Estrategias de optimización del capital del trabajo y su impacto en la rentabilidad: un estudio comparativo en las empresas Copacigulf S.A., industrial Danec S.A., Asuncorp S.A.

Abstract

Abstract: The study analyzes working capital optimization strategies and their impact on the profitability of three Ecuadorian companies: Copacigulf S.A., Industrial Danec S.A., and Asuncorp S.A. Using a comparative and descriptive approach, it examines liquidity, profitability, solvency, and activity indicators from 2019 to 2023. The results show that Copacigulf S.A. achieved stability in its working capital but faced fluctuations in liquidity and profitability. Industrial Danec S.A. improved its profitability and operational efficiency thanks to the optimization of inventories and accounts payable, despite a high dependence on external financing. Asuncorp S.A., for its part, showed a recovery in its working capital starting in 2022, with improvements in debt management and optimization of its production process. It is concluded that efficient working capital management is important for companies to maximize profitability and minimize financial risks, allowing them to adapt to dynamic and competitive economic environments.