The aim of the research is to study the working capital management in the area of pharmaceutical industry. Since the study is associated with the pharmaceutical sector of India, the main reason to choose this sector for the research is that in the case of pharmaceutical firms, the market leadership is not based on product innovation, rather on new product development. Thus these firms of pharma...

The main objective of this research is studying the relationship between working capital management and profitability. Cash conversion cycle is one of the important measuring tools to calculate the efficiency of working capital management. The time realm of the research was 2001-2006 and the studied companies have been the ones accepted in Tehran stock exchange. In general, out of 2628 companie...

Supply Chain Finance (SCF) represents an innovative opportunity to reduce working capital. Its underlying mechanism is reverse factoring making the technique buyerrather than supplier-centric. Implementing SCF is a difficult and time-consuming task that requires top management attention. Yet, it promises significant savings. Our survey results show that, on average, companies reduce working cap...