Estrategias para la administración del efectivo y su relación con los resultados operativos de las PYMES ecuatorianas, según la CIIU sector Construcción y sector Transporte periodo 2012-2017

Abstract

Abstract:Cash management is efficient by three basic strategies: cover accounts payable at the latest without damaging credit history; use inventory quickly through its rotation and collect accounts in the short term without losing future sales, this work aims to analyze the strategies implemented by small and medium enterprises (SMEs) in the Transportation and Construction sectors. The methodology is based on articles and research, taking data that measure performance: ROA, ROE, liquidity, indebtedness, turnover and inventory turnover, cash cycle, average collection and payment, obtaining results that corroborate macroeconomic information, mostly they do not effectively fulfill the strategies and in the correlation a large part of the indicators do not have significant associativity, the majority is almost nil. The results offered valid information that will lead these SMEs to improve their profitability, mostly it is necessary to improve their cash management, optimize inventory rotation policies, accounts receivable and payable, and the theory of cash management prevails throughout this work.