A STUDY ON WORKING CAPITAL MANAGEMENT IN PAZHAVOOR PRIMARY AGRICULTURE COOPERATIVE CREDIT SOCIETY LTD, PAZHAVOOR, TIRUNELVELI, TAMIL NADU.

Abstract

The title of the research article is “A Study on Working Capital Management in Pazhavoor Primary Agriculture Cooperative
Credit Society Ltd., Pazhavoor, Tirunelveli, Tamil Nadu.” Working capital management involves the
relationship between a company's short-term assets and its short-term liabilities. The goal of working capital
management is to ensure that a company is able to continue its operation and that it has sufficient ability to satisfy both
maturing short-term debt and upcoming operational expenses. The management of working capital involves managing
inventories, accounts receivable and payable and cash management. Further the study is based on last five years annual
reports of Pazhavoor Primary Co-operative Society. The objective of the study is to analyze the working capital position in
Pazhavoor Primary Co-operative Society and to analyze the profitability and solvency position of the Pazhavoor Primary
Co-operative Society. The study of working capital is based on tools like Ratio analysis, statement of changes in working
capital, comparative balance sheet and trend analysis. By analyzing the topic of working capital management in
Pazhavoor Primary Co-operative Bank Ltd. It concludes that the bank is having less working capital in the year 2019 but in
the year 2020 the working capital is increasing, So the bank maintains the constant working capital which helps perform
the day-to-day business by increasing the current asset.