An Analytical Study on Measuring Short Term Solvency Position of Selected Indian FMCG Companies
International Journal of Science and Research (IJSR)

International Journal of Science and Research (IJSR)
www.ijsr.net | Open Access | Fully Refereed | Peer Reviewed International Journal

ISSN: 2319-7064


Amazon Sale


Research Paper | Accounting | India | Volume 9 Issue 3, March 2020

An Analytical Study on Measuring Short Term Solvency Position of Selected Indian FMCG Companies

Pankaj Sharma

This study directed to know the short term creditworthiness of selected FMCG companies, and ability to get credit term and to meet short term obligations towards suppliers and other parties. To meet this objective and to know short terms solvency position of company, data were collected from annual reports and financial statements of respective company for the 5 accounting periods ranging from 2013-14 to 2017-18. The collected components were analyzed in excel sheet and current ratio, liquid ratio, and operating cash flow ratio has been calculated. To make data more meaningful and understandable mean, standard deviation, co-efficient of variance, cross-tabulation and charts were used. This study concludes that ITC is managing liquidity by having adequate and ideal current assets while Colgate and HUL are depending upon cash generated from operations of the business to meet short term obligations that indicates strong short term creditworthiness of all the selected companies; they can easily get the credit terms from their suppliers and short term loans from banking and financial institutions.

Keywords: Liquidity, Suppliers, Creditworthiness, FMCG, Position

Edition: Volume 9 Issue 3, March 2020

Pages: 1550 - 1553

Share this Article

How to Cite this Article?

Pankaj Sharma, "An Analytical Study on Measuring Short Term Solvency Position of Selected Indian FMCG Companies", International Journal of Science and Research (IJSR), https://www.ijsr.net/search_index_results_paperid.php?id=SR20329135052, Volume 9 Issue 3, March 2020, 1550 - 1553

75 PDF Views | 63 PDF Downloads

Download Article PDF


Amazon Sale


Similar Articles with Keyword 'Liquidity'

Research Paper, Accounting, Kenya, Volume 9 Issue 6, June 2020

Pages: 978 - 983

Analysis of the effect of Financial Leverage on Loan Repayment among Small and Medium Sized Enterprises in Kenya

Oketch Samson Oduor Ouma, Salome Musau

Share this Article

Research Paper, Accounting, India, Volume 9 Issue 3, March 2020

Pages: 1550 - 1553

An Analytical Study on Measuring Short Term Solvency Position of Selected Indian FMCG Companies

Pankaj Sharma

Share this Article

Informative Article, Accounting, India, Volume 9 Issue 1, January 2020

Pages: 1652 - 1656

A Study on Accounting Types and Its Users

Pragnesh Dalwadi

Share this Article

Research Paper, Accounting, India, Volume 8 Issue 5, May 2019

Pages: 2027 - 2030

Impact of Non-Performing Assets in Context of Indian Banking System

Dr Minaxi Jariwala

Share this Article

Research Paper, Accounting, India, Volume 9 Issue 5, May 2020

Pages: 330 - 332

A Study on Measuring Liquidity of Selected Indian Automobile Companies

Modi Vishakhaben

Share this Article

Similar Articles with Keyword 'FMCG'

Research Paper, Accounting, India, Volume 9 Issue 3, March 2020

Pages: 1550 - 1553

An Analytical Study on Measuring Short Term Solvency Position of Selected Indian FMCG Companies

Pankaj Sharma

Share this Article

Research Paper, Accounting, India, Volume 9 Issue 3, March 2020

Pages: 1592 - 1596

A Comparative Study on Profitability of Selected Indian Automobile Companies

Parmar Nikul

Share this Article

Research Paper, Accounting, India, Volume 9 Issue 3, March 2020

Pages: 1217 - 1220

A Study on Evaluating Long Term Solvency of Selected Indian FMCG Companies

Parmarnikul Govindbhai

Share this Article

Similar Articles with Keyword 'Position'

Research Paper, Accounting, Tanzania, Volume 7 Issue 9, September 2018

Pages: 602 - 604

Factors Influencing the Adoption of Accounting Information in Decision Making among Microfinance Institutions in Tanzania; A Case Study of Ecumenical Church Loan Fund Arusha

Mukirya Tumaini Massau, Dr. Samuel Obino Mokaya

Share this Article

Research Paper, Accounting, India, Volume 9 Issue 3, March 2020

Pages: 1550 - 1553

An Analytical Study on Measuring Short Term Solvency Position of Selected Indian FMCG Companies

Pankaj Sharma

Share this Article

Research Paper, Accounting, Iraq, Volume 7 Issue 1, January 2018

Pages: 1156 - 1162

Disclosure of Accounting Policies Special Reference to AS 1

Huda Saleh Meften

Share this Article

Research Paper, Accounting, India, Volume 9 Issue 5, May 2020

Pages: 330 - 332

A Study on Measuring Liquidity of Selected Indian Automobile Companies

Modi Vishakhaben

Share this Article

Research Paper, Accounting, India, Volume 8 Issue 3, March 2019

Pages: 1407 - 1412

Financial Inclusion and Regional Rural Banks: A Case Study of Regional Rural Banks in Jharkhand

Dr. Narendra Singh

Share this Article
Top