A STUDY ON FINANCIAL FORECASTING AND BUDGETING ANALYSIS WITH REFERENCE BY REVELE INDIA PRIVATE LIMITED COMPANY
- Version
- Download 22
- File Size 4.30 MB
- File Count 1
- Create Date 3 June 2024
- Last Updated 3 June 2024
A STUDY ON FINANCIAL FORECASTING AND BUDGETING ANALYSIS WITH REFERENCE BY REVELE INDIA PRIVATE LIMITED COMPANY
A STUDY ON FINANCIAL FORECASTING AND BUDGETING ANALYSIS WITH REFERENCE BY REVELE INDIA PRIVATE LIMITED COMPANY
By
GAYATHRI B
REG. NO. 211422631038
Of
PANIMALAR ENGINEERING COLLEGE
PROJECT REPORT
Submitted to the
FACULTY OF MANAGEMENT STUDIES
In partial fulfillment of the requirements for the award of the degree
of
MASTER OF BUSINESS ADMINISTRATION
MAY - 2024
ABSTRACT
The Revele company's financial performance from last five years reveals fluctuations in key statistics and metrics, including liquidity ratios (current, quick, and cash ratios), operating cycle, and working capital management. While cash inflows have been robust, operational efficiency and payables turnover vary. The volatility in net income and asset utilization suggests the need for stable financial methods such as enhancing inventory management and optimizing cash conversion cycles. Diversifying revenue streams and monitoring supplier relationships can further strengthen the company's overall financial health. Employing statistical analysis, such as correlation and regression, can help pinpoint additional variables affecting return on assets. By adopting these targeted strategies and continually evaluating financial metrics, the company can improve its competitiveness and ensure long-term success.
