The basic assumption of the paper is that, a well designed and concise Working Capital Management ensure enterprises to move forward to attain their goal. However, many Micro enterprises in rural areas do not care about their working capital position and they only run business without the concept of working capital management. Base on this issue, this paper tries to analyse the management of working capital of micro enterprises of Karbi Anglong district of Assam. For the study, twenty one (21) micro enterprises, registered under District Industry & Commercial Centre (DI&CC) during the year 2009-14 have been selected. The paper which is based on both primary and secondary data is empirical in nature. Primary data has been collected through structured schedule. Karl Pearson Correlation Coefficient and Variance Ratio Test (F Test) have been used to analyse the data. Other descriptive statistic like percentage was also used to interpret data. The findings reveal that there is significant relationship between Inventory Days and Account Receivables Days with Cash conversion cycle (CCC) in case of micro enterprises owned by general category, where as it is opposite to the enterprises owned by SC/ST in the study area. It is also revealed that there is significant different in Cash Conversion Cycle (CCC) between Micro enterprises owned by SC/ST and General.
