The relationship between the management of working capital and corporate profitability in the chemicals distribution industry in Colombia

被引：1
|
作者：
Jaramillo Aguirre, Sebastian [1 ]
机构：
[1] Negociador Int UPB, Medellin, Colombia
来源：
REVISTA FINANZAS Y POLITICA ECONOMICA | 2016年 / 8卷 / 02期
关键词：
working capital; profitability; chemicals distribution;
D O I：
10.14718/revfinanzpolitecon.2016.8.2.6
中图分类号：
F [经济];
学科分类号：
02 ;
摘要：
This article offers empirical evidence on the relationship between the working capital and corporate profitability for the chemicals distribution sector in Colombia. The study looks at 48 companies during the 2008-2014 period. The results provide empirical evidence that there is a significant relationship between the factors pertaining to working capital and corporate profitability in the sector. There is negative and significant relationship between days sales outstanding, days payable outstanding, the cash conversion cycle, and corporate profitability.
引用
收藏
页码：327 / 347
页数：21
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