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Synopsis A Study On Working Capital Management BSNL., at Guntur
Synopsis A Study On Working Capital Management BSNL., at Guntur
A STUDY ON
WORKING CAPITAL MANAGEMENT
BSNL.,
AT GUNTUR
INTERNAL GUIDE : Presented BY : External Guide :
INTRODUCATION
Working capital is that amount of funds, which is required to carry out the day-to-day
operation of an enterprise where big or small.
It may also regard as that position of an enterprise total capital which is employed in its
short-term operations.
These operations consists of primarily such items such as raw materials, semi-finished
goods, finished goods, sundry debtors, short-term investments etc.
Thus working capital also refers to all the short-terms assets known current assets used in
day-to-day operations of an organization.
INDUSTRY PROFILE
Telecommunication is the lifeline of the rapidly growing Technology industry. Under the
"Bharat Nirman Programme, the Government of India will ensure that 66,822 revenue villages in
the country, which have not yet been provided with a Village Public Telephone (VPT). Will be
connected. The value added services (VAS) market within the mobile industry in India has the
potential to grow from $500 million in 2006 to a whopping $10 billion by 2009.
COMPANY PROFILE
Name : BSNL
INDUSTRY : Tele communcation
FOUNDED : 2000
MD & CEO : Pravin Kumar Purwar
HEADQUATERS : NEW DELHI
RESEARCH METHODOLOGY
Definition
“Working capital is an amount of fund is necessary to cover the cost of operating the
enterprise”. -Cubing
The study does not touch all the units of BSNL LIMITED
Limited span of time is a major limitation of this project.
The present study cannot be used for inter firm comparison.
The result does not reflect the day to day transactions.
The study does not cover the all working capital. Balancing liquidity, profit
FINDINGS
There is no consistency level in working capital of the organization
There are more fluctuations in current ratio of the company
There is increase in quick ratio due to increase in quick assets
The cash position ratio is in declining trend
There is no efficiency in utilization of working capital
The value of fixed assets fluctuates year by year
SUGGESTIONS
The company should maintain constant level in working capital
The company must increase the value of current assets
The company good at maintaining quick assets
The cash resources should be utilized effectively
Working capital should be utilized properly in organization
There should be increase in value of fixed assets
CONCLUSION
The overall performance of the company will depend upon the performance from
liquidity, solvency and turnover. Therefore, it is concluded that the company has to evaluate
the appropriate strategy in all such directions which will certainly drive the company to the
new heights.
BIBLOGRAPHY
BOOKS:
WEDSITES
www.google.com
www.bsnl.com
www.trai.com