COMPARITIVE ANALYSIS OF WORKING CAPITAL MANAGEMENT OF TEXTILE AND CEMENT INDUSTRY IN PAKISTAN
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Abstract
The purpose of this study to investigate the working capital management policies in two different
sectors like textile and cement firms. Data has been collected from the annual report of twenty
firms (ten form textile and ten from cement) which was conveniently available. Data has been
collected from 2015-2020. Data has been analyzed through Microsoft Excel 2016. The result
shows that there is negative trend in the mean working capital management policies in textile
firms and has positive trend in the cement firms. The hypothesis revealed that in both sectors the
working capital policies are different and textile firms are performing better than cement firms in
Pakistan. It is concluded that both sectors are the important sectors and which plays important
role in economics development. These sector as a whole need a serious attention on working
capital management and try to involve the Islamic Banks in the working capital management
finances.
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