Working Capital Management

TABLE OF CONTENTS        

One INTRODUCTION
1.1Aims and objectives2
1.2Overall research approach3
1.3Reasons for choosing this topic and Nestle Nigeria Plc3

Two INFORMATION GATHERING
2.0Literature review4-5
2.1Background of the case study5-6
2.2Sources of Information6
2.3Reasons for the sources of information used6
2.4Description of the methods used to gather the information6-7
2.5Limitations of study7
2.6Explanation of the accounting/ business models used7-9

Three ANALYSIS AND FINDINGS
3.0Description of the result obtained       9-13
3.1Presentation of results       13-15
3.2Analysis and evaluation of results       15-18
3.3Conclusion       19-21
3.4Recommendation         21

REFERENCES       21-24


AN ANALYSIS AND EVALUATION OF WORKING CAPITAL MANAGEMENT

CHAPTER ONE
INTRODUCTION
The need to maintain an effective working capital remains an important issue in most organisations in Nigeria. Most organisations do not pay adequate attention to their working capital position; neither do they have a particular working capital investment policy which should help them determine the type of funding strategies suitable for their businesses. The source of funds which it uses to finance its working capital should also be taken into consideration so that there will be a link between the working capital investment policy and the working capital financing policy.
Working Capital Management (WCM) refers to the strategies put in place to manage the relationship between the short term assets of a company with its short term liabilities. The objective of this is to ensure that an organization continues with its operations and meet its obligations when they fall due . Working capital is a company’s surplus of current assets over current liabilities, which measures the extent to which it can finance any increase in turnover from other fund sources. Efficient management of working capital is a fundamental part of the overall corporate strategy in...