From correlation to mechanisms: the cash conversion cycle as a mediator between accounts receivable and liquidity
DOI:
https://doi.org/10.56183/soar.v8i1.46Keywords:
Cash conversion cycle, brewing industry, working capital management, financial analysis, financial managementAbstract
The firm's main purpose is to generate economic benefits for its shareholders, but to ensure proper accounts are collected, they must be managed efficiently so the risk of non-payment can be minimized. The aim was to determine the link between accounts receivable and liquidity in the Peruvian beer sector, 2017–2021. A quantitative, applied, non-experimental, cross-sectional, correlational-descriptive research design was used. The findings showed that when accounts receivable are high, liquidity is low, and vice versa. Furthermore, the statistical data used were parametric, with a p-value greater than 0.05, which allowed H0 to be accepted for each objective. It was concluded that the link between accounts receivable and cash on hand is not substantial, as reported by the BVL and the SMV. In addition, a Pearson coefficient of 0.729 indicates that the link is strongly positive
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Copyright (c) 2026 Victor Hugo Puican Rodriguez, Henry Elder Ventura Aguilar, José Luis Aguilar Delgado, Saira Bautista Pérez, Rolinnxs Jhonathan Huaman Culqui, Agustín Roberto Mendoza Alfaro
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