Authors: Miss. Neha Jogdand, Mr. Ismail Jamadar, Dr. Prashant Kalwade
Abstract: This research paper discusses the significance of working capital management and effectiveness of operating cycle in fleet-based transporters in Pune. Transportation companies need a steady cash flow for expenses related to fuel costs, vehicle maintenance, staff salaries, tolls, and other operational expenses. But when there is a delay in receiving payments from clients, there can be serious challenges regarding liquidity management. In this research paper, the method in which transporters handle cash management, receivables, payables, and their operating costs will be studied. Primary data has been collected from 100 samples from transporters, managers, and accounts from questionnaires. It has been found that the majority of transporters suffer from delays in collections, leading to issues in cash flow and working capital management. Cost of fuel emerged as the biggest operational expense in such businesses. From this research paper, it can also be concluded that proper tracking of receivables leads to better cash flow and shorter operating cycles in companies.
DOI: https://doi.org/10.5281/zenodo.20308093
