An Overview of Inventory Management of Public Enterprises in Haryana

The theme of this paper focuses on inventory management of public enterprises in Haryana. This paper is sighting the inventory management of selected enterprises from the year 2008 to 2017.Inventoriesisthe most important component of working capital in business enterprises. It constitutes the largest component of current asset in most business enterprises. In the sphere of working capital, the efficient control of inventory has passed the most serious problem to the sugar mills because about two-third of the current assets of mills are blocked in inventories. The working capitalturnover is largely governed by the inventory management. Therefore, inventory which helps in maximizing profit occupies the most significant place among current assets. The data were collected from the annual reports of selected enterprises. The researcher had selected 6 public enterprises (5 Sugar mills & 1 Agro corporation) for this study. Ratio analysis, mean and C.V. were used to analyzed the data. The findings of the study revealed that lot of fluctuation in all selected sugar mills except Shahabad sugar mill. That shows improper management of inventory.The value of C.V. ranges between 6 (Shahabad) to 37(Rohtak) shows faster changes regarding the ratio.