Relationship between working capital and profitability of industrial companies listed on the Lima Stock Exchange, 2010-2015
The objective of this research is to determine the relationship between working capital and profitability of industrial companies listed on the Lima Stock Exchange during the periods 2010 to 2015. The study is of a correlational type, obeying a design non-experimental, transverse and retrospective....
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| Publicado en: | Revista de Investigación Valor Contable |
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| Autor principal: | |
| Formato: | Artículo de revista |
| Lenguaje: | español |
| Publicado: |
Universidad Peruana Unión
2020
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| Materias: | |
| Acceso en línea: | Ver en el sistema de origen |
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| Sumario: | The objective of this research is to determine the relationship between working capital and profitability of industrial companies listed on the Lima Stock Exchange during the periods 2010 to 2015. The study is of a correlational type, obeying a design non-experimental, transverse and retrospective. We compiled information on the sequential financial statements reported in the study years. Pearson’s coefficient was used for data analysis. The results show that three working capital indicators have a significantly negative inverse relation with the profitability indicators, except for days of accounts payable and gross operating result; ie these indicators have no significant relationship. Explaining that by reducing inventory days, accounts receivable days, accounts payable days and cash conversión cycles, industrial companies invest less working capital and improve their asset return and gross operating result; except for the days of accounts payable that do not have a significant inverse relationship to the gross operating result. |
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| ISSN: | 2413-5860 2410-1052 |