A STUDY ON WORKING CAPITAL MANAGEMENT OF THE SHIVSAMARTH MULTISTATE CO-OPERATIVE CREDIT SOCIETY, TALMAVALE
Dr. Rupesh S Shah
Assistant Professor,
G. A. College of Commerce,
Sangli
Abstract:
Working capital is significant in Financial Management due to the fact that it Plays a pivotal role in keeping the wheels of a business enterprise running. Working capital is concerned with short-term financial decisions. Shortage of funds for working capital has caused many businesses to fail and in many cases, has retarded their growth. Lack of efficient and effective utilization of working capital leads to earn low rate of return on capital employed or even compels to sustain losses. The requirement of working capital varies from firm to firm depending upon the nature of business, production policy, market conditions, seasonality of operations, conditions of supply etc. Working capital to a company is like the blood to human body. It is the most vital ingredient of a business. Working capital if carried out effectively, efficiently and consistently, will ensure the health of an organization. A company invests its funds for long-term purposes and for short-term operations. That portion of a company’s capital, invested in short- term or current assets to carry on its day to day operations smoothly is called working capital.
Present study is descriptive in nature based purely on secondary data. Its motive is to understand working capital management of Shivsamarth Multistate Co-operative Credit Society, Talmavale from academic point of view as it is without changing the scenario as on date.
The findings highlight the challenges faced Shivsamarth Multistate Co-operative Credit Society, Talmavale like Cash flow, liquidity constraints and regulatory compliance. This research contributes to a deeper understanding of working capital management practices in co-operative credit society.
Key words: Cash Flow, Current Assets, Current Liabilities
DOI link – https://doi.org/10.69758/GIMRJ/2503I3VXIIIP0005
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