Rentabilidad y punto de equilibrio de las empresas comerciales uruguayas: Evidencia empírica
This work is descriptive and its purpose is to characterize the profitability of Uruguayan companies based on their relationship with costs, the breakeven point and the specific commercial sector, as a way of understanding the economic dynamics of commerce. The methodological strategy consists of t...
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| Format: | Article |
| Language: | Spanish |
| Published: |
2021
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| Subjects: | |
| Online Access: | https://dialnet.unirioja.es/servlet/oaiart?codigo=9115906 |
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| Summary: | This work is descriptive and its purpose is to characterize the profitability of Uruguayan companies based on their relationship with costs, the breakeven point and the specific commercial sector, as a way of understanding the economic dynamics of commerce. The methodological strategy consists of the analysis of the descriptive statistics of indicators related to profitability and costs, from the data of a base made up of 33,826 financial statements of Uruguayan commercial companies. One of the most important findings is that these firms work with a reduced margin of safety with respect to their breakeven point, which is close to an average of 24%, placing them in a vulnerable situation in the face of possible drops in activity. Uruguayan commercial companies operate with a positive and stable average profitability of 17% based on their ROA, which amounts to 21% in companies with positive results. In companies with losses, a growth in the weight of fixed costs in sales is observed, but the percentage marginal contribution remains. This indicates a drop in sales without reaction in line with the drop in structural costs. |
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