Sundry Debtor

35

30

25
20

15 Sundry Debtors

10

0
FY 2006-07 FY 2007-08 FY 2008-09

Figure showing the three consecutive financial years’ sundry debtors.

Current Assets- includes cash & those assets which can be easily

converted into cash within a short period generally one year such as

marketable securities , bills receivables, sundry debtors, inventories, work

in progress, prepaid expenses etc .The total current assets are the sum of

below contingency i.e.

Current Assets = Stock/ Inventory + Sundry Debtors + Advances

+ Cash and bank balances + other current assets

WORKING CAPITAL MANAGEMENT IN PARAS HOSPITALS

FY 2008-09

FY 2007-08
Current Assets

FY 2006-07

41.15 41.2 41.25 41.3 41.35 41.4

Net Current Assets- this the other name to working capital, implies

current assets-current liabilities

Net Current Assets

47% 48%
FY2006-07
FY2007-08
FY2008-09

5%

Current Liabilities
JK BUSINESS SCHOOL, GURGAON
WORKING CAPITAL MANAGEMENT IN PARAS HOSPITALS

These are those obligations which are payable within a short period of

generally one year and includes outstanding expenses, bills payable,

sundry creditors, accrued expenses, bank overdraft, short term advances,

income tax payable.

80
70
60
50
40 Current Liabilities
30
20
10
0
FY2006-07 FY2007-08 FY2008-09

Contents
JK BUSINESS SCHOOL, GURGAON
WORKING CAPITAL MANAGEMENT IN PARAS HOSPITALS

Chapter 1 Healthcare Industry in India

Sector structure/market size

Health insurance

Investment in healthcare

Medical tourism

Area of opportunity

Government initiative

Chapter 2 Company Overview

Introduction

• Vision

• Mission

• USP

• Inviting IT

• Open to medical tourism

• Socially active

Specialized centres

• Neurosciences

• Joint replacement and orthopaedics

• Paras heart Institute

• Mother and child

• Accident &emergency services at Paras Hospitals

• Nephrology

• Urology

• Advanced facilities

Chapter 3 Working capital management in context of healthcare

organisation
Introduction

The working capital cycle

JK BUSINESS SCHOOL, GURGAON

WORKING CAPITAL MANAGEMENT IN PARAS HOSPITALS

Working capital management strategies

Assets mix strategy

Financing mix strategy

Cash management

Sources of temporary cash

Bank loans

Commitment fees

Transaction notes

Trade credit/payables

Billing, collection, and disbursement policies, and the concept of float

Types of float

Forecasting cash surplus and deficits-the cash budget

Accounts receivable management

Factoring

Chapter 4 Data analysis

Sundry debtors

Current assets

Net current assets

Current liabilities

Ratio Analysis

Liquidity Ratios

• Current ratio

• Quick ratio

JK BUSINESS SCHOOL, GURGAON

WORKING CAPITAL MANAGEMENT IN PARAS HOSPITALS

Chapter- 4
Data Analysis

JK BUSINESS SCHOOL, GURGAON