Estrategias de optimización del capital de trabajo y su impacto en la rentabilidad: un estudio comparativo en las empresas GERARDO ORTIZ E HIJOS CÍA. LTDA., FERRERO DEL ECUADOR S.A., LINDE ECUADOR S.A.

Abstract

Abstract: This paper analyzed working capital optimization strategies and their impact on the profitability of Gerardo Ortiz e Hijos, Ferrero Ecuador, and Linde Ecuador. To this end, a quantitative and comparative methodology was applied, based on the analysis of financial indicators, using statistical analysis, as well as scenarios and risks, to identify patterns that maximize profitability. It was identified that the most effective strategies aimed at balancing inventory management, accounts receivable, and payable indicators. The results of the study determined that the companies' working capital is in a solid position, highlighting that Gerardo Ortiz e Hijos is the most efficient, as it has a lower cash conversion cycle compared to the other companies. Likewise, it was found that by optimizing inventory turnover and accounts receivable, they had a direct impact on ROE, as these changes improved their cash conversion cycles, resulting in greater profitability.