Administración del capital de trabajo y su incidencia en la rentabilidad de la fábrica de Aluminios Hércules.

Abstract

The investigation presents the solution to the difficulties in managing working capital in “Aluminios Hercules” factory and results in the decrease in profitability. Following a descriptive methodology and documentary and financial analysis, it was determined that the company does not carry efficiently their operations in the management of working capital and cash and there are also rules and procedures are not met, as is the use and evaluation of financial indicators for business performance , which directly affects the management of current assets. Company doesn’t maintain an acceptable level of working capital as a result this leads to long-term risk of falling into a state of insolvency and even more, may be forced to declare bankruptcy. Consequently, the research aims to analyze first asset accounts and liabilities, are the same as working capital and thereby provide practical tools for financial management. For effective control of asset accounts and liabilities circulating provides financial strategies, which are encompassed within a financial planning model, this model will allow to increase the profitability of the company.