The impact of the Covid-19 pandemic on working capital and the insolvency forecast of brazilian companies in the hotel and restaurant subsectors

• Autor(a) principal: Silva, Lorena Melo Martins da
• Data de Publicação: 2024
• Outros Autores: Santos, Sergio Gouveia, Santos, Raidan Iago dos, Silva, Valdemir da
• Tipo de documento: Artigo
• Idioma: por
• Título da fonte: Revista FATEC Zona Sul
• Texto Completo: https://www.revistarefas.com.br/RevFATECZS/article/view/625
• topic: Covid-19; Hostelería y Restaurantes; Modelo Fleuriet; Capital de Trabajo; Covid-19; Hospitality and Restaurants; Fleuriet Model; Working Capital; Hotelaria e Restaurantes; Modelo Fleuriet; Capital de Giro; Covid-19

This study aimed to analyze the short-term financial management of companies in the hotel and restaurant sectors, listed on B3 by the Fleuriet model, and its ability to analyze the possibility of insolvency of entities. For this purpose, we used dynamic analysis variables of working capital (Fleuriet model), verifying the behavior of the insolvency forecast of these entities between the 1st quarter of 2018 and the 1st quarter of 2021. The results evidenced that, by the Fleuriet dynamic model, all companies, in different quarters, had an undesirable financial situation in 2020, confirming the impact of Covid-19 on their operations. Therefore, society’s understanding of the impact on these segments during the pandemic is eminent, as this information is relevant for users external to organizations, strengthening their decision-making power.