Preview

Project on Working Capital of Textile Company

Powerful Essays
Open Document
Open Document
13075 Words
Grammar
Grammar
Plagiarism
Plagiarism
Writing
Writing
Score
Score
Project on Working Capital of Textile Company
EXECUTIVE SUMMARY

The project has been under taken under as the part of master of business administration course as per the direction of Karnataka university dharwad. The second year MBA students will take part in this project were the summer inplant project for the period of two months and the project is related to finance and the topic of this project is “The study of working capital management” The Gadag co-operative textile mill ltd established in 1972 by late shri.K.H.Patil at Hulkoti in Gadag district. It is producing main product as yarn. The company started with a production cost of RS.220lakhs.It is started producing yarn in the year 1973. A G.C.T.M has an arrangement of different department of the dependent parts of functions and their interrelation in the structure form to provide the necessary efforts of groups of individuals will be directed towards a common objective. So as to identify the problems of such a title and give suggestions and conclusions. In addition to this concept studying the over all organization role of different department functions of their respective departments, procedures and policies.

The project is mainly focuses on the industry profile, company profile, SWOT analysis, annual report and about working capital and ratios. this project studies different department at the Gadag co-operative textile mill ltd. The functions of each department and the organization in the company along with it covers the duties and responsibilities of all the staff members type of decision making followed by the mill and it also includes quality policy export oriented unit etc of the mill.

DESIGN OF THE STUDY

Title of the study
“To study on working capital management” at The Gadag Co-operative Textile Mill Ltd. Hulkoti”

OBJECTIVES OF THE STUDY:
1) To study the working capital management.
2) To know the sources of working capital.
3) To study the different components of working

You May Also Find These Documents Helpful

  • Better Essays

    Lawrence Sports Simulation

    • 1839 Words
    • 8 Pages

    The concept of working capital management involves the management of accounts receivable, current assets, marketable securities, current liabilities, and inventory (Raheman, Qayyum, & Afza, 2011). The effective management of this working capital is of vital importance for the appropriate administration of a company’s financial systems. Policies exist to assist financial managers with the day-to-day operations of the organization. There are three types of working capital policies a company may institute to facilitate maximum profitability for an organization.…

    • 1839 Words
    • 8 Pages
    Better Essays
  • Powerful Essays

    Working capital management is critical for business. Inappropriate working capital management will lead to major problems for the operations of the company. Management of the company has to make estimation about future expected sales, costs and so…

    • 1856 Words
    • 7 Pages
    Powerful Essays
  • Powerful Essays

    Working Capital Mgt

    • 1090 Words
    • 5 Pages

    Working capital of a company is one of the most important measures in any financial statement that is also easy to calculate. It is a reflection of the current financial condition of a company that enables investors to know about the health (financial) of a company. However, there are two terms called gross working capital and net working capital that are also used commonly. People remain confused between these two as they cannot differentiate between them. This article will threadbare these two concepts to remove any doubts from those who are interested in the health of a company.…

    • 1090 Words
    • 5 Pages
    Powerful Essays
  • Powerful Essays

    Finance

    • 1884 Words
    • 8 Pages

    Satish, M. (2022). Working capital management and control: Principles and practice, New Age International Publishers Reprint 2003…

    • 1884 Words
    • 8 Pages
    Powerful Essays
  • Powerful Essays

    Working capital may be regarded as lifeline of a business. It provides the ability to fund business operations, reinvest and meet capital requirements and payments. Understanding a business’s working capital health is essential to make investment decisions. A good way to judge a company’s working capital prospects is to look at its Working Capital Management.…

    • 4814 Words
    • 20 Pages
    Powerful Essays
  • Good Essays

    Most businesses like to plan ahead mainly focusing on setting targets and monitoring performance for sales growth, cost control and profit improvement; however the Management of Working Capital is often missed from the plan. In these times of credit crisis, trying to monitor and improve sales and profit performance may be difficult and suddenly Working Capital becomes vital. Yes, it is still important to control costs, but if the business is experiencing falling demand for its products and services, or pressure to lower prices, then “Cash is King” and the importance of control over working…

    • 1098 Words
    • 5 Pages
    Good Essays
  • Good Essays

    The First part of this research paper contains the internal and external analysis of the company. It also includes the company's current belonging, its background, organization chart and structure, value chain and the SWOT analysis.…

    • 14648 Words
    • 59 Pages
    Good Essays
  • Satisfactory Essays

    Textile Internship Project

    • 1361 Words
    • 6 Pages

    SCM TEXTILE SPINNERS • Established : 2003 • ISO 9001:2000 Certification • Installed Spindle Capacity of the unit : 63600 • 363 Working Days • Man power: 800 PLANT PLANT LAYOUT GODOWN LAYOUT 50 M x 40 M 25 M x 20 M g1 G2 G3 •No windows •Asbestos roof •No electric point G4 G5 g2 G1 GODOWN STORAGE FACILITY: • 7 godowns in all. • 1 for organic cotton • 2 for waste cotton fibre TYPE OF COTTON: • GIZA, • PIMA, • SUDAN, • ORGANIC SPINNING PROCESS[SUMMARY]…

    • 1361 Words
    • 6 Pages
    Satisfactory Essays
  • Powerful Essays

    Project on Textile Industry

    • 9784 Words
    • 40 Pages

    Cotton fabric, gold and spices were the main attraction for the Britishers and other countries to come to India. Textile industry is flourishing since the olden days even when the markets were in unorganized nature. But the present scenario of textile industry is facing a fluctuating trend due to increase in oil prices and inflation in the world market. Garden silk mills Ltd is one of the leading producers of the polyester cloth and fabric and clothing. It is renowned all over the world for its cloth. Garden as a brand is popular in the world markets as well as in the Indian markets. Garden sarees and dresses are popular among the women as well as younger generation. At Garden I studied the working capital management. The working capital is very important for the profitability of the company as if the working capital is managed well then the company avoids itself from liquidity crunch. The working capital requirement for the year 2010-11 is Rs. 15702.17 lakhs. The company manages its working capital requirement on fund as well as non-fund basis. For non-fund basis the company uses the letter of credit and bank guarantee. The company’s debtor turnover ratio is 15-20 days which is considered good while the company’s creditor turnover ratio is also 15-30 days which is also good but the company should match both the creditor and debtor ratio so that the liquidity problem does not arise while making payment to the creditors. The company depends on bank finance and internal sources for meeting the working capital requirement needs. But the company can also under channel financing as it is an innovative method of fulfilling the working capital requirement needs.…

    • 9784 Words
    • 40 Pages
    Powerful Essays
  • Better Essays

    JamiuI.K ,(2008) Assessment of Working Capital Management in Small and Medium Enterprises,AbubakarTafawaBalewa University, Bauchi post graduate thesis, unpublished…

    • 11702 Words
    • 47 Pages
    Better Essays
  • Powerful Essays

    Kec Project Report

    • 10666 Words
    • 43 Pages

    This is to certify that Ms.Sugandha Sethia student of BBA part III of Biyani Girls…

    • 10666 Words
    • 43 Pages
    Powerful Essays
  • Good Essays

    Galib

    • 1682 Words
    • 7 Pages

    Company HistoryThe story of textiles in the subcontinent is the story of Gul Ahmed. The group began trading in textiles in the early 1900’s. With all it’s know-how and experience, the group decided to enter the field of manufacturing and Gul Ahmed Textile Mills Ltd. was incorporated as a private limited…

    • 1682 Words
    • 7 Pages
    Good Essays
  • Powerful Essays

    Sme 201415

    • 7307 Words
    • 23 Pages

    In this group project, which consists twenty marks. This project is required from a group which 4 to 6 students. The objective of this assignment is for the group members understand the overall operation of the company.…

    • 7307 Words
    • 23 Pages
    Powerful Essays
  • Good Essays

    | Submitted To:Dr. Sheikh Abu TaherLecturer and Course Teacher Working Capital Management (FNB-310)Submitted By:Mohsena Afroz (Student ID. 1253)Md. Saddam Hossain khan (Student ID. 1278)Mohammad Al-Amin Khan(Student ID. 1289) 1st Batch BBA Program…

    • 5001 Words
    • 21 Pages
    Good Essays
  • Powerful Essays

    large scale industries

    • 7142 Words
    • 29 Pages

    Cotton Textiles.-Cotton has been an important fibre crop of Kolhapur since the beginning the present century. Round about 1910-15 about 30,000 acres of land were under cotton cultivation. With a view to exploit the available resources, the late Maharaja Shahu Chhatrapati of Kolhapur, started a cotton textile mill at Kolhapur. It was owned by the Kolhapur Government. Originally it had only a spinning section and weaving department was added to it in 1928. Till 1935, it was managed by Messrs. James Finlay and Co. who acted as the agents of the Kolhapur Government. With the merger of the Kolhapur in Bombay State in 1949, the unit was taken over by the Government of Bombay. It is the only large scale textile unit working in the district. It had 319 looms, 15,998' spindles in 1947-48. It produced about 2.8 million lbs. of yarn and manufactured about 6.4 yards of cloth of various kinds viz. dhoti, pugree-cloth, plain-khadi, heavy long-cloth, and dasoti-cloth in the same year.…

    • 7142 Words
    • 29 Pages
    Powerful Essays