Working capital management assumes considerable significance in construction management.

What are the concepts and strategies behind effective working capital management?

Table Q14.1 Data for Question 14 Particulars ` (lakh)

General reserves 50 Cum depreciation 20 Short term loans 30 Work in progress 40 Finished goods 10 Debtors 30 Sales 100 Commercial papers 15 Rental deposits 5 Other advances made 15 Equity capital 200 Fixed assets 150 Raw materials 25 Creditors 30 Advance received 10 Overdraft 50 Provision for tax 5 Cash in bank 5 Advance tax 10