{"id":"https://openalex.org/W7038288129","doi":null,"title":"The impact of working capital on profitability in the European tourism","display_name":"The impact of working capital on profitability in the European tourism","publication_year":2018,"publication_date":"2018-09-01","ids":{"openalex":"https://openalex.org/W7038288129"},"language":"en","primary_location":{"id":"pmh:oai:repositorio.iscte-iul.pt:10071/18581","doi":null,"is_oa":true,"landing_page_url":"http://hdl.handle.net/10071/18581","pdf_url":null,"source":{"id":"https://openalex.org/S7407055197","display_name":"Reposit\u00f3rio do ISCTE-IUL","issn_l":null,"issn":null,"is_oa":false,"is_in_doaj":false,"is_core":false,"listed_in":[],"host_organization":null,"host_organization_name":null,"host_organization_lineage":[],"host_organization_lineage_names":[],"type":"repository"},"license":"other-oa","license_id":"https://openalex.org/licenses/other-oa","version":"submittedVersion","is_accepted":false,"is_published":false,"raw_source_name":null,"raw_type":"masterThesis"},"volume":null,"type":"dissertation","is_traditional":true,"indexed_in":[],"open_access":{"is_oa":true,"oa_status":"green","oa_url":"http://hdl.handle.net/10071/18581","any_repository_has_fulltext":true},"authorships":[{"author_position":"first","author":{"id":null,"display_name":"Campina, Marisa Tom\u00e1s","orcid":null,"observed_orcids":[]},"institutions":[],"countries":[],"is_corresponding":true,"raw_author_name":"Campina, Marisa Tom\u00e1s","raw_affiliation_strings":[],"raw_orcid":null,"affiliations":[]}],"institutions":[],"countries_distinct_count":0,"institutions_distinct_count":0,"corresponding_author_ids":[],"corresponding_institution_ids":[],"apc_list":null,"apc_paid":null,"fwci":null,"has_fulltext":false,"cited_by_count":0,"citation_normalized_percentile":null,"cited_by_percentile_year":null,"biblio":{"volume":null,"issue":null,"first_page":null,"last_page":null},"is_retracted":false,"is_paratext":false,"is_xpac":true,"primary_topic":{"id":"https://openalex.org/T12544","display_name":"Working Capital and Financial Performance","score":1.0,"subfield":{"id":"https://openalex.org/subfields/1402","display_name":"Accounting"},"field":{"id":"https://openalex.org/fields/14","display_name":"Business, Management and Accounting"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}},"topics":[{"id":"https://openalex.org/T12544","display_name":"Working Capital and Financial Performance","score":1.0,"subfield":{"id":"https://openalex.org/subfields/1402","display_name":"Accounting"},"field":{"id":"https://openalex.org/fields/14","display_name":"Business, Management and Accounting"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}},{"id":"https://openalex.org/T10328","display_name":"Supply Chain and Inventory Management","score":0.0,"subfield":{"id":"https://openalex.org/subfields/1803","display_name":"Management Science and Operations Research"},"field":{"id":"https://openalex.org/fields/18","display_name":"Decision Sciences"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}},{"id":"https://openalex.org/T12123","display_name":"Financial Analysis and Corporate Governance","score":0.0,"subfield":{"id":"https://openalex.org/subfields/1402","display_name":"Accounting"},"field":{"id":"https://openalex.org/fields/14","display_name":"Business, Management and Accounting"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}}],"keywords":[{"id":"https://openalex.org/keywords/working-capital-management","display_name":"working capital management","score":1.0},{"id":"https://openalex.org/keywords/profitability","display_name":"profitability","score":0.9430000185966492},{"id":"https://openalex.org/keywords/cash-conversion-cycle","display_name":"cash conversion cycle","score":0.8309999704360962},{"id":"https://openalex.org/keywords/return-on-assets","display_name":"return on assets","score":0.8140000104904175},{"id":"https://openalex.org/keywords/tourism-enterprises","display_name":"tourism enterprises","score":0.722000002861023},{"id":"https://openalex.org/keywords/accounts-receivable","display_name":"accounts receivable","score":0.878000020980835},{"id":"https://openalex.org/keywords/inventory","display_name":"inventory","score":0.7289999723434448},{"id":"https://openalex.org/keywords/accounts-payable","display_name":"accounts payable","score":0.9570000171661377},{"id":"https://openalex.org/keywords/european-tourism","display_name":"European tourism","score":0.6800000071525574}],"concepts":[{"id":"https://openalex.org/C60679458","wikidata":"https://www.wikidata.org/wiki/Q823288","display_name":"Working capital","level":2,"score":0.9007999897003174},{"id":"https://openalex.org/C129361004","wikidata":"https://www.wikidata.org/wiki/Q2470236","display_name":"Profitability index","level":2,"score":0.8572999835014343},{"id":"https://openalex.org/C144133560","wikidata":"https://www.wikidata.org/wiki/Q4830453","display_name":"Business","level":0,"score":0.6060000061988831},{"id":"https://openalex.org/C110000284","wikidata":"https://www.wikidata.org/wiki/Q1499557","display_name":"Cash conversion cycle","level":4,"score":0.4603999853134155},{"id":"https://openalex.org/C10138342","wikidata":"https://www.wikidata.org/wiki/Q43015","display_name":"Finance","level":1,"score":0.43959999084472656},{"id":"https://openalex.org/C198531522","wikidata":"https://www.wikidata.org/wiki/Q485146","display_name":"Sample (material)","level":2,"score":0.43849998712539673},{"id":"https://openalex.org/C83646750","wikidata":"https://www.wikidata.org/wiki/Q193893","display_name":"Capital (architecture)","level":2,"score":0.4219000041484833},{"id":"https://openalex.org/C183582576","wikidata":"https://www.wikidata.org/wiki/Q184783","display_name":"Market liquidity","level":2,"score":0.41589999198913574},{"id":"https://openalex.org/C171884676","wikidata":"https://www.wikidata.org/wiki/Q1755687","display_name":"Return on capital employed","level":5,"score":0.3752000033855438},{"id":"https://openalex.org/C18918823","wikidata":"https://www.wikidata.org/wiki/Q49389","display_name":"Tourism","level":2,"score":0.35749998688697815},{"id":"https://openalex.org/C162324750","wikidata":"https://www.wikidata.org/wiki/Q8134","display_name":"Economics","level":0,"score":0.3546999990940094},{"id":"https://openalex.org/C40113805","wikidata":"https://www.wikidata.org/wiki/Q245930","display_name":"Return on capital","level":5,"score":0.35409998893737793},{"id":"https://openalex.org/C107584723","wikidata":"https://www.wikidata.org/wiki/Q1460626","display_name":"Risk-adjusted return on capital","level":5,"score":0.34850001335144043},{"id":"https://openalex.org/C142172996","wikidata":"https://www.wikidata.org/wiki/Q221284","display_name":"Conformity","level":2,"score":0.3386000096797943},{"id":"https://openalex.org/C163428354","wikidata":"https://www.wikidata.org/wiki/Q1047513","display_name":"Cash flow","level":2,"score":0.3287000060081482},{"id":"https://openalex.org/C2776291640","wikidata":"https://www.wikidata.org/wiki/Q2912517","display_name":"Value (mathematics)","level":2,"score":0.3181000053882599},{"id":"https://openalex.org/C27548731","wikidata":"https://www.wikidata.org/wiki/Q88272","display_name":"Investment (military)","level":3,"score":0.30239999294281006},{"id":"https://openalex.org/C2778083465","wikidata":"https://www.wikidata.org/wiki/Q693464","display_name":"Cash","level":2,"score":0.29600000381469727},{"id":"https://openalex.org/C2777877159","wikidata":"https://www.wikidata.org/wiki/Q260732","display_name":"Working time","level":3,"score":0.2955000102519989},{"id":"https://openalex.org/C51966318","wikidata":"https://www.wikidata.org/wiki/Q730884","display_name":"Current asset","level":3,"score":0.2833999991416931},{"id":"https://openalex.org/C556758197","wikidata":"https://www.wikidata.org/wiki/Q580018","display_name":"Monetary economics","level":1,"score":0.2784999907016754},{"id":"https://openalex.org/C145236788","wikidata":"https://www.wikidata.org/wiki/Q28161","display_name":"Labour economics","level":1,"score":0.27320000529289246},{"id":"https://openalex.org/C44750222","wikidata":"https://www.wikidata.org/wiki/Q1897397","display_name":"Financial capital","level":3,"score":0.27059999108314514},{"id":"https://openalex.org/C143369678","wikidata":"https://www.wikidata.org/wiki/Q467212","display_name":"Capital intensity","level":3,"score":0.26910001039505005},{"id":"https://openalex.org/C57495647","wikidata":"https://www.wikidata.org/wiki/Q295385","display_name":"Economic capital","level":3,"score":0.26829999685287476},{"id":"https://openalex.org/C74734477","wikidata":"https://www.wikidata.org/wiki/Q1479274","display_name":"Cost of capital","level":3,"score":0.2637999951839447},{"id":"https://openalex.org/C130731218","wikidata":"https://www.wikidata.org/wiki/Q1363554","display_name":"Financial analysis","level":2,"score":0.2623000144958496},{"id":"https://openalex.org/C16969640","wikidata":"https://www.wikidata.org/wiki/Q1070805","display_name":"Capital adequacy ratio","level":3,"score":0.2590999901294708},{"id":"https://openalex.org/C25070020","wikidata":"https://www.wikidata.org/wiki/Q426971","display_name":"Economic Value Added","level":3,"score":0.2581999897956848}],"mesh":[],"locations_count":1,"locations":[{"id":"pmh:oai:repositorio.iscte-iul.pt:10071/18581","doi":null,"is_oa":true,"landing_page_url":"http://hdl.handle.net/10071/18581","pdf_url":null,"source":{"id":"https://openalex.org/S7407055197","display_name":"Reposit\u00f3rio do ISCTE-IUL","issn_l":null,"issn":null,"is_oa":false,"is_in_doaj":false,"is_core":false,"listed_in":[],"host_organization":null,"host_organization_name":null,"host_organization_lineage":[],"host_organization_lineage_names":[],"type":"repository"},"license":"other-oa","license_id":"https://openalex.org/licenses/other-oa","version":"submittedVersion","is_accepted":false,"is_published":false,"raw_source_name":null,"raw_type":"masterThesis"}],"best_oa_location":{"id":"pmh:oai:repositorio.iscte-iul.pt:10071/18581","doi":null,"is_oa":true,"landing_page_url":"http://hdl.handle.net/10071/18581","pdf_url":null,"source":{"id":"https://openalex.org/S7407055197","display_name":"Reposit\u00f3rio do ISCTE-IUL","issn_l":null,"issn":null,"is_oa":false,"is_in_doaj":false,"is_core":false,"listed_in":[],"host_organization":null,"host_organization_name":null,"host_organization_lineage":[],"host_organization_lineage_names":[],"type":"repository"},"license":"other-oa","license_id":"https://openalex.org/licenses/other-oa","version":"submittedVersion","is_accepted":false,"is_published":false,"raw_source_name":null,"raw_type":"masterThesis"},"sustainable_development_goals":[{"display_name":"Decent work and economic growth","id":"https://metadata.un.org/sdg/8","score":0.9211000204086304}],"study_designs":[],"awards":[],"funders":[],"has_content":{"grobid_xml":false,"pdf":false},"content_urls":null,"referenced_works_count":0,"referenced_works":[],"related_works":["https://openalex.org/W7016007958","https://openalex.org/W3125193371","https://openalex.org/W2587720440","https://openalex.org/W2883072374","https://openalex.org/W2174401383","https://openalex.org/W4387037779","https://openalex.org/W4224236360","https://openalex.org/W2997036591","https://openalex.org/W6931356265","https://openalex.org/W7135507635"],"abstract_inverted_index":{"Working":[0],"Capital":[1],"Management":[2],"represents":[3],"an":[4,29],"important":[5],"issue":[6],"to":[7,14,34,40,96,115],"take":[8],"into":[9],"consideration":[10],"since":[11],"it":[12],"relates":[13],"corporate":[15],"financial":[16],"strategy":[17],"and":[18,21,39,65,82,111,125],"influences":[19],"liquidity":[20],"profitability":[22,38,66,86,99],"of":[23,50,105],"companies.":[24],"It":[25],"is":[26,75,121],"expected":[27],"that":[28,92],"efficient":[30],"working":[31,62,79],"capital":[32,63,80],"management":[33,64],"affect":[35],"positively":[36],"firms\u2019":[37],"contribute":[41],"for":[42,45,67],"value":[43],"creation":[44],"shareholders.":[46],"Analysing":[47],"a":[48,78,85,118],"sample":[49],"59,131":[51],"European":[52],"Touristic":[53],"firms,":[54],"the":[55,59,68,103],"present":[56],"research":[57],"investigates":[58],"relation":[60],"between":[61,123],"period":[69],"2009-2016.":[70],"Cash":[71],"Conversion":[72],"Cycle":[73],"(CCC)":[74],"used":[76],"as":[77,84],"measure":[81],"ROA":[83],"measure.":[87],"The":[88],"results":[89],"obtained":[90],"suggest":[91],"companies":[93],"are":[94],"able":[95],"achieve":[97],"higher":[98],"levels":[100],"by":[101],"decreasing":[102],"number":[104],"days":[106],"in":[107],"accounts":[108],"receivable,":[109],"inventories":[110],"payables.":[112],"In":[113],"conformity":[114],"previous":[116],"studies,":[117],"negative":[119],"relationship":[120],"found":[122],"CCC":[124],"profitability.":[126]},"counts_by_year":[],"updated_date":"2026-08-18T07:49:30.821534","created_date":"2025-10-10T00:00:00"}