Abstract

This study explores the interaction between billing cycles and working capital management (WCM) in the Indian textile industry. The billing cycle is an important area of research in the new commerce world for reducing the timeline between the sale of goods and payment as the circulation of money is delayed. Given the issues associated with profitability and liquidity, the sector requires a thorough examination of asset management due to primary sector dependency. Surat, the hub for the textile industry, struggles with cash flow needs, which are mostly brought on by cash conversion cycles. Examining these, the goal of this research is to shed light on the WCM techniques that affect the sustainability and financial performance of textile enterprises. Quantitative analysis shows a significant positive loading of 0.714 of billing cycles on profits. The study clarifies important elements affecting performance in a changing market environment, offering valuable perspectives for stakeholders.

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