Effect of COVID-19 on the cash flow of electrical equipment marketing companies: The case of Cuenca-Ecuador

Jorge Luis Garcia, Daniela Alarcon, Lady Bermeo

Research output: Chapter in Book/Report/Conference proceedingConference contributionpeer-review

Abstract

The objective of this work was to determine the effect of COVID-19 on the cash flow of electrical equipment marketing companies in the city of Cuenca. To achieve this purpose, it is necessary to carry out a descriptive and longitudinal investigation, in which the cash flows of the years between 2018 and 2021 of the companies that sell electrical equipment in the city of Cuenca-Ecuador were analyzed. Likewise, a questionnaire was applied to the financial managers of these entities to learn first-hand about their criteria regarding the cash levels existing in the companies. The results show that this sector faced a reduction in its sales, an increase in the portfolio, the accumulation of inventories, as well as the need to reduce personnel as a means to control current spending.

Original languageEnglish
Title of host publication2023 9th International Conference on Innovation and Trends in Engineering, CONIITI 2023 - Proceedings
EditorsJenny Paola Hernandez Triana
PublisherInstitute of Electrical and Electronics Engineers Inc.
ISBN (Electronic)9798350369465
DOIs
StatePublished - 2023
Event9th International Conference on Innovation and Trends in Engineering, CONIITI 2023 - Bogota, Colombia
Duration: 4 Oct 20236 Oct 2023

Publication series

Name2023 9th International Conference on Innovation and Trends in Engineering, CONIITI 2023 - Proceedings

Conference

Conference9th International Conference on Innovation and Trends in Engineering, CONIITI 2023
Country/TerritoryColombia
CityBogota
Period4/10/236/10/23

Bibliographical note

Publisher Copyright:
© 2023 IEEE.

Keywords

  • Cash flow
  • COVID-19
  • Cuenca
  • electrical equipment
  • trading companies

Fingerprint

Dive into the research topics of 'Effect of COVID-19 on the cash flow of electrical equipment marketing companies: The case of Cuenca-Ecuador'. Together they form a unique fingerprint.

Cite this