Effects of Working Capital Management on the Profitability of auto parts marketing companies in the city of Barranquilla
Keywords:
Working capital, Correlation, Working Capital Management – WCM, ProfitabilityAbstract
The purpose of this article is to analyze the relationship between Working Capital Management (GKT) and Profitability in several auto parts trading companies in the city of Barranquilla; Therefore, a correlational analysis was carried out between these variables, using the financial information from the SIIU database of the Superintendency of Companies of Colombia, corresponding to 4 accounting periods of 8 companies. Where a disparity was evident in the behavior of their GKT and Profitability indicators, 50% presented a high degree of variation in these same indicators year after year, a situation that requires a more exhaustive segmentation of the population studied in order to obtain hypotheses applicable to the business sector.
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