“Revisión dinámica de las Normas Internacionales de Información Financiera en la gestión del capital de trabajo neto operativo: Caso MiPymes fabricantes de materiales de arcilla para la construcción del Norte de Santander, periodo 2016-2019.”

Abstract

The development of this research focused on the sector of companies that manufacture clay materials for construction located in Norte de Santander for the years 2016 to 2019, where the review and analysis of the operating net working capital was generated, to determine the management of the administrators in the generation of cash flows and ability or not to add value to these organizations. The research was developed under a mixed methodology, the population was determined by the companies that are part of this sector in the Norte de Santander department and the sample consisted of five (5) companies, which was determined for convenience, according to with the achievement of financial information in the database consulted to extract the information. As a result of this investigation, the main findings were that, in general, the organizations under study presented non-compliance with their financing policies, evidencing an inadequate administration of the operating net working capital and the presence of idle funds and opportunity costs, generated by the absence of monitoring and control by the management of portfolio collection management, rotation and adequate inventory levels and compliance with the commitments to suppliers in coordination with the growth of sales. Likewise, it was determined that according to the economic figures, the leverage decisions exceeded the margin established in the market for the sector to which they belong, generating high financing costs that affected the operating result.