Understanding of working capital management is important because efficient handling of working capital is crucial for the successful functioning of a business enterprise. Not only does the working capital facilitate the utilisation of capacities created by fixed capital, it also often accounts for a major share of total investment in business enterprises.

This book focuses on four major aspects of working capital management: size and adequacy of working capital, structure and efficient utilisation of working capital, financing pattern of working capital, and factors influencing investment in working capital. It also deals with working capital management in India with reference to food-processing industry. The book, it is hoped, will prove useful for academicians and practitioners in the area of capital and finance apart from benefitting students of management, commerce and economics.

Sunita Gupta did her B.Com.(Hons.) from Shri Ram College of Commerce, University of Delhi in 1985 and  was awarded the Jai Narain Vaish Prize (Gold Medal) for the Best Student of B.Com.(Hons.). Thereafter, she did her M.Com. from Delhi School of Economics, University of Delhi in 1987 and was awarded A.B. Ghosh Award for securing highest marks in economics papers. She obtained her M. Phil. and Ph. D. degrees also from the University of Delhi. She has contributed articles on various aspects of working capital in reputed journals. Presently, Dr. Sunita Gupta is a Reader in the Department of Commerce, Kamala Nehru College, University of Delhi.