IN
(BEAWER)
Submitted to
ANNAMALAI UNIVERSITY
In partial fulfillment for the degree of MASTER IN BUSINESS ADMINISTRATION
(2010-2012)
SUBMITTED BY:JAYA ROCHANI MBA FINAL YEAR (FINANCIAL MANAGEMENT) Enrolment No.:- 4741000106
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PROJECT SYNOPSIS
INDEX
Title of the project. Statement of the Problem. Objectives of the study. Research Methodology.
WORKING WORKING CAPITAL MANAGEMENT IN SHREE CEMENT CAPITAL MANAGEMENT IN SHREE CEMENT
In all these circumstances real estate market has seen worst situation in last 70 years or we can say never before.
As far as cement industry is concerned it has also been a thing to look at end for that every company look at their (working capital) liquidity or current assets and current liabilities.
In the management of working capital, the firm is faced with two key problems:1.
considerations, what are the optimal amounts of cash, accounts receivable and inventories that a firm should choose to maintain?
2.
economical way to financial these working capital investments? To produce the best possible results, firms should keep no unproductive assets and should finance with the cheapest available sources of funds. Why? In general, it is quite advantageous for the firm to invest in short term assets and to fianc short-term liabilities.
management.
In the accomplishment of these two objectives, the management has to consider the composition of current assets pool.
The working capital position sets the various policies in the business with respect to general operations like purchasing, financing, expansion and dividend etc.
RESEARCH METHODOLOGY
DEFINITION
Management should explain in this section how marketing research will be used to support development, implementation and evaluation of strategies and action programs. Research is a process by which we find the answer of the queries. It is a systematic inquiry to provide information to solve managerial problem. It is systematic efforts to gain knowledge movement from known to unknown. Research is an organized and systematic way o finding answers to questions. It is a method of discovering facts, developing facts and verification of facts. There are different research approaches and research instruments: Primary Research Secondary Research
RESEARCH PROCESS
TURN YOUR IDEAS INTO RESEARCH QUESTION First stages Discuss your ideas with others
Data analysis
DATA COLLECTION
Data collection is a term used to describe a process of preparing and collecting data, for example, as part of process improvement or similar project. The purpose of data collection is to obtain information to keep on record, to make decisions about important issues, to pass information on to others. Primarily, data are collected to provide information regarding a specific topic.
Data collection usually takes place early on in an improvement project, and is often formalised through a data collection planning which often contains the following activity:-
1.
Pre collection activity agree on goals, target data, definitions, Collection data collection Present Findings usually involves some form of sorting
methods
2. 3.
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Prior to any data collection, pre-collection activity is one of the most crucial steps in the process.
PROJECT OBJECTIVE
The project is aimed at evaluating the financial status of shree cement ltd and then doing the comparative analysis with its competitors.
To study the working capital management at shree cement Ltd and estimating the working capital requirement for 2010-2011 and then forecasting for 2011-2012.
To find out if there is any relationship between the working capital, sales and current assets of Shree cement Ltd.
METHODOLOGY:The methodology to be adopted for the project is explained as under:1. The initial step of the project was studying about the company and then evaluating the financial position of the company on the basis of ratio analysis.
2. Comparing the firms financial position with respect to is its competitors i.e. Hindustan Unilever Ltd., ITC and Kothari Products with the help of following ratios-
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Liquidity ratios
Solvency/leveraging ratios
Coverage ratios
Activity/turnover ratios
Profitability ratios
Investors ratios
3. The project will focus on the study of overall working capital management at the organizations, for which the following study and analysis will be undertaken:
I.
This project is aimed to estimate the operating plan for the year 2011-2012.
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II. This will also include the calculations and analysis of the operating cycle for the company.
III. It will also include the ratio analysis of the financial statement so that the profitability ad liquidity trade off can be analyzed.
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