Working capital management and its impact on profitability- a study on Glaxo SmithKline Bangladesh ltd.
This internship report is submitted in a partial fulfillment of the requirements for the degree of Bachelor of Business Administration, 2017.
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| Kieli: | English |
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BRAC University
2018
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| Linkit: | http://hdl.handle.net/10361/9316 |
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10361-93162019-09-30T03:17:07Z Working capital management and its impact on profitability- a study on Glaxo SmithKline Bangladesh ltd. Chowdhury, Amir Obaidul Huq Billah, N. M. Baki BRAC Business School, BRAC University Capital management Glaxo SmithKline Bangladesh Limited Pharmaceutical company This internship report is submitted in a partial fulfillment of the requirements for the degree of Bachelor of Business Administration, 2017. Cataloged from PDF version of internship report. Includes bibliographical references (page 33-34). This study tries to explore the impact of working capital management on profitability of Glaxo SmithKline Bangladesh Ltd. one of the leading multinational corporations in Bangladesh. Working Capital can be defined as the amount when current asset is surpassing current liabilities. The focus of this paper is to analyze how the company manages its working capital on the basis of cash, inventory period, receivable period and payable period management and how it influence the profitability of an organization. This project paper starts with the objective of the study and the methodology. The project paper contains the analysis of 4 years data of GSK commencing from the year 2003 to 2016. Most of the researchers found that degree of efficiency of administration of working capital largely determines the success or failures of overall operations of an organization. The objective of this report is to analyze the previous studies and relate them with this paper. Afterwards description of the company including its history, products, mission, vision, organization structure etc. In the fiscal year 2013-14 GSK made more than 24 crore taka as Net Profit. They follow aggressive WCM policy because of their higher utilization of short term financing. Inventory management performance is evaluated using inventory conversion period. GSK’s time gap between collecting money from the creditors is very satisfactory. The organization tries to delay the accounts payable as much as possible. The time taken by GSK to make payments to creditors is around 256 days. Analysis of the collected data is presented at the last. It contains descriptive, ratio analysis of the variables with proper interpretation and it was found that there is relationship between profitability and working capital components. The analysis shows that receivable period is negatively related with profitability and other variables are positively related. Finally findings and conclusion chapter includes a summary of the results found in the analysis portion. Amir Obaidul Huq Chowdhury B. Business Administration 2018-01-31T08:23:21Z 2018-01-31T08:23:21Z 2017 2017-12 Internship report ID 13204092 http://hdl.handle.net/10361/9316 en BRAC University Internship reports are protected by copyright. They may be viewed from this source for any purpose, but reproduction or distribution in any format is prohibited without written permission. 34 pages application/pdf BRAC University |
| institution |
Brac University |
| collection |
Institutional Repository |
| language |
English |
| topic |
Capital management Glaxo SmithKline Bangladesh Limited Pharmaceutical company |
| spellingShingle |
Capital management Glaxo SmithKline Bangladesh Limited Pharmaceutical company Chowdhury, Amir Obaidul Huq Working capital management and its impact on profitability- a study on Glaxo SmithKline Bangladesh ltd. |
| description |
This internship report is submitted in a partial fulfillment of the requirements for the degree of Bachelor of Business Administration, 2017. |
| author2 |
Billah, N. M. Baki |
| author_facet |
Billah, N. M. Baki Chowdhury, Amir Obaidul Huq |
| format |
Internship report |
| author |
Chowdhury, Amir Obaidul Huq |
| author_sort |
Chowdhury, Amir Obaidul Huq |
| title |
Working capital management and its impact on profitability- a study on Glaxo SmithKline Bangladesh ltd. |
| title_short |
Working capital management and its impact on profitability- a study on Glaxo SmithKline Bangladesh ltd. |
| title_full |
Working capital management and its impact on profitability- a study on Glaxo SmithKline Bangladesh ltd. |
| title_fullStr |
Working capital management and its impact on profitability- a study on Glaxo SmithKline Bangladesh ltd. |
| title_full_unstemmed |
Working capital management and its impact on profitability- a study on Glaxo SmithKline Bangladesh ltd. |
| title_sort |
working capital management and its impact on profitability- a study on glaxo smithkline bangladesh ltd. |
| publisher |
BRAC University |
| publishDate |
2018 |
| url |
http://hdl.handle.net/10361/9316 |
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AT chowdhuryamirobaidulhuq workingcapitalmanagementanditsimpactonprofitabilityastudyonglaxosmithklinebangladeshltd |
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