Paper Key : IRJ************172
Author: Dr. Ramesh S
Date Published: 22 Jan 2023
Abstract
The aim of the paper is to know the working capital management effect upon the profitability of rice mills. The purpose of this study is to identify the increase or decrease in the profitability.The researchers have collected a sample 100 responses. The study applied neural network and the exploratory factor analysis. The study examined the suggestive measures for the study with respect to profitability. The study attempted to identify the measures with respect to working capital management and profitability.Working capital management tends to be the played as the vital role in the industry or any organization. Current assets and inventory were the identified as key factors for the increase in the profitability. The results demonstrate that the increase in the current assets will be implied to profitability improvement.The study has found that by the liquidity changes in the industry as well in the increase in the organization, it is revealed that by the current assets keeping at the highest level, owning the payments will enhance the profitability.