Estrategias de optimización del capital de trabajo y su impacto en la rentabilidad: un estudio comparativo en las empresas Alicorp s.a. ,Tadel s.a .,Fábrica de papel Higiénico del Valle Favalle cia. ltda.

Abstract

Abstract: The objective of this work is to determine the impact of working capital optimization on the return on equity ROE of three companies operating in different economic sectors in Ecuador, identifying variables, effective strategies and sectorial factors that influence this relationship. For this purpose, the following companies were selected: Tadel S.A., Papel Higiénico del Valle FAVALLE CIA LTDA. and Alicorp S.A.; a quantitative and comparative analysis was applied to evaluate the financial statements and indicators during the period 2019 to 2023. Linear programming was used to optimize working capital in order to improve ROE. The results determine that the optimization of working capital allows increasing the performance of companies, depending on the characteristics of the economic sector and of each company. It is concluded that working capital optimization is a fundamental tool, but it must be adjusted to the characteristics of the company and the sector, so that companies can improve their profitability and therefore remain solvent and in constant economic and social growth.