A Study on Short-term Financial Management of IDLC

Abstract

Using information from annual reports for the years 2017 through 2021, the current study examines the short-term financial management of non-banking financial institution IDLC, its position in the industry, as well as the historical relationship between working capital management practices and IDLC's profitability. By analyzing the management of inventory, receivables, and supplier financing, as well as the use of various ratios, the effects of aggressive working capital investment and financing strategies have been assessed. If managers take a cautious stance when it comes to working capital finance and investment programs, they can generate value. The survey also reveals that stocks of companies that take an assertive stance in managing their short-term liabilities are favored by investors.