SIGNIFICANCE OF WORKING CAPITAL TURNOVER RATIO: A CASE STUDY OF BHEL AND CROMPTON GREAVES

The present study is an attempt to analyze the working capital turnover ratio of Bharat Heavy Electricals Limited (BHEL). Working Capital Turnover Ratio indicates the efficiency of working capital in making sales. In order to provide a better insight into the study a comparison is made between working capital turnover ratio of BHEL and Crompton Greaves (C.G). In addition, t-test is applied in order to find out that whether there is a significant difference between working capital turnover ratio of BHEL and C.G or not.