Abstract

Finance is the significant facet of every business. Regardless of whether the business big or small, government or non government, business is a wingless bird without finance. Funds can be procured through various modes. Every organization likes to achieve its objectives through considering the economy, efficiency, and effectiveness. The main focus of the research is to identify the effective working capital management of the listed Hotels and Travels companies through comparing the companies’ details or information regarding the working capital management. In this research, Colombo Stock Exchange (CSE) hand book and its website (www.csc.lk) are used. There are 288 Companies in the Colombo Stock Exchange now. Among them, the research has selected listed Hotels and Travels sector for analyzing its working capital management. There are 35 Companies. But 25 listed hotels and travels companies’ data are available for five years that is from 2008 to 2012. Financial performance is measured by using the profitability of the listed hotels and travels industry. The researcher has used three important analyses for this purpose; they are Ratio analysis, Correlation analysis, and Regression analysis.

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