manifold components of current assets and current liabilities should be well managed to facilitate an organization to have apposite working capital structure. Decent working capital equips an organization to honor its obligations in time. Adept working capital management intuits success or failure of an organization. Working capital management is credited as lifeline of every concern. Provision for dexterous working capital management has, thus, developed zenith. Docility of IT industry has espoused primeval essence in a developing country like India due to its major-domos towards the growth of economy. IT companies, therefore, mundanely explore stratagem to redo the biz to ameliorate performance. The study developed on idiolect of distinct indices spills that the selected company, Wipro Ltd.  matter-of-factly eye simpatico healthy financial triumph apropos working capital management in the years under reference. The study sourcing secondary data embosoms that the selected company, Wipro Ltd. has modest working capital and cedes robust spring of dexterity, and is cogent to managers, stakeholders and groundwork in elevating their knowledge mattering working capital position of IT industry in India to greet their own quests.