Working Capital Management

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A Report
on

of

Sultanate of Oman
Submitted by

R.Sasikumar
Course code : 406 Register No: 32118 Enrollment No: 08008PF103

Under the Guidance of

Prof. N. Aravindakshan
Submitted in partial fulfillment of the requirement for the award of the degree of

of

M.G.UNIVERSITY KOTTAYAM – KERALA

March – 2010

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EXECUTIVE SUMMARY
This project is based on the study of working capital management in Arabian Industries LLC, An insight view of the project will encompass – what it is all about, what it aims to achieve, what is its purpose and scope, the various methods used for collecting data and their sources, including literature survey done, further specifying the limitations of our study and in the last, drawing inferences from the learning so far. “Arabian Industries LLC” an Oman’s prestigious Engineering and Manufacturing Company; is a well established engineering company. It is an Omani company which always maintained the highest international standards of excellence through quality, technology and innovation. It has the ability to provide the best in engineering and back up services for the petroleum and allied industries. The company has ISO 9001-2000 certification and has executed projects in various Middle East countries. It captured the various facets of the Oman economy in sectors ranging from maintenance, manufacturing, fabrication and infrastructure, etc. Working capital is the life-blood of all types of enterprises, manufacturing and trading both. It is constantly required to buy raw materials for payment of wages and other day-to-day expenses. Without adequate working capital, manufacturing operations will be crippled. It is a base on which all the activities of business enterprise depend. The working capital management refers to the management of working capital, or precisely to the management of current assets. A firm’s working capital consists of its investments in current assets, which includes short-term assets— cash and bank balance, inventories, receivable and marketable securities. This project tries to evaluate how the management of working capital is done in Arabian Industries LLC, through inventory ratios, working capital ratios, trends, computation of cash, inventory and working capital, and short term financing. Working capital is primarily concerned with inventories management, Receivable management, cash management & Payable management. The objective of the company now is to increase the scale of its business by increasing its profits and the turnover and also by venturing into new line of business. It is now targeting to be the World Class Industrial Enterprise from the present status. It is striving to have a huge global base.

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AILLC/ADM/00101-2010

31ST March 2010

CERTIFICATE

This is to certify that Mr.Sasikumar.R. Register No.-32118 a IVth semester MBA student of M.G.University - Kerala, has visited our Organization and conducted a study about it’s Working Capital Management and he has successfully completed his Project works, during the period from January to February 2010..

We wish all the best in his future endeavors.

Thanks with Regards, Yours faithfully,

MaheshNair, Finance Manager Arabian Industries LLC.

CERTIFICATE
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This is to certify, that Mr. Sasikumar.R is a bonafide student of Polyglot Institute, Sultanate of Oman, and is presently pursuing a Post Graduate Degree in Master of Business Administration in Finance and marketing. Under our guidance, he has submitted his project report titled “Working Capital Management” of Arabian Industries LLC, in partial fulfillment of the requirement for the summer internship project during the Post Graduate Degree in Master of Business Administration studies. This report has not been previously submitted as part of another degree or diploma of another Business School or University.

Centre Co-Ordinator:

Dr.K.Vijaya

kumar .

Prof. N. Aravindakshan Dept. of Management Polyglot...
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