Gestión del capital circulante y la rentabilidad

Introduction: Effective management of working capital and profitability is a critical area of study, as it forms the foundation of a company’s operational activities. Therefore, evaluating financial decision-making within organizations is essential. This research project, conducted during 2023–2024, was supported by Universidad Libre, Cúcuta, and the University of Pamplona in Colombia.Objective: To analyze the scientific literature that explores the relationship between working capital management and profitability.Methodology: This study adopts a quantitative approach using bibliometric analysis. A comprehensive review of existing literature in the Scopus database was conducted, followed by data analysis using Bibliometrix and VOSviewer. A total of 501 articles were examined.Results: The findings reveal that India has contributed the highest number of research studies on this topic in recent years. Martinez-Solano P. is the most frequently cited author, while Lappeenranta University of Technology has led the most research in this domain. The correlation analysis identified five key thematic clusters, with a strong focus on profitability, working capital, and the cash conversion cycle.Conclusions: The evolution of research in this field has primarily centered on two critical aspects: the cash conversion cycle and capital management strategies.Originality: This article is an original work by the authors and has not been published or submitted for review in any other print or digital medium.Limitations: Expanding the study’s time frame and incorporating additional databases could enhance the research scope and depth.