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@article{186001,
        author = {Dr.B.GAYATHRI},
        title = {MEASURING THE EFFECTIVENESS OF WORKING CAPITAL MANAGEMENT IN CIPLA LIMITED},
        journal = {International Journal of Innovative Research in Technology},
        year = {2025},
        volume = {12},
        number = {5},
        pages = {3039-3046},
        issn = {2349-6002},
        url = {https://ijirt.org/article?manuscript=186001},
        abstract = {This study analyzes the size of working capital in Cipla Limited, focusing on key financial ratios over the period 2013-14 to 2022-23. Working capital is critical to sustain liquidity and operational efficiency, especially in the pharmaceutical sector with its complex inventory and receivable cycles. Data from Cipla’s financial statements were analyzed using ratios such as net working capital, current ratio, liquid ratio, and others. Statistical tools, including mean, standard deviation, coefficient of variation, t-tests, and correlation analysis, were employed. The research identifies trends in working capital management, examines its impact on profitability, and assesses efficiency. Findings reveal a significant improvement in Cipla’s working capital position, reflected by a notable increase in liquidity and net working capital ratios. Variability in liquid assets and changes in working capital strategies are highlighted. The study underscores the importance of balancing liquidity with asset utilization and profitability. Implications are drawn for stakeholders, offering recommendations to optimize working capital. This research provides a basis for informed decision-making and corporate financial strategy.},
        keywords = {Cipla limited, Working Capital, Size, Pharmaceuticals company.},
        month = {October},
        }