Impact of Working Capital on the Profitability of Companies in the Tourism Sector in Ecuador

被引：0

作者：

Armas Herrera, Reinaldo ^{[1
]}

Higuerey Gomez, Angel ^{[1
,2
]}

机构：

[1] Univ Tecn Particular Loja, Fac Ciencias Econ & Empresariales, Dept Ciencias Empresariales, Loja 110150, Ecuador

[2] Univ Los Andes, Inst Expt Invest Humanist Econ & Sociales IEXIHES, Trujillo 3150, Venezuela

来源：

ADVANCES IN TOURISM, TECHNOLOGY AND SYSTEMS, VOL 2 | 2022年 / 284卷

关键词：

D O I：

10.1007/978-981-16-9701-2_1

中图分类号：

TP18 [人工智能理论];

学科分类号：

081104 ; 0812 ; 0835 ; 1405 ;

摘要：

This article studies the relationship between profitability and working capital components in the Ecuadorian tourism industry in the period 2014-2019 in the lodging sector (hotels) and in the food and beverages sector (restaurants). Both sectors were analyzed separately to test whether the components of working capital had influence on the return on assets (ROA). In the case of hotels, there was no influence of the components, but in the case of restaurants, the average inventory period and the average payment period have a negative influence on ROA. If all companies are analyzed without differentiating their activity, these variables have a negative impact on ROA.

引用

页码：1 / 9

页数：9

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