A STUDY ON LIQUIDITY MANAGEMENT IN OIL COMPANIES AT INDIAN OIL CORPORATION LTD

This article examines the liquidity management procedures of Indian Oil Corporation Ltd. (IOCL), a well-known public-sector organization in the country's oil and gas industry. To evaluate the company's capacity to fulfill short-term commitments and preserve financial stability, the research examines important liquidity metrics such the quick ratio, current ratio, cash conversion cycle, and overall working capital efficiency. It also examines the difficulties faced by the oil industry, such as the price instability of crude oil, the need for large reserves, and the high costs and scope of operations. Each of these issues affects the liquidity of oil corporations. The Researchintends to carry out a comprehensive evaluation of IOCL's liquidity status, pinpoint its advantages and disadvantages, and deepen our understanding of efficient liquidity management in the oil and gas sector.