A DETAILED ANALYSIS OF WORKING CAPITAL MANAGEMENT OF HUL. The objective is to analyze the working capital management 5. You should first conclude what should be the correct investment policy for the firm and then assess if the current policy is what you have concluded. 6. Use the current policy of the firm and see if the financing policy is linked to the investment policy. 7. Use OC, CCC and Current ratio to assess how the firm is managing its working capital. You should form an opinion on the WC management 8. Calculate the ACP and bad debts to assess the receivables management 9. Use past five years data and take the current data for three competitors.