Analysis of Management of Working Capital in Syncom Formulations in Indore

Authors: Dr. Manish Jain

Certificate: View Certificate

Abstract

The pharmaceutical industry is currently going through changes that affect the way it performs its research, manufacturing, and regulatory activities . The impact of these changes on the approaches to quality risk management requires more understanding. In this paper, Pharmaceutical industries have been characterized as firms that discover, develop, manufacture, distribute, and market pharmaceutical products. From the technical point of view there continues to be difference of opinion about definition of working capital. Gross working capital concept emphasises on the quantitative aspect, while net working concept highlights upon qualitative aspect.

Introduction

Working capital is that part of capital of a business enterprise which is required for acquiring current assets. The management of working capital is an important function of finance manager since it is very difficult to determine the amount of working capital at a particular production level. This is a crucial problem faced by finance manager.