Effectiveness of Working Capital Management: A Study on Selected Public Enterprises in Assam

Proper management of working capital is important for both liquidity and profitability of enterprise. Liquidity and profitability are the right and left hand of the person. However often liquidity gets more priority over profitability because it is widely accepted that an illiquid firm cannot survive for a longer period of time. In  this paper  the  researchers  tries  to  examine  the  efficiency  of  working capital management  in  the  three power sector  units  of  Assam.  The  researcher  has  made  an  attempt  to  analyse the pattern of current assets and current liabilities in the power sector units as it significantly impacts any  managerial  decision.  Proper utilisation of the working capital is another important aspect of sound financial planning. The  financial  state  is  pivotal  for  the prospect  of  these  three  power  sector  units  in  providing  service.