IDEAS home Printed from https://ideas.repec.org/a/aii/ijcmss/v3y2012i1p122-128.html
   My bibliography  Save this article

Effects of Size on Working Capital Levels of the Firms’ in Steel Industry in India

Author

Listed:
  • D. P. Singh

    (Dean Academics IILM Business School, New Delhi, India)

Abstract

Present study is about investigating the impact of growing size of the company on working capital levels. I considered measures of working capital levels of a company such as net working capital and working capital to sales. The investigation is about how growing size of the company affects working capital levels.I investigated the relationships between size of the firms and various working capital levels, such as net working capital ratio working capital to sales ratio. It is observed that net working capital level and working capital to sales ratio is negatively related to size of the firms. Two relationships net working capital ratio, working capital to sales ratio were found significant at 1%.As no work in the past is done on this relationship our results will significantly contribute to the body of knowledge.

Suggested Citation

  • D. P. Singh, 2012. "Effects of Size on Working Capital Levels of the Firms’ in Steel Industry in India," Indian Journal of Commerce and Management Studies, Educational Research Multimedia & Publications,India, vol. 3(1), pages 122-128, January.
    • Handle: RePEc:aii:ijcmss:v:3:y:2012:i:1:p:122-128
    as

    Download full text from publisher

    File URL: http://scholarshub.net/index.php/ijcms/article/view/411/401
    Download Restriction: no
    File URL: http://scholarshub.net/index.php/ijcms/article/view/411
    Download Restriction: no
    ---><---

    References listed on IDEAS

    as
    1. J P Singh & Shishir Pandey, 2008. "Impact of Working Capital Management in the Profitability of Hindalco Industries Limited," The IUP Journal of Financial Economics, IUP Publications, vol. 0(4), pages 62-72, December.
    Full references (including those not matched with items on IDEAS)

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Lucian Gabriel Maxim, 2023. "The impact of liquidity management on profitability: empirical study on retail companies in Romania," Journal of Financial Studies, Institute of Financial Studies, vol. 8(14), pages 68-83, May.
    2. Sujan Chandra Paul & Md. Asiqur Rahman & Jiasmin, 2021. "Current Assets, Current Liabilities and Profitability: A Cross Industry Analysis," Journal of Asian Business Strategy, Asian Economic and Social Society, vol. 11(1), pages 55-68, June.
    3. Camelia Burja Decemrie, 2011. "Factors Influencing The Companies' Profitability," Annales Universitatis Apulensis Series Oeconomica, Faculty of Sciences, "1 Decembrie 1918" University, Alba Iulia, vol. 2(13), pages 1-3.
    4. Sarbapriya Ray, 2012. "Evaluating the Impact of Working Capital Management Components on Corporate Profitability: Evidence from Indian Manufacturing Firms," International Journal of Economic Practices and Theories, Academy of Economic Studies - Bucharest, Romania, vol. 2(3), pages 127-136, July.
    5. Padachi Kesseven D & Carole Howorth, 2014. "Focus on working capital management practices among Mauritian SMEs: Survey evidence and empirical analysis," E3 Journal of Business Management and Economics., E3 Journals, vol. 5(4), pages 097-108.
    6. Muhammad Azeem Naz & Rizwan Ali & Ramiz Ur Rehman & Collins G. Ntim, 2022. "Corporate governance, working capital management, and firm performance: Some new insights from agency theory," Managerial and Decision Economics, John Wiley & Sons, Ltd., vol. 43(5), pages 1448-1461, July.
    7. Botoc Claudiu, 2013. "Profitability - Capital Structure Trade Off: Case Of Publicly Romanian Companies," Annals of Faculty of Economics, University of Oradea, Faculty of Economics, vol. 1(1), pages 969-975, July.
    8. Bana Abuzayed, 2012. "Working capital management and firms’ performance in emerging markets: the case of Jordan," International Journal of Managerial Finance, Emerald Group Publishing Limited, vol. 8(2), pages 155-179, March.
    9. Dr. Vinay Kandpal & Prof P C Kavidayal, 2013. "Implication of Working Capital Management on the Profitability: A Case of ONGCLtd, India," Indian Journal of Commerce and Management Studies, Educational Research Multimedia & Publications,India, vol. 4(2), pages 49-53, May.
    10. Nur LISTIANI & Supramono SUPRAMONO, 2020. "Sustainable Growth Rate: Between Fixed Asset Growth and Firm Value," Management and Economics Review, Faculty of Management, Academy of Economic Studies, Bucharest, Romania, vol. 5(1), pages 147-159, June.
    11. iqbal, athar & mati, madhu, 2012. "Relationship between Non-current Assets & Firms Profitability," MPRA Paper 44132, University Library of Munich, Germany.
    12. Hadia Mansoor, 2020. "Determinants of Profitability: A Comparative Study of Textile and Cement Sector of Pakistan," Information Management and Business Review, AMH International, vol. 11(4), pages 13-26.

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:aii:ijcmss:v:3:y:2012:i:1:p:122-128. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Mr. Asif Anjum (email available below). General contact details of provider: .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.