ANALISIS TINGKAT PERPUTARAN PIUTANG USAHA TERHADAP LAPORAN ARUS KAS OPERASI PADA MANADO QUALITY HOTEL

Cash flow is the amount of cash flowing in and out of a company within a certain period. The problem raised in this research is how the impact of receivable turnover rate to operating cash flow statement. The method used by researchers using qualitative data. The result of the research shows that the effort of account receivable billing in the year 2015-2016 the worse the billing rate of the accounts receivable and the company need activities that lead to the effort of return of receivables seriously and pay attention to credit sales in order to stay according to established procedure and calculation analysis of cash flow ratio every period necessary to assess the effectiveness of the company's financial statements. Based on the results of research activities of operating cash flow in 2015 of Rp. 2,564,064,056 which means for receivable turnover (RTO) 1.10 times that has exceeded the target company and in 2016 for operating cash flow of Rp. 2,944,637,164 which means for receivable turnover (RTO) 0.89 times so it can not reach the target company.Keywords: Accounts Receivable, Receivable Turnover, Operating Cash Flow

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Effects of Sales, Receivables Turnover, and Cash Flow on Liquidity

10.20944/preprints201911.0175.v1 ◽

2019 ◽

Author(s):

Rusdiyanto Rusdiyanto ◽

Dian Agustia ◽

Soegeng Soetedjo ◽

Dina Fitrisia Septiarini ◽

Susetyorini Susetyorini ◽

...

Keyword(s):

Cash Flow ◽

Stock Exchange ◽

Secondary Data ◽

Financial Statements ◽

Financial Statement ◽

Sales Growth ◽

Accounts Receivable ◽

Operating Cash Flow ◽

Google Search ◽

A Company

In this study, the author proposes to evaluate the effect of sales growth, Receivable Turnover and operating cash flow on the liquidity of PT. Unilever Indonesia Plc. The research method used is descriptive method with a quantitative approach. In this statement, the population used in this study is the financial statement data from PT. Unilever Indonesia Plc. from 2010 to 2018, the technique of determining the sampling uses Purposive Sampling. This research data uses secondary data from PT. Unilever Indonesia Plc financial statements from 2010 to 2018. All data sources were obtained from the website of the Indonesia Stock Exchange at https://www.idx.co.id, the company's website and Google search. Our analysis reveals that sales growth and accounts receivable turnover from PT. Unilever Indonesia Plc. has no influence on the liquidity of PT. Unilever Indonesia Plc, while operating cash flow has an influence on the Liquidity of PT Unilever Indonesia Plc. This means the ups and downs of the value of sales and accounts receivable turnover of a company has no influence on the liquidity of PT. Unilever Indonesia Plc, while operating cash flow has increased or decreased has an influence on the liquidity of PT Unilever Indonesia Plc. The value of sales growth, accounts receivable turnover and operating cash flow can explain the liquidity of PT Unilever Indonesia Plc. by 78%, while 22% is explained by other factors which are not included in this study.

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ANALISIS LAPORAN KEUANGAN UNTUK MENGUKUR KINERJA KEUANGAN PERUSAHAAN TELEKOMUNIKASI PT. SMARTFREN TELECOM TBK TAHUN 2017-2018

GOING CONCERN : JURNAL RISET AKUNTANSI ◽

10.32400/gc.15.2.27852.2020 ◽

2020 ◽

Vol 15 (2) ◽

pp. 55

Author(s):

Yana Aprilia Manuhutu ◽

Herman Karamoy ◽

Sintje Rondonuwu

Keyword(s):

Financial Performance ◽

Cash Flow ◽

Stock Exchange ◽

Financial Statements ◽

Financial Reports ◽

Economic Decisions ◽

Use Of Resources ◽

Operating Cash Flow ◽

A Company ◽

Telecommunications Companies

Financial statements are the final process in the accounting process that has an important role for measuring and evaluating the performance of a company. Companies in Indonesia, especially companies that go public are required to make financial reports every period. The financial statements have the purpose of providing information about the company's financial position, performance, and cash flow which is beneficial for most report users in order to make economic decisions and show management's stewardship for the use of resources entrusted to them. This study aims to determine, the results of the analysis of Liquidity Ratios, Solviabilities, Profitability, and Activities of the financial performance of companies listed on the Indonesia Stock Exchange (Study on PT. Smartfren Telcom Tbk 2017-2018). The analytical method used is descriptive qualitative analysis. The result of this study shows that the financial performance of PT. Smartfren Telecom.Tbk is not going well yet. This is seen through the results of an analysis which shows that the instability of the company's financial performance produced between 2017 and 2018. Telecommunications companies must further improve the company's performance by reducing the amount of debt and increasing operating cash flow

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Study on Companies from the Energy Sector from the Perspective of Performance through the Operating Cash Flow

Energies ◽

10.3390/en14123667 ◽

2021 ◽

Vol 14 (12) ◽

pp. 3667

Author(s):

Claudia Diana Sabău-Popa ◽

Luminița Rus ◽

Dana Simona Gherai ◽

Codruța Mare ◽

Ioan Gheorghe Țara

Keyword(s):

Labor Productivity ◽

Cash Flow ◽

Stock Exchange ◽

Average Duration ◽

Significant Negative Correlation ◽

Cash Flows ◽

Energy Sector ◽

Or Management ◽

Operating Cash Flow ◽

The Impact

In this paper we analyzed the link between companies’ performance, in terms of cash and income, and the labor productivity or management rates, in case of the companies from the energy sector listed on the Bucharest Stock Exchange. We focused on the energy sector because of the impact that its expansion has on the evolution of economies around the world and because of its dynamics in the sense of gradually shifting to the use of energy from renewable sources. We have used panel regression models to analyze the operating cash flow and the profitability rates and the determination of a causal or dependency relationship with labor productivity or management rates. The results of this study show a significant negative correlation between operating cash flows and the average duration of stock rotation, and no correlation between productivity and the operating cash flow. Instead, the average duration of stock turnover does not at all influence the profitability rates, and productivity is always significant for the return on assets, ie forthe return on equitywith a positive coefficient, as expected. The gap between the average duration of payment of suppliers and the average duration of receivables does not significantly influence neither the cash flow nor the rates of return.

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ARUS KAS, CASH HOLDING, KENDALA PENDANAAN DAN INVESTASI DI INDONESIA

AdBispreneur ◽

10.24198/adbispreneur.v3i2.19003 ◽

2019 ◽

Vol 3 (2) ◽

pp. 169

Author(s):

Risal Rinofah

Keyword(s):

Cash Flow ◽

Financial Constraints ◽

Average Rate ◽

Cash Flows ◽

Cash Holding ◽

Investment Level ◽

Show Evidence ◽

The Impact ◽

A Company ◽

Positive Effect

ABSTRACTThis study aims to detect Cash Flow, Cash Holding and Financial Constraints effect on investment decisions of companies in Indonesia. Some of the previous studies outside Indonesia show evidence of the impact of cash flows and financial constraints on it’s investment level.Using Multiple Regression and Logistic Regression model, on five years data observation shows that cash flow and cash holding have a positive effect on investment level. Interaction test shows the effect of cash flow on investment in financially constrained different from financially unconstrained companies. In other words, the average rate of investment changes caused by the level of cash flow is the same for both companies. While the effect of cash holding on investment, no different in the company that financially constraint and financially unconstraint company.The contribution of this research is to provide insight to the parties related to the importance of cash flow and cash holding to the investment of a company. Based on the results it can be concluded that companies that have cash flow and high cash holding have greater investment opportunities, especially in companies that have problems in finding sources of funding. ABSTRAKPenelitian ini bertujuan untuk mendeteksi pengaruh Arus Kas, Cash Holding dan Kendala Finansial terhadap keputusan investasi perusahaan di Indonesia. Beberapa penelitian sebelumnya di luar Indonesia menunjukkan bukti ada pengaruh Arus Kas dan Kendala Keuangan pada tingkat investasi.Dengan menggunakan model Regresi Berganda dan Regresi Logistik, pada pengamatan data selama lima tahun menunjukkan bahwa Arus Kas dan Cash Holding berpengaruh positif terhadap tingkat investasi. Uji interaksi menunjukkan pengaruh Arus Kas terhadap investasi pada perusahaan yang mengalami kendala pendanaan berbeda dengan perusahaan yang tidak mengalami kendala pendanaan. Dengan kata lain, tingkat rata-rata perubahan investasi yang disebabkan oleh tingkat arus kas adalah sama untuk kedua perusahaan. Sedangkan pengaruh Cash Holding terhadap investasi, tidak berbeda pada perusahaan yang mengalami kendala pendanaan maupun tidak.Kontribusi dari penelitian ini adalah untuk memberikan wawasan kepada pihak-pihak yang terkait dengan pentingnya arus kas dan Cash Holding untuk investasi perusahaan. Berdasarkan hasil tersebut dapat disimpulkan bahwa perusahaan yang memiliki Arus Kas dan Cash Holding yang tinggi memiliki peluang investasi yang lebih besar, terutama pada perusahaan yang memiliki masalah dalam mencari sumber pendanaan.

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FACTORS AFFECTING OPERATING CASH FLOW TO STOCK RETURN THROUGH STOCK PRICE

JMBI UNSRAT (Jurnal Ilmiah Manajemen Bisnis dan Inovasi Universitas Sam Ratulangi). ◽

10.35794/jmbi.v5i2.20807 ◽

2018 ◽

Vol 5 (2) ◽

Author(s):

Aprih . Santoso

Keyword(s):

Stock Returns ◽

Cash Flow ◽

Stock Prices ◽

Stock Price ◽

Stock Return ◽

Stock Exchange ◽

Sampling Technique ◽

Financial Statements ◽

Manufacturing Companies ◽

Operating Cash Flow

Abstract : Companies need funds in order to carry out operations such as the financing of production activities, pay employees, pay other expenses related to the operation of the company. One way to obtain these funds is to attract investors to invest in companies in the form of stock, but in making this investment is certainly not easy for investors, because investors need consideration beforehand to find out how the company's performance. The purpose of this study was to examine and analyze the effect of operating cash flow to stock return through stock price at companies listed on the Stock Exchange Year 2012-2015. The data used in this study dala are secondary data from the financial statements of companies listed on the Indonesia Stock Exchange period 2012 - 2015. The data are in the form of financial statements can be obtained from the Indonesian Capital Market Directory (ICMD), the IDX website www.idx.co. id as well as from various other sources to support this research. The population in this research is manufacturing companies listed on the Stock Exchange the period 2012 - 2015. The samples taken by the sampling technique used purposive sampling.From the test results and analysis of the data it can be concluded that operating cash flow directly and indirectly has no effect on stock returns through stock prices showed no significant results. Keywords : Operating Cash Flow, Stock Price, Stocks Return

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PENERAPAN PSAK NO. 2 TENTANG LAPORAN ARUS KAS DALAM PENGAMBILAN KEPUTUSAN PADA PERUM BULOG DIRVE SULUT DAN GORONTALO

GOING CONCERN : JURNAL RISET AKUNTANSI ◽

10.32400/gc.10.2.8364.2015 ◽

2015 ◽

Vol 13 (03) ◽

Author(s):

Fanesa Isalia Minanda Syaefudin ◽

Jenny Morasa ◽

Stanly Alexander

Keyword(s):

Decision Making ◽

Cash Flow ◽

Balance Sheet ◽

Financial Statements ◽

Operating Cash Flow ◽

Cash Flow Statement ◽

Quantitative Descriptive ◽

One Year ◽

Finance Department ◽

Real State

In the company’s Financial Statements is a means of consideration in decision making so that, componentsin the financial statements must betrue and correct. In thedecision making companies should use the cash Flow Statement because sometimes the income and balance sheet does not show the real state of corporate finance. The purposeof this study to determine the application of the Cash Flow Statement in accordance with SFAS No. 2 in corporate decision. This type of research is quantitative descriptive. The results showed, net cash provided by the company during the year has decreased compared to the previous year. This study uses the ratio analysisin corporate decision making. The Ratio of Operating Cash Flow to Total Liabilities can be used as basis for decision making in the company repay its total Liability for one year of operation. The Ratio of Cash Flow to Current Liabilities can be used as the basis of the decision making companies when measuring the company’s ability to pay Current Liabilities by Net Operating Cash Flow. The Ratio of Cash Flow to Sales companies measure the company’s ability to measure the company’s ability to obtain cash from to sale. Leaders should Perum Bulog particularly the finance department needs to implement the Cash Flow Statement as the basis of its analysis so that can know the financial situation and can be used as a basis for decision making of the company.

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A Probability Model For Earnings Restatement

Journal of Business & Economics Research (JBER) ◽

10.19030/jber.v10i11.7358 ◽

2012 ◽

Vol 10 (11) ◽

pp. 593

Author(s):

Abdoulaye Dabo ◽

Judith A. Laux

Keyword(s):

Cash Flow ◽

Probability Model ◽

Net Income ◽

Turnover Rates ◽

Font Size ◽

Return On Assets ◽

Earnings Restatements ◽

Accounts Receivable ◽

Earnings Restatement ◽

Operating Cash Flow

Given their prevalence in recent years, earnings management and financial restatements have been at the center of much of the discussion surrounding corporate malfeasance. This study builds a probability model for predicting the likelihood of earnings restatements by analyzing the trends in and the deviations from the industry averages of the return on assets, accounts receivable turnover, net profit margin, and operating cash flow to net income measures. Data are obtained for a sample of 104 firms (restating as well as non-restating) for the 2000 to 2001 period. The results suggest that deviations from the industry average of the accounts receivable turnover and the variability in the cash flow to net income provide good barometers for detecting fraudulent accounting. Potential restating firms have higher accounts receivable turnover rates than their industry counterparts and downward trends in their cash flow to net income, so an increase (decrease) in the accounts receivable turnover (operating cash flow to net income) significantly increases the likelihood of a restatement, at least in the current study.

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The impact of net value added on predicting the earnings and operating cash flow: An empirical study based on Tehran Stock Exchange

Management Science Letters ◽

10.5267/j.msl.2013.11.005 ◽

2013 ◽

pp. 2923-2932 ◽

Cited By ~ 1

Author(s):

Omid Imani Khoshkhoo ◽

Seyed Reza Seyed Nezhad Fahim ◽

Masoud Mokhtari

Keyword(s):

Empirical Study ◽

Cash Flow ◽

Stock Exchange ◽

Value Added ◽

Operating Cash Flow ◽

The Impact ◽

Net Value Added

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Ownership Structure and Cash Flows As Determinants of Corporate Dividend Policy in Pakistan

International Business Research ◽

10.5539/ibr.v3n3p210 ◽

2010 ◽

Vol 3 (3) ◽

pp. 210 ◽

Cited By ~ 15

Author(s):

Talat Afza ◽

Hammad Hassan Mirza

Keyword(s):

Cash Flow ◽

Dividend Policy ◽

Stock Exchange ◽

Cash Flows ◽

Least Square ◽

Flow Sensitivity ◽

Cash Flow Sensitivity ◽

Operating Cash Flow ◽

The Impact ◽

Individual Ownership

Dividend Policy is among the widely addressed topics in modern financial literature. The inconclusiveness of the theories on importance of dividend in determining firm’s value has made it one of the most debatable topics for the researchers (see for example, Ramcharan, 2001; Frankfurter et. al 2002; Al-Malkawi, 2007). The present study investigates the impact of firm specific characteristics on corporate dividend behavior in emerging economy of Pakistan. Three years data (2005-2007) of 100 companies listed at Karachi Stock Exchange (KSE) has been analyzed using Ordinary Least Square (OLS) regression. The results show that managerial and individual ownership, cash flow sensitivity, size and leverage are negatively whereas, operating cash-flow and profitability are positively related to cash dividend. Managerial ownership, individual ownership, operating cash flow and size are the most significant determinants of dividend behavior whereas, leverage and cash flow sensitivity do not contribute significantly in determining the level of corporate dividend payment in the firms studied in our sample. Estimated results are robust to alternative proxy of dividend behavior i.e. dividend intensity.

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Qualitative Financial Statement Disclosures: Legal and Ethical Considerations

Business Ethics Quarterly ◽

10.5840/beq200414328 ◽

2004 ◽

Vol 14 (3) ◽

pp. 433-451 ◽

Cited By ~ 6

Author(s):

William E. Shafer

Keyword(s):

Empirical Test ◽

Financial Statements ◽

Financial Statement ◽

Corporate Management ◽

Ethical Considerations ◽

Corporate Executives ◽

Illegal Acts ◽

The Impact ◽

A Company

Abstract:There is a long-running debate among legal scholars regarding the propriety and enforceability of SEC attempts to mandate disclosures of antisocial or illegal corporate activities that do not materially impact a company’s financial statements. This debate was recently revived by the issuance of SEC Staff Accounting Bulletin 99, Materiality in Financial Statements (SEC 1999), which suggests that quantitatively immaterial information relating to unlawful transactions or regulatory non-compliance should be considered for disclosure. This issue has important implications for the accounting profession, although it has generally been ignored in the accounting literature. This paper reviews legal and ethical considerations raised by the issue of qualitative disclosures, and also presents the results of a preliminary empirical test of the impact of such disclosures on financial statement users’ judgments. The results of this study indicate that investors consider the nondisclosure of immaterial illegal acts to be unethical, and reject suggestions that such information lacks moral intensity. The results also suggest that immaterial illegal acts have a significant effect on investors’ perceptions of the quality of corporate management and the likelihood of investment in a company. This effect was more pronounced when the illegal act was combined with self-dealing on the part of corporate executives.

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