International Journals of Marketing and Technology
Year : 2011, Volume : 1, Issue : 5
First page : ( 176) Last page : ( 187)
Online ISSN : 2248-1058.

A study focus on working capital management of Bharat Petroleum Corporation Limited (BPCL)

Dr. Pasupathi N.

Assistant Professor, School of Management Studies, Bannari Amman Institute of Technology, Sathyamangalam - 638 401, Erode District, Tamil Nadu

Online published on 29 June, 2013.

Abstract

In his study made an attempt to analysis the working capital management of Bharat Petroleum Corporation Limited (BPCL). The period covered in this study is ten years commencing from 1999–2000 to 2008–2009 which is supposed as a normal and stable period. He concluded that the overall position of the working capital is satisfactory, but there is a need for improvement in certain factors. The major portion of the current assets is the form of inventory. The investment in current assets should consider liquidity, profitability and solvency. It is very important to trade off between liquidity and profitability by properly arranging the needed funds at right time period and sources.

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