Influencia del capital de trabajo en la viabilidad financiera del sector comercial del cantón La Troncal

Abstract

The purpose of this study was to analyze the influence of working capital on the financial viability of SMEs engaged in the sale of household goods and appliances in the canton of La Troncal during the 2025–2026 period. The study was conducted using a quantitative approach, with a correlational scope and a non-experimental cross-sectional design, considering a population of 30 SMEs in the commercial sector. Data were collected through a structured questionnaire, which was validated through a pilot test and demonstrated adequate internal consistency. The results showed a very strong positive correlation between working capital and financial viability (ρ = 0.912; p < 0.05), a finding supported by simple linear regression analysis, which confirmed the significant impact of current resource management on business financial stability. Likewise, deficiencies were identified in cash planning, loan recovery, and inventory control, factors that affect the liquidity, profitability, and continuity of the analyzed companies. Based on the findings, it is concluded that working capital management is a key factor in the financial stability of SMEs in the commercial sector. Consequently, it is necessary to strengthen cash control, credit management, and inventory management processes in order to improve operational sustainability and business continuity in the market.