Abstract: Current Assets Management involves the steps to acquire appropriate amount of Current assets for the firm at a right time and at a right cost. Managing the components of Current Assets properly will lead to a profitable business in this Modern age. Main four components of Current Assets must be managed efficiently and effectively, that is Cash, inventories Accounts receivable and Accounts payable. With the appropriate and effective use of these four components any Retailers can develop his business properly and prosperously. It was argued previously that Current Assets management system was useful for Large Organization and was considered as costliest management function , but the situation is changing and nowadays it becomes the Lifeline criteria for the Retailers. Current Assets Management system. Brings more effectiveness in the business and Retailers may minimize their Inventories Holding Cost at very minimum level on one hand and on second hand they can satisfy their customers with varieties of goods also. The study reflects the Perception and Perspicacity on Current Assets Management System followed by the Retailers in Mumbai and the level of their adoption of the system in their Retail Business.
Keywords: Current Assets Management System, *(CAMS) *(CURRENT ASSETS MANAGEMENT SYSTEM)., Working Capital, Ratio analysis , Assets, Liabilities , Inventories, Accounts Receivable, Accounts Payable.
Title: PERCEPTION AND PERSPICACITY ON CURRENT ASSETS MANAGEMENT IN RETAIL SHOPS IN MUMBAI
Author: Dr. BHARGAV S. JOSHI
International Journal of Interdisciplinary Research and Innovations
ISSN 2348-1218 (print), ISSN 2348-1226 (online)
Research Publish Journals
