Volume : 2, Issue : 12, December - 2013
A Comparative Study of Working Capital Management of Infosys and Tata Consultancy Services Ltd.
Dimple, Ritu Jain
Abstract :
Working capital management is very important element to measure the short term solvency position of a firm and for profitability. Without its proper management, no corporate can run their business smoothly. The purpose of this study is to investigate the impact of working capital management on liquidity, profitability and element of risk on the Infosys and TCS Company. To achieve these objectives, data has been collected from secondary sources and for getting results various kind of statistical tools are used like ratio, average, Spearman’s coefficient of correlation etc. The results reveal that there is a positive correlation between liquidity, profitability and risk. This study will help to both companies in management of their working capital and improving short term solvency position of the companies
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Download PDF Journal DOI : 10.15373/2249555XCite This Article:
Dimple, Ritu Jain / A Comparative Study of Working Capital Management of Infosys and Tata Consultancy Services Ltd / Global Journal For Research Analysis, Vol:2, Issue:12 December 2013