Journal Press India^®

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Liquidity management refers to a set of processes, strategies and supporting mechanisms that ensure a firm's ability to access cash to meet its short-term financial obligations. The present paper focuses on twelve major cement producing companies selected on the basis of turnover in FY 2019-20 and divided into three groups i.e. high turnover (turnover > ₹ 10,000 crore), medium turnover (turnover between ₹ 5,000 crore to ₹ 10,000 crore) and low turnover (turnover < ₹ 5,000 crore). For the purpose of analysis and interpretation, current ratio (CR) has been considered and appropriate statistical measures like mean, standard deviation and coefficient of variation have been found out. For testing hypotheses and making conclusions, Single Factor ANOVA is applied. The study finds a significant difference in the current ratio among the sample groups under study. The period of study remained ten years i.e. from 2010-11 to 2019-20.

Keywords

Liquidity management, Cement companies, Ratio analysis, ANOVA-single factor.

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