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 language | English |
---|---|
Title of host publication | 2023 9th International Conference on Innovation and Trends in Engineering, CONIITI 2023 - Proceedings |
Editors | Jenny Paola Hernandez Triana |
Publisher | Institute of Electrical and Electronics Engineers Inc. |
ISBN (Electronic) | 9798350369465 |
DOIs | |
State | Published - 2023 |
Event | 9th International Conference on Innovation and Trends in Engineering, CONIITI 2023 - Bogota, Colombia Duration: 4 Oct 2023 → 6 Oct 2023 |
Publication series
Name | 2023 9th International Conference on Innovation and Trends in Engineering, CONIITI 2023 - Proceedings |
---|
Conference
Conference | 9th International Conference on Innovation and Trends in Engineering, CONIITI 2023 |
---|---|
Country/Territory | Colombia |
City | Bogota |
Period | 4/10/23 → 6/10/23 |
Bibliographical note
Publisher Copyright:© 2023 IEEE.
Keywords
- Cash flow
- COVID-19
- Cuenca
- electrical equipment
- trading companies