Análise do ciclo operacional e financeiro: um estudo de caso em uma empresa do ramo de pré-fabricado de São Lourenço Do Oeste - SC

Abstract

This study aims to calculate and analyze the operational and financial cycle in a medium-sized prefabricated company in the city of. In order to assist the financial manager in decision-making and calculate the real need for working capital of the company. It is a case study, with documentary analysis for data collection. In order to improve the representativeness of the average maturities, values were taken from the check balances and the income statement for each period. The inventory information, the accounts payable and receivable, were also collected to calculate the activity indexes. By means of the collected data, an operational cycle of 124 days a year was obtained and a monthly variation varied from 34 to 62 days and thus a financial cycle of 02 days a year and a variation of 22 to 64 days. Thus, the operational cycle comprises the time interval between the purchase of the raw material until the receipt of the sale and the financial cycle starts from the payments to the suppliers and ends with the receipt of the sales. It was also calculated, the Working Capital Requirement of the period, identifying a need of R $ 511,586.40 per annum and monthly had a variation from R $ 21,951.47 to R $ 56,323.12, in that the larger the financial cycle the more resources the company will need to maintain its activities. In this way, this study allowed the understanding of how the operational and financial cycle, as well as NCG, contributes to a better management of the company.