The management of work capital

an enterprise challenge

Authors

  • Yoania Castillo Padrón Universidad de Cienfuegos "Carlos Rafael Rodríguez". Facultad de Ciencias Económicas y Empresariales. Cienfuegos, Cuba.
  • Obanis Miguel Camejo Monasterio Universidad de Cienfuegos "Carlos Rafael Rodríguez". Facultad de Ciencias Económicas y Empresariales. Cienfuegos, Cuba.

Keywords:

Work capital; Financial management; Cash; Accounts to be charged; Inventory; Financing

Abstract

This paper called "The Management of Work Capital: An Enterprise Challenge”, was developed in the Cienfuegos Integral Forestry Enterprise, belonging to the Ministry of Agriculture. Its objective is to design procedures of work capital management, of the Cienfuegos Integral Forestry Enterprise and to put at the disposal of the enterprise different financial alternatives which will allow operating with an appropriate work capital. As a result of the work the following matters were determined: the decrease of the Work Capital and the fundamental causes, the insufficient liquidity, the clients that fulfill their payment commitments, the inventory accounts in which the enterprise has the largest investment and the main financing sources in the short term.  For the development of the paper, different techniques were used for the reception of information such as: bibliographical revision, interviews, observation, also analysis abilities of the variation of work capital and also evaluation of the elements that compose it, were developed. Informatics technology is used starting off from the use of the different Microsoft Office: Microsoft Word and Microsoft Excel applications. 

Published

2007-06-19

How to Cite

Castillo Padrón, Y., & Camejo Monasterio, O. M. (2007). The management of work capital: an enterprise challenge. Scientific Journal Visión De Futuro, 8(2). Retrieved from https://visiondefuturo.fce.unam.edu.ar/index.php/visiondefuturo/article/view/633

Issue

Section

Original Articles

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