Relação do capital de giro com indicadores de desempenho: um estudo de caso de uma indústria metal-mecânica

Abstract

The objective of this study was to analyze the financial economic structure of a metal-mechanic, single-rotor company located in the state of Paraná. The study is focused on the management of working capital and the relation that this management can exercise in the financial economic indicators. The research is descriptive and was developed based on monthly data collected in the information systems of the company studied, in the period of 2016 and 2017. To analyze the results we used descriptive statistics and correlation analysis based on the Spearman model. The results pointed to the solid economic and financial structure of the company with specific points of variation due mainly to the seasonality of the market. Regarding the correlation of working capital with the indicators, there was a positive relation between the financial cycle and the customer receivables period, while the operational cycle showed a positive correlation with current and negative liquidity with the participation of third-party capital.