Working capital is the ability of a business to meet its short-term liabilities as they fall due to out of its short-term assets.
It is therefore necessary that a company should maintain a well-articulated and consistent management of its working capital.
To facilitate the exposition of this research work for lucid understanding by our readers, this work had been divided into three chapters. In course of the study, it was observed that ANAMCO has adequate working capital to improve efficiency of production. We also found out that ANAMMCO has adequate and good quality capital position, though it has no credit police for its customers.
Based on these, we concluded that ANAMMCO has an effective working capital management. Also some useful suggestions that can further improve the effectiveness of the industry’s working capital management were provided.
The suggestions include the establishment of credit policy and embarking on market strategy organizing of symposium and seminars on working capital management.

TABLE OF CONTENTS
Title page                                    ii
Approval page                                iii
Dedication                                    iv
Acknowledgement                                v
Abstract                                    vii
Table of contents                                vii

CHAPTER ONE
1.0    Introduction                                1

CHAPTER TWO
2.1    Working capital management and overview             6
2.2    Management of cash                        10
2.3    Management of inventories                     15
2.4    Management of debtors                        19
2.5    Management of creditors                        20
2.6    Method of data collection                    21

CHAPTER THREE
3.1    Summary                                 22
3.2    Recommendations                            23
3.3    Conclusion                                25
Bibliography