Course11010709360 lectures
Working Capital Management
Prof. Anil K. Sharma · IIT Roorkee
About
Working capital management has gained the attention of industry and academia as an exclusive area of study after liberalization of Indian Economy. Management of working capital sometimes becomes more important than the management of long term funds because the day-to-day operations of any business largely depend upon this source of finance. Many firms have been seen in the past closing down for the want of short term finance. The profitability of any business to a larger extent is affected by this source of finance due to efficient management of current assets and current liabilities. Hence, learning about managing working capital has become more important and critical in the modern scenario.
Intended audience: M.Com, MBA, MFC, CA, ICWA, CS, Working professionals in the area of finance.
Lectures
Week 1
- Introduction I
- Introduction II
- Nature of the Working Capital Management
- Approaches of Working Capital Management- I
- Approaches of Working Capital Management- II
Week 2
- Trade off between Profitability and Risk-I
- Trade off between Profitability and Risk-II
- Working Capital Management in Indian Business-I
- Working Capital Management in Indian Business-II
- Operating Cycle
Week 3
- Weighted Operating Cycle
- Working Capital Requirement Assessment-I
- Working Capital Requirement Assessment-II
- Assessing Working Capital Requirements- Problem 2 & 5
- Working Capital Requirement- The Conclusion
Week 4
- Working Capital Leverage
- Risk and Cost of Holding Inventory
- Inventory Costs
- Inventory Behaviour
- Inventory Management- Methods and Strategies
Week 5
- EOQ Technique of Inventory Management
- Stockouts cause Walkouts
- Rationing of Working Capital-I
- Rationing of Working Capital-II
- Different Modes of Bank Finance
Week 6
- Incremental Inventory-I
- Incremental Inventory-II
- Management of Accounts Receivables-I
- Management of Accounts Receivables-II
- Management of Accounts Receivables-III
Week 7
- Motives of Credit Sale- I
- Motives of Credit Sale- II
- Limitations of Credit Time Period
- Written Credit Policy- I
- Written Credit Policy- II
Week 8
- Goals and Functions of Accounts Receivables Management
- Valuation of Receivables at Cost or Sales Value
- Credit Policy Changes- I
- Credit Policy Changes- II
- Credit Policy Changes- III
Week 9
- Optimum Credit Policy
- Credit Risk Analysis- I
- Credit Risk Analysis- II
- Credit Risk Analysis- III
- Credit Policy Variables
Week 10
- Cash Management
- Cash Flow Presentation
- Models of Cash Management- Certainty Model by Baumol
- Certainty Model by Baumol Continued
- Uncertainty Model by Miller & Orr
Week 11
- Miller & Orr Contd. & Cash Management Techniques
- Measures of Liquidity
- Window Dressing & Management of Current Liabilities
- Management of Accounts Payable
- Cost of Stretching Accounts Payable- I
Week 12
Syllabus and materials
At NPTEL, as the course publishes them.
Credits and licence
- Institution
- IIT Roorkee
- Department
- Management
- Teacher
- Prof. Anil K. Sharma
- Level
- Undergraduate
- Language
- English
- Subjects
- Business and management
- Source
- NPTEL
- Licence
- CC BY-NC-SA, as NPTEL states it. Non-commercial use only. NPTEL's terms
- Attribution
- NPTEL states: "Distributed under Creative Commons Attribution-ShareAlike / CC BY - NC - SA", beside a BY-NC-SA badge.
- Who can watch
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