Question

A manufacturing unit has Raw Material holding of 60 days, WIP of 30 days, Finished Goods of 45 days and Receivables of 75 days. Payables period is 60 days. Annual cost of production is ₹360 crore. What is the Working Capital requirement based on Operating Cycle?

A ₹120 crore
B ₹135 crore
C ₹150 crore
D ₹165 crore
E ₹180 crore
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