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

doi:10.1109/CONIITI61170.2023.10324084

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 Group on Finance, Auditing, Accounting and Taxation (GIFACT)

Research output: Chapter in Book/Report/Conference proceeding › Conference contribution › peer-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 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	https://doi.org/10.1109/CONIITI61170.2023.10324084
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

CACES Knowledge Areas

114A Accounting and Auditing

Access to Document

10.1109/CONIITI61170.2023.10324084

Cite this

Garcia, J. L., Alarcon, D., & Bermeo, L. (2023). Effect of COVID-19 on the cash flow of electrical equipment marketing companies: The case of Cuenca-Ecuador. In J. P. H. Triana (Ed.), 2023 9th International Conference on Innovation and Trends in Engineering, CONIITI 2023 - Proceedings (2023 9th International Conference on Innovation and Trends in Engineering, CONIITI 2023 - Proceedings). Institute of Electrical and Electronics Engineers Inc.. https://doi.org/10.1109/CONIITI61170.2023.10324084

Garcia, Jorge Luis ; Alarcon, Daniela ; Bermeo, Lady. / Effect of COVID-19 on the cash flow of electrical equipment marketing companies : The case of Cuenca-Ecuador. 2023 9th International Conference on Innovation and Trends in Engineering, CONIITI 2023 - Proceedings. editor / Jenny Paola Hernandez Triana. Institute of Electrical and Electronics Engineers Inc., 2023. (2023 9th International Conference on Innovation and Trends in Engineering, CONIITI 2023 - Proceedings).

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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.",

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Garcia, JL, Alarcon, D & Bermeo, L 2023, Effect of COVID-19 on the cash flow of electrical equipment marketing companies: The case of Cuenca-Ecuador. in JPH Triana (ed.), 2023 9th International Conference on Innovation and Trends in Engineering, CONIITI 2023 - Proceedings. 2023 9th International Conference on Innovation and Trends in Engineering, CONIITI 2023 - Proceedings, Institute of Electrical and Electronics Engineers Inc., 9th International Conference on Innovation and Trends in Engineering, CONIITI 2023, Bogota, Colombia, 4/10/23. https://doi.org/10.1109/CONIITI61170.2023.10324084

Effect of COVID-19 on the cash flow of electrical equipment marketing companies: The case of Cuenca-Ecuador. / Garcia, Jorge Luis; Alarcon, Daniela; Bermeo, Lady.
2023 9th International Conference on Innovation and Trends in Engineering, CONIITI 2023 - Proceedings. ed. / Jenny Paola Hernandez Triana. Institute of Electrical and Electronics Engineers Inc., 2023. (2023 9th International Conference on Innovation and Trends in Engineering, CONIITI 2023 - Proceedings).

Research output: Chapter in Book/Report/Conference proceeding › Conference contribution › peer-review

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AB - 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.

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Garcia JL, Alarcon D, Bermeo L. Effect of COVID-19 on the cash flow of electrical equipment marketing companies: The case of Cuenca-Ecuador. In Triana JPH, editor, 2023 9th International Conference on Innovation and Trends in Engineering, CONIITI 2023 - Proceedings. Institute of Electrical and Electronics Engineers Inc. 2023. (2023 9th International Conference on Innovation and Trends in Engineering, CONIITI 2023 - Proceedings). doi: 10.1109/CONIITI61170.2023.10324084

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

Abstract

Publication series

Conference

Bibliographical note

Keywords

CACES Knowledge Areas

Access to Document

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Cite this