Paper Contents
Abstract
Effective working capital management is crucial for sustaining the financial health and operational efficiency of companies in the construction industry. This abstract explores the working capital management practices employed by YS Construction Pvt Ltd, a fictional construction company. YS Construction Pvt Ltd recognizes the significance of maintaining a balanced and optimal level of working capital to support its day-to-day operations, ensure timely project completion, and manage financial obligations. The company employs a combination of strategies to achieve efficient working capital management. YS Construction places emphasis on optimizing its working capital cycle. By synchronizing its inventory turnover, accounts receivable collection, and accounts payable payment periods, the company reduces the cash conversion cycle, thereby maximizing the efficient use of available funds.
Copyright
Copyright © 2023 Mr. PRATHAP. B N, Ms. NANDHINI. This is an open access article distributed under the Creative Commons Attribution License.
