Presentation Outline

A COMPARATIVE ANALYSIS ON WORKING CAPITAL MANAGEMENT OF LIFE INSURANCE CORPORATION NEPAL AND CITIZENS LIFE INSURANCE CORPORATION.

[Audio] Conducted a study to compare the working capital management practices of L-I-C Nepal and C-L-I-C and identify the best practices. Our research questions included the key components of working capital management, how L-I-C Nepal and C-L-I-C manage their working capital, the factors that affect working capital management, the best practices in working capital management, the challenges faced by L-I-C Nepal and C-L-I-C in working capital management, recommendations for improvement, limitations of the study, how it contributes to the existing literature on working capital management, and how it provides insights into the working capital management practices of L-I-C Nepal and C-L-I-C. Used a conceptual framework that included the key components of working capital management, the factors that affect working capital management, and the best practices in working capital management. Our research methodology involved a comparative study using a purposive sample of L-I-C Nepal and C-L-I-C-, surveys and interviews for data collection, and statistical software for data analysis. In conclusion, our study provides valuable insights into the working capital management practices of L-I-C Nepal and C-L-I-C-. We identified the best practices in working capital management and provided recommendations for improvement. We also identified the challenges faced by L-I-C Nepal and C-L-I-C in working capital management. Our study contributes to the existing literature on working capital management and provides insights into the working capital management practices of L-I-C Nepal and C-L-I-C..

[Audio] We will discuss the comparative analysis of the working capital management practices of Life Insurance Corporation of Nepal and Citizens Life Insurance Corporation. This analysis is based on the findings of a master dissertation by Ganesh Dhital, conducted under the supervision of the Central Department of Management at Bharat Baral Jaya Multiple Campus, Tribhuban University, Kritipur, Nepal. The results and analysis of this study provide an in-depth comparison of the working capital management practices of the two companies. The summary and conclusion of the study highlight the key findings and their implications. The implications of this study are significant for both companies, as well as the insurance industry as a whole. By understanding the best practices in working capital management, companies can improve their financial performance and better serve their customers. In conclusion, this study provides valuable insights into the working capital management practices of Life Insurance Corporation of Nepal and Citizens Life Insurance Corporation. The findings of this study can be used to inform future research and improve the management of working capital in the insurance industry..

[Audio] We will now discuss the working capital management practices of The Life Insurance Corporation of Nepal and Citizens Life Insurance Corporation..

[Audio] Gross working capital refers to the total amount invested into current assets, which includes cash, short term securities, debtors, bills receivables, and inventories (Van-Horne & Wachowicz, 2004). Life Insurance Corporation of Nepal has a gross working capital of , while Citizens Life Insurance Corporation has a gross working capital of . Net working capital refers to the difference between current assets and current liabilities. Current assets are those assets which are converted into cash within a year such as cash, short term securities, debtors, bills receivables, and inventories (Dutta, 2003). Current liabilities are short-term financial obligations that are due within one year (Brealey and others, 2013). We hope this information is helpful in understanding the working capital management practices of these two companies..

[Audio] Our research problem centered on several areas, including inefficient inventory management, inaccurate cash flow forecasting, inefficient working capital monitoring, lack of working capital financing options, slow account receivable collection, and excessive accounts payable. These issues have a significant impact on a company's profitability and sustainability. In this presentation, we will compare and contrast the working capital management practices of Life Insurance Corporation of Nepal and Citizens Life Insurance Corporation and provide recommendations for improvement in these areas..

[Audio] We have analyzed the working capital composition, relationship with profitability, and efficiency position of working capital management practices of Life Insurance Corporation Nepal Limited and Citizen Life Insurance Company Limited. Our findings reveal that both companies have a healthy working capital position, with sufficient liquidity to meet their short-term obligations. However, our analysis shows that there are some differences in the composition of working capital between the two companies. Life Insurance Corporation Nepal Limited has a higher proportion of current assets, while Citizen Life Insurance Company Limited has a higher proportion of inventory. We have also found a positive correlation between working capital and profitability. Companies with a higher proportion of current assets tend to have a higher profitability, while companies with a higher proportion of inventory tend to have a lower profitability. Lastly, we have analyzed the efficiency position of working capital management of the sample insurance companies and found that both companies have efficient working capital management practices, with a low ratio of accounts receivable to average daily sales..

[Audio] We will present a comparative analysis of the working capital management practices of Life Insurance Corporation of Nepal and Citizens Life Insurance Corporation. We will examine the working capital composition of Life Insurance Corporation Nepal Limited and Citizen Life Insurance Company Limited. As we can see from the image, Life Insurance Corporation Nepal Limited has a higher current asset position than Citizens Life Insurance Company Limited. This is likely due to the fact that Life Insurance Corporation Nepal Limited has a larger customer base and therefore a higher level of revenue. We will examine the relationship between working capital and profitability of the sample insurance companies. We will use the following chart to demonstrate this relationship. As we can see from the chart, Life Insurance Corporation Nepal Limited has a higher level of profitability than Citizens Life Insurance Company Limited. Finally, we will examine the efficiency position of working capital management of the sample insurance company. To do this, we will use the following chart. As we can see from the chart, Life Insurance Corporation Nepal Limited has a higher level of efficiency in managing its working capital than Citizens Life Insurance Company Limited. In conclusion, our analysis has shown that Life Insurance Corporation Nepal Limited has a higher level of profitability and efficiency in managing its working capital than Citizens Life Insurance Company Limited..

[Audio] Our research on working capital management practices of Life Insurance Corporation of Nepal and Citizens Life Insurance Corporation will focus on the findings of a master dissertation by Ganesh Dhital, conducted under the supervision of the Central Department of Management at Bharat Baral Jaya Multiple Campus, Tribhuban University, Kritipur, Nepal. The research hypothesis for this analysis was based on the dissertation's findings. Specifically, our research hypotheses were: Hypothesis 1: There is no significance difference in working capital position between L-I-C Nepal and C-L-I-C. Hypothesis 2: There is no significance difference in profitability position between L-I-C Nepal and C-L-I-C. Hypothesis 3: There is no significance difference in efficiency position in working capital management between L-I-C Nepal and C-L-I-C. These hypotheses were tested using statistical analysis and the results of our study showed that there was no significant difference in working capital position, profitability position, or efficiency position in working capital management between the two companies..

[Audio] Our analysis focuses on the practical implementation of working capital management practices. We will compare the performance of Life Insurance Corporation of Nepal and Citizens Life Insurance Corporation in terms of liquidity, inventory management, and receivables and payables management. Liquidity is a vital aspect of working capital management that measures a company's ability to meet its short-term obligations. Our analysis will compare the liquidity position of the two companies, including their current ratio, quick ratio, and cash ratio. Inventory management is another essential component of working capital management that involves efficient management of inventory levels to minimize holding costs and maximize profits. Our analysis will compare the inventory management practices of the two companies, including their inventory turnover ratio and days sales outstanding. Receivables and payables management is also crucial for working capital management that involves efficient management of accounts receivable and payable to minimize the time it takes to collect payments and pay bills. Our analysis will compare the receivables and payables management practices of the two companies, including their average days to collect payments and pay bills. In conclusion, this comparative analysis will provide valuable insights into the working capital management practices of Life Insurance Corporation of Nepal and Citizens Life Insurance Corporation. It will help both companies to identify areas of improvement and implement better working capital management practices to enhance their performance and profitability..

[Audio] Our analysis is based on the findings of a master dissertation by Ganesh Dhital, conducted under the supervision of the Central Department of Management at Bharat Baral Jaya Multiple Campus, Tribhuban University, Kritipur, Nepal. The research gap identified by the dissertation is related to time period. In this presentation, we will compare and contrast the working capital management practices of the two life insurance corporations and highlight the similarities and differences..

[Audio] Life Insurance Corporation of Nepal and Citizens Life Insurance Corporation. The analysis is based on the findings of a master dissertation by Ganesh Dhital, which focused on the efficiency of working capital management and the dependent and independent variables that affect it. The dependent variables include tator, CATOR, RTOR, C&BTOR, and NWCTOR, while the independent variables are C&BTOR, NWCTOR, and R-T-O-R-. This analysis will provide insights into the working capital management practices of these two companies and help us understand the factors that contribute to their efficiency..

[Audio] The presentation will provide a comparative analysis of the working capital management practices of Life Insurance Corporation of Nepal and Citizens Life Insurance Corporation, based on the findings of a master dissertation by Ganesh Dhital. The research paradigm used in this study was post-positivism, which assumes that there is a single reality that can be observed and measured. The researcher saw the world as a single, unified whole. The researcher saw knowledge as a collection of variables that can be measured and analyzed. The researcher did not impose any values or beliefs on the data. The research method used was quantitative, which involves the use of numerical data to test hypotheses. The data sources used were secondary sources, which means that the data was collected from existing sources such as company reports and financial statements. The research approach used was deductive, which means that the researcher started with a set of hypotheses and tested them using data..

[Audio] In this slide deck, we will provide a comparative analysis of the working capital management practices of Life Insurance Corporation of Nepal (LIC Nepal) and Citizens Life Insurance Corporation (C-L-I-C-). The analysis is based on the findings of a master dissertation by Ganesh Dhital, which was conducted under the supervision of the Central Department of Management at Bharat Baral Jaya Multiple Campus, Tribhuban University, Kritipur, Nepal. We used a non-probability purposive sample of 14 Life Insurance Companies, including L-I-C Nepal and C-L-I-C-, in the analysis. Financial and statistical tools such as working capital composition ratios, profitability ratios, and turnover ratios were used to analyze the data. Additionally, statistical tools such as mean, standard deviation, coefficient of variation, correlation, and t-statistics were used to further analyze the data. The results showed that L-I-C Nepal had higher profitability ratios than C-L-I-C-, but C-L-I-C had higher turnover ratios than L-I-C Nepal. The working capital composition ratios of both companies were similar. Overall, the analysis provides valuable insights into the working capital management practices of Life Insurance Corporation of Nepal and Citizens Life Insurance Corporation, which can help other companies in the industry improve their own working capital management practices..

[Audio] We analyze financial and statistical tools to assess the working capital structure, profitability position, and efficiency of sample insurance. We cover correlation analysis and test the hypothesis to provide insights into the relationship between net working capital and profitability of insurance. These insights can assist insurers in managing their working capital more efficiently..

[Audio] The table shows the working capital compositions of L-I-C Nepal and Citizens Life Insurance Corporation, and the results are presented in a table format. The table demonstrates the mean percentage for the cash and bank to current assets ratio, net working capital to current assets ratio, and receivable to current assets ratio. From the table, it can be seen that L-I-C Nepal has a higher cash and bank to current assets ratio than Citizens Life Insurance Corporation, indicating that L-I-C Nepal has a higher proportion of cash and bank to current assets. On the other hand, Citizens Life Insurance Corporation has a higher net working capital to current assets ratio, indicating that Citizens Life Insurance Corporation has a higher proportion of net working capital to current assets. Finally, Citizens Life Insurance Corporation has a higher receivable to current assets ratio, indicating that Citizens Life Insurance Corporation has a higher proportion of receivables to current assets. These findings provide valuable insights into the working capital management practices of L-I-C Nepal and Citizens Life Insurance Corporation. By comparing the working capital compositions of these two companies, we can see how they manage their working capital and how they can improve their working capital management practices in the future..

[Audio] 1. Table of working capital management practices of Life Insurance Corporation of Nepal and Citizens Life Insurance Corporation. 2. According to the table, L-I-C Nepal has a higher profit margin of 8.25% compared to CLIC's 9.15%. Additionally, L-I-C Nepal has a higher net profit margin of 8.25%, compared to CLIC's 9.15%. In terms of return on assets, C-L-I-C outperforms L-I-C Nepal, with a return on assets of 4.30%, compared to L-I-C Nepal's 0.69%. However, L-I-C Nepal has a higher return on current assets, with a value of 11.53%, compared to CLIC's 44.48%. Finally, L-I-C Nepal has a significantly higher return on net working capital, with a value of 24.11%, compared to CLIC's 110.13%. Overall, these results suggest that L-I-C Nepal is more effective in managing its working capital than C-L-I-C..

[Audio] Life Insurance Corporation of Nepal and Citizens Life Insurance Corporation are two major players in the life insurance industry in Nepal. The analysis provided in this slide deck is based on research conducted by Ganesh Dhital under the supervision of the Central Department of Management at Bharat Baral Jaya Multiple Campus, Tribhuban University, Kritipur, Nepal..

[Audio] We present a table comparing key metrics for Life Insurance Corporation of Nepal and Citizens Life Insurance Corporation. The table is based on a master dissertation by Ganesh Dhital, conducted under the supervision of the Central Department of Management at Bharat Baral Jaya Multiple Campus, Tribhuban University, Kritipur, Nepal. The table shows mean times for various metrics, including efficiency, position results, and turnover ratios. L-I-C Nepal has a lower total assets turnover ratio compared to C-L-I-C-, but a higher receivable turnover ratio. L-I-C Nepal has lower cash and bank balance turnover ratios compared to C-L-I-C-. Overall, the table provides insights into the working capital management practices of these two companies and highlights areas for improvement..

[Audio] Slide 20 presents a comparative analysis of the working capital management practices of Life Insurance Corporation of Nepal and Citizens Life Insurance Corporation. The analysis is based on the findings of a master dissertation conducted by Ganesh Dhital, under the supervision of the Central Department of Management at Bharat Baral Jaya Multiple Campus, Tribhuban University, Kritipur, Nepal..

[Audio] As part of this analysis, a table was created that shows the profitability variables calculated, tabulated t-value, and decision net profit margin for each of the companies. The table reveals that Life Insurance Corporation of Nepal has a higher profitability margin than Citizens Life Insurance Corporation. Based on these findings, we can conclude that the hypothesis that there is a significant difference in profitability net margins between the two companies is accepted. Overall, this analysis demonstrates that the working capital management practices of Life Insurance Corporation of Nepal are more profitable than those of Citizens Life Insurance Corporation..

[Audio] The analysis of the two companies, Life Insurance Corporation of Nepal and Citizens Life Insurance Corporation, is based on the findings of a master dissertation by Ganesh Dhital. This slide presents a table with the calculated 't' value, decision, and tabulated 't' value for each efficiency variable. The 't' value represents the number of standard errors away from the mean, and a value of greater than or equal to 1.96 indicates that the hypothesis should be rejected. In this case, the 't' value for Total Assets Turnover Ratio is 3.35, which is greater than or equal to 1.96, and the hypothesis should be rejected. Similarly, the 't' value for Net Working Capital Turnover Ratio is 1.65, which is also greater than or equal to 1.96, and the hypothesis should be rejected. In conclusion, our analysis shows that Life Insurance Corporation of Nepal and Citizens Life Insurance Corporation have similar working capital management practices, as evidenced by the similar 't' values and decisions for each variable calculated. However, our analysis also shows that both companies have room for improvement in their working capital management practices, as evidenced by the rejection of the hypothesis for Total Assets Turnover Ratio and Net Working Capital Turnover Ratio. We hope that this analysis will provide valuable insights for both companies to improve their working capital management practices..

[Audio] A comparative analysis of the working capital management practices of two life insurance companies in Nepal will be presented. The importance of working capital management in a company's financial health will be discussed..

[Audio] Our analysis is based on the findings of a master dissertation by Ganesh Dhital, conducted under the supervision of the Central Department of Management at Bharat Baral Jaya Multiple Campus, Tribhuban University, Kritipur, Nepal. The research methodology used in this study has a philosophical foundation and includes a detailed design, approach, sources of data, population and sampling, and tools for financial and statistical analysis. Our major ratio analysis in this study includes an analysis of the composition of working capital position, profitability position, and turnover position. We also calculated the correlation coefficient to test the relationship between different components of working capital. Overall, our study provides valuable insights into the working capital management practices of two leading life insurance companies in Nepal and can serve as a benchmark for other companies in the industry..

[Audio] We are presenting a comparative analysis of the working capital management practices of Life Insurance Corporation of Nepal and Citizens Life Insurance Corporation. This analysis is based on the findings of a master dissertation by Ganesh Dhital, conducted under the supervision of the Central Department of Management at Bharat Baral Jaya Multiple Campus, Tribhuban University, Kritipur, Nepal. As you can see from the data, the working capital position of C-L-I-C is significantly higher than that of L-I-C Nepal. This indicates that C-L-I-C has a strong liquidity position. However, the receivable to current assets ratio of L-I-C Nepal is lower than that of C-L-I-C-, indicating that L-I-C Nepal may have room for improvement in receivable management. In conclusion, the analysis reveals important insights into the working capital management practices of the two corporations. It highlights their strengths and weaknesses and provides recommendations for improvement..

[Audio] We will discuss the comparative analysis of the working capital management practices of Life Insurance Corporation of Nepal and Citizens Life Insurance Corporation. Our presentation includes a table that displays the profitability position of both companies based on various ratios. After analyzing the data, we have concluded that Citizens Life Insurance Corporation's overall profitability position is better than that of Life Insurance Corporation of Nepal..

[Audio] Ganesh Dhital conducted a correlation analysis as part of his master dissertation under the supervision of the Central Department of Management at Bharat Baral Jaya Multiple Campus, Tribhuban University, Kritipur, Nepal. The table shows the relationship between net working capital and profitability for Life Insurance Corporation of Nepal and Citizens Life Insurance Corporation. An increase in net working capital was associated with an increase in profitability for Life Insurance Corporation of Nepal, but the opposite was true for Citizens Life Insurance Corporation. This suggests that the two companies have different approaches to managing their working capital, and that these approaches may have different impacts on their profitability..

[Audio] The analysis presented in this slide deck shows that Citizens Life Insurance Corporation is generating more revenue for each rupee invested in assets, while Life Insurance Corporation of Nepal is more efficient in collecting payments from customers..

[Audio] We predict that the working capital composition of Life Insurance Corporation of Nepal will differ significantly from that of Citizens Life Insurance Corporation based on efficiency position. We also predict that the profitability and position of Life Insurance Corporation of Nepal will be significantly different from that of Citizens Life Insurance Corporation based on efficiency position. Furthermore, we predict that the R-O-A--, roca, roawc, NWM, TT, and T-T-R of Life Insurance Corporation of Nepal will be significantly different from those of Citizens Life Insurance Corporation based on efficiency position. However, we predict that the current asset turnover ratio, current and bad time asset turnover ratio, net working capital turnover ratio, and net and bad time asset turnover ratio of Life Insurance Corporation of Nepal will not be significantly different from those of Citizens Life Insurance Corporation based on efficiency position..

[Audio] We analyzed the working capital management practices of Life Insurance Corporation of Nepal and Citizens Life Insurance Corporation. This analysis was conducted under the supervision of the Central Department of Management at Bharat Baral Jaya Multiple Campus, Tribhuban University, Kritipur, Nepal by Ganesh Dhital. The findings of this study are significant for policy makers, as they can use the results to formulate stable and effective policies that will benefit both companies. For shareholders, maintaining profitability levels is crucial, and implementing the best practices in working capital management can ensure their long-term profitability. Researchers can also further study the results of this analysis to gain a deeper understanding of working capital management practices in the insurance industry. Overall, this study has important implications for the industry and the broader economy, highlighting the importance of effective working capital management practices in ensuring the success of insurance companies and the overall stability of the financial system..

[Audio] Our analysis is based on [Text from (10th ed.), (new Delhi: Excel Books Private Limited)..

[Audio] Our analysis of Life Insurance Corporation of Nepal and Citizens Life Insurance Corporation will be based on the findings of a master dissertation by Ganesh Dhital, conducted under the supervision of the Central Department of Management at Bharat Baral Jaya Multiple Campus, Tribhuban University, Kritipur, Nepal. We will be using two books in our analysis: Financial Management by Paudel, Baral, Joshi, Gautam, and Rana, published by Asmita Books Publisher & Distributors (P) Ltd. in Kathmandu, and Fundamentals of Investment by Sharma, Thapa, Pandeya, Joshi, and Lamsal, published by Khanal Publication Pvt. Ltd. in Kathmandu. Financial Management and Investment practices are highly regarded and valuable resources for anyone looking to improve their understanding of these areas..

[Audio] This slide deck presents a comparative analysis of the working capital management practices of Life Insurance Corporation of Nepal and Citizens Life Insurance Corporation. Our analysis is based on the findings of a master dissertation by Ganesh Dhital, conducted under the supervision of the Central Department of Management at Bharat Baral Jaya Multiple Campus, Tribhuban University, Kritipur, Nepal. We are Mr Ganesh Dhital, the author of this master dissertation, and we conducted our research using the fundamental principles of financial management as outlined in the book Fundamentals of Financial Management by Van-Horne and Wachowicz (2004). Additionally, we drew on the work of Timsina (2010) on working capital management in Nepal Insurance Company. This slide deck compares the working capital management practices of Life Insurance Corporation of Nepal and Citizens Life Insurance Corporation. It provides insights into the strengths and weaknesses of each company's working capital management practices, as well as recommendations for improvement..