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Delineating Indian Cement Industry’s Current Assets Management: Post-
Pandemic Phenomenon
Abstract
The study has motivated to examine the impact of the COVID-19 pandemic on the current
assets management strategy of the selected Indian cement producing firms during and post
pandemic period. The study has adopted longitudinal research design and has shortlisted 26
sample firms from the list of top 100 BSE listed cement firms for the period 2018-2020.
Inferential statistics has reported insignificant differences of the short-term loans and
advances, increased cash and cash equivalents and significant decrease in the inventory. As
far as the trade receivables have been concerned, significant differences in comparison to
previous year’s financial results of the firms in the sector have been documented. It has
identified mismanagement of the companies while dealing with current assets amid the
pandemic and has failed to utilise the cash and bank balances. Finally, it has acknowledged
limitations, provided policy implications and has sketched future research directions.