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Abstract
Every business organisations whether big, medium or small, needs finance to carry on its operations and to achieve its target. Finance is more important to accomplish its objectives. The term working capital refers to part of firm’s capital which is required for financing short term or current assets. The goal of working capital management is to have adequate cash flow for their business and most adequate usage of resources. Working capital management refers to, the way a company manages the assets and liabilities in the short term, and it is a strategy of business designed to ensure that a company operates efficiently by monitoring these two components or the short term liquidity of your firm. The study is on Working capital management of Colgate Palmolive Company. It is an American multinational company. Its main branch in India is situated in Mumbai. The products sold are FMCG. Fast-moving consumer goods are sold quickly and at a relatively low cost. The profit margin on FMCG products can be relatively small, but they are generally sold in large quantities while compared with the other products. Example of FMCG goods are meat, fruits, vegetables, dairy products, and baked goods are perishable. The objective of the study is to find the company’s financial performance, efficiency of its short term finances and compare its financial statements. The percentage change between two or more periods of the company is analysed. The tools used are ratios and comparative statement analysis. It uses secondary data, so it is not reliable. The study helps the business to operate smoothly.