Management of activity and profitability in companies of the industrial sector that were listed on the stock exchange during the period 2010-2014
The objective is to determine the relationship between the activity management and the profitability of the companies of the industrial sector that are listed on the Lima Stock Exchange from 2010 to 2014. The study is a cross-sectional design with historical data. The activity management variable wi...
Guardado en:
| Publicado en: | Revista de Investigación Valor Contable |
|---|---|
| Autores principales: | , , , |
| Formato: | Artículo de revista |
| Lenguaje: | español |
| Publicado: |
Universidad Peruana Unión
2020
|
| Materias: | |
| Acceso en línea: | Ver en el sistema de origen |
| Etiquetas: |
Sin Etiquetas, Sea el primero en etiquetar este registro!
|
| Sumario: | The objective is to determine the relationship between the activity management and the profitability of the companies of the industrial sector that are listed on the Lima Stock Exchange from 2010 to 2014. The study is a cross-sectional design with historical data. The activity management variable will be analyzed through its indicators: rotation of accounts payable, average rotation period, rotation of accounts receivable, rotation of debt accounts and rotation of inventories. The correlation coefficients were obtained by the Pearson R. According to the results, it was found that the rotation of accounts payable is significantly related to economic profitability (0.040) in the industrial sector, but not to financial profitability (0.074). Likewise, the indicator average period of rotation is significantly related to economic profitability and financial profitability. The rotation of accounts payable indicators is not related to economic profitability (0.789) or financial profitability (0.487). The same for the rotation of debt accounts 0.994 and 0.432, respectively. Finally, the indicator of inventory turnover has a significant relationship (0.002) for both cases: economic profitability and financial profitability. The results reveal that greater inventory turnover and fewer days of collection time result in higher profitability. It also implies that profitability can be improved by decreasing the number of days of accounts receivable and decreasing the number of accounts payable days. |
|---|---|
| ISSN: | 2413-5860 2410-1052 |