scholarly journals ANALISIS PERAN MODAL KERJA DALAM MENINGKATKAN PROFITABILITAS PADA KOPERASI PEDAGANG PASAR

2019 ◽  
Vol 4 (2) ◽  
pp. 561
Author(s):  
Yulitiawati Wati
Keyword(s):  
Secondary Data ◽  
Financial Statements ◽  
Ratio Analysis ◽  
Working Capital ◽  
Working Capital Management ◽  
Return On Equity ◽  
The Past ◽  
Quantitative Data Analysis ◽  
Descriptive Approach

This study aims to determine how the role of working capital in increasing profitability in the Muaradua Gunung Putih Market Traders Cooperative in South OKU Regency. The data used are secondary data, financial statements for 2013-2017. This research uses quantitative data analysis using descriptive approach. The analysis used is the analysis of the profitability ratio of Return on Equity and Return On Investment. Based on the discussion of ratio analysis, the level of profitability of the Muaradua Gunung Putih Market Traders Cooperative in the South Oku Regency over the past five years has fluctuated. Overall the level of working capital in increasing profitability at Muaradua Gunung Putih Market traders cooperatives does not significantly influence the level of profitability, this is evident from the level of working capital that increases every year but the level of profitability (ROE and ROI) obtained by the Gunung Putih Muaradua Market Cooperative from in 2013 - 2017 has increased and decreased. From 2013 - 2015 it is said to be quite good because profitability has increased, but in 2016-2017 it has declined. This is due to ineffective working capital management so the profit / profitability obtained is less than optimal.

A Study on Working capital Management in Hindustan Petroleum Corporation Limited

2021 ◽  
pp. 164-168
Author(s):  
Sruthi B ◽  
Rashmi R
Keyword(s):  
Annual Report ◽  
Pearson Correlation ◽  
Secondary Data ◽  
Effective Management ◽  
Capital Management ◽  
Working Capital ◽  
Short Term ◽  
Working Capital Management ◽  
The Past ◽  
The Relationship

Working capital management is important for every organization as it refers to the effective management of current assets and current liabilities. The aim is to make sure that the firm is capable to continue its operations and it has sufficient cash flow to satisfy both maturing short-term debt and upcoming operational expenses. In this paper, an attempt has been made to study the management of working capital in Hindustan Petroleum Corporation Limited, a leading public sector enterprise in India over a period of 10 years (That is from 2009-10 to 2018-19). The paper also attempts to study the components of working capital and analyze the relationship between liquidity and profitability of HPCL. The study is based on secondary data collected from annual report of HPCL for the past 10 years, Pearson correlation and regression model are used for this purpose. From the study it is found that there is a significant relationship between liquidity and profitability.

scholarly journals ANALISIS OPTIMALISASI MODAL KERJA PT UNILEVER INDONESIA TBK

2021 ◽  
Vol 11 (1) ◽  
pp. 048
Author(s):  
Fera Maulina
Keyword(s):  
Raw Materials ◽  
Secondary Data ◽  
Financial Statements ◽  
Capital Requirements ◽  
Capital Management ◽  
Working Capital ◽  
Short Term ◽  
Working Capital Management ◽  
Operational Process ◽  
The Real

ABSTRACT This study aims to determine working capital requirements and optimization of working capital at PT Unilever Indonesia Tbk. The form of research used is descriptive and uses secondary data obtained from PT Unilever Indonesia Tbk's 2015-2019 financial statements and other sources obtained from literature studies by studying books and journals that are related to the problem under study. The results showed that (1) PT Unilever Indonesia Tbk's need for working capital in 2016-2019 tends to increase. When compared with the available working capital (current assets), PT Unilever Indonesia is experiencing a lack of working capital to finance the company's operations. This lack of working capital will certainly cause PT Unilever Indonesia Tbk to experience liquidity problems, which is the inability to pay short-term obligations on time. Companies will seek credit as a source of funds in order to increase the fulfillment of current assets wealth needs in order to buy raw materials and even pay for employee salaries and other expenses. (2) PT Unilever Indonesia Tbk's optimal working capital in 2015-2018 tends to increase. The real working capital that is in the company is not optimal where the real working capital is not the same as the optimal working capital obtained. Real working capital less than optimal working capital will hamper or disrupt the smooth production or operational process because the company lacks funds. Even though the existing real working capital is not optimal, the amount obtained is not much lower than the optimal working capital.  Keywords: working capital management, workong capital requirements, optimization of working capital. ABSTRAK Penelitian ini bertujuan untuk mengetahui kebutuhan modal kerja dan optimalisasi modal kerja pada PT Unilever Indonesia Tbk. Bentuk penelitian yang digunakan adalah deskriptif dan menggunakan data sekunder yang diperoleh dari laporan keuangan PT Unilever Indonesia Tbk tahun 2015-2019 dan sumber lain yang diperoleh dari studi pustaka dengan mempelajari buku dan jurnal yang berkaitan dengan masalah yang diteliti. Hasil penelitian menunjukkan bahwa (1) Kebutuhan modal kerja PT Unilever Indonesia Tbk tahun 2016-2019 cenderung meningkat. Jika dibandingkan dengan modal kerja yang tersedia (aset lancar), PT Unilever Indonesia mengalami kekurangan modal kerja untuk membiayai operasional perusahaan. Kekurangan modal kerja ini tentunya akan menyebabkan PT Unilever Indonesia Tbk mengalami kesulitan likuiditas, yaitu ketidakmampuan membayar kewajiban jangka pendek tepat waktu. Perusahaan akan mencari kredit sebagai sumber dana guna meningkatkan pemenuhan kebutuhan kekayaan aset lancar guna membeli bahan baku bahkan membayar gaji karyawan dan biaya lainnya. (2) Modal kerja optimal PT Unilever Indonesia Tbk pada 2015-2018 cenderung meningkat. Modal kerja riil yang ada di perusahaan belum optimal dimana modal kerja riil tidak sama dengan modal kerja optimal yang diperoleh. Modal kerja riil yang kurang dari modal kerja optimal akan menghambat atau mengganggu kelancaran proses produksi atau operasional karena perusahaan kekurangan dana. Meskipun modal kerja riil yang ada belum optimal, namun jumlah yang diperoleh tidak jauh lebih rendah dari modal kerja optimal. Kata kunci: pengelolaan modal kerja, kebutuhan modal kerja, optimalisasi modal kerja

scholarly journals Pengaruh Perputaran Modal Kerja, Likuiditas dan Pertumbuhan Penjualan terhadap Profitabilitas

2019 ◽  
Vol 6 (2) ◽  
Author(s):  
Virgadinda Anindita ◽  
Elmanizar Elmanizar
Keyword(s):  
Stock Exchange ◽  
Secondary Data ◽  
Sampling Technique ◽  
Financial Statements ◽  
Ratio Analysis ◽  
Sales Growth ◽  
Manufacturing Companies ◽  
Analysis Method ◽  
Working Capital ◽  
Food And Beverage

This study aims to determine the effect of working capital turnover, liquidity and sales growth on profitability in food and beverage sub-sector manufacturing companies listed on the Indonesia Stock Exchange in 2014-2017. This study utilizes secondary data of the financial statements of food and beverage subsector companies on the Indonesia Stock Exchange in 2014-2017 collected from the official website of the Indonesia Stock Exchange. The sampling technique used purposive sampling. The samples in this study were 11 companies on the Indonesia Stock Exchange. The analysis method used ratio analysis and multiple linear regression with a significant level of 5%. The results showed that the working capital turnover, liquidity and sales growth affected significantly on profitability.

scholarly journals Analisis Common Size dan Rasio Keuangan Perusahaan Sektor Industri Barang Konsumsi di BEI

2020 ◽  
Vol 2 (2) ◽  
pp. 32-46
Author(s):  
Trisa Inna Fitriyani ◽  
Zulkarnain Zulkarnain
Keyword(s):  
Research Method ◽  
Stock Exchange ◽  
Secondary Data ◽  
Financial Statements ◽  
Size Analysis ◽  
Ratio Analysis ◽  
Return On Equity ◽  
Financial Ratio ◽  
Financial Ratio Analysis ◽  
Library Research

This analysis is carried out aiming to see the performance of the consumer goods industry/ CGI sector listed on the Indonesia Stock Exchange (IDX) using common size analysis and financial ratio analysis. The research method used in this research is descriptive research method. The data used is secondary data, in the form of CGI sector financial statements for the period 2017-2018, which are published on the IDX website. The data used is the financial statements of 53 companies. The source of the theory is obtained through library research and similar research obtained from research journals. Financial ratio analysis used is the current ratio, quick ratio, debt to assets, debt to equity, total asset turnover, fixed asset ratio, gross profit margin, return on assets, and return on equity. The analysis shows an increase and a decrease, and a stable number for the results.

scholarly journals ANALISIS PENGARUH MANAJEMEN MODAL KERJA, PERTUMBUHAN PENJUALAN DAN KEBIJAKAN HUTANG TERHADAP PROFITABILITAS PERUSAHAAN

2020 ◽  
Vol 4 (2) ◽  
pp. 299-309
Author(s):  
Afriyanti Hasanah
Keyword(s):  
Sampling Method ◽  
Stock Exchange ◽  
Secondary Data ◽  
Financial Statements ◽  
Sales Growth ◽  
Capital Management ◽  
Working Capital ◽  
Working Capital Management ◽  
Testing Method ◽  
Total Observation

This study aims to examine the effect of working capital management, sales growth and leverage on profitability. This study uses secondary data with data collection techniques using the annual financial statements of property and real estate companies listed on the Indonesia Stock Exchange (IDX) for the period 2013-2017. Through the purposive sampling method, 20 companies have met the criteria of a total population of 61 companies, so that the total observation for 5 years is 100 samples. The testing method in this study uses multiple regression analysis with panel data. The results of this study indicate that working capital management does not have an effect on profitability, sales growth variable has an influence on profitability, and leverage variables show no influence on profitability.  

scholarly journals IMPLIKASI EFISIENSI MODAL KERJA TERHADAP PROFITABILITAS

2019 ◽  
Vol 3 (1) ◽  
pp. 82
Author(s):  
Andi Riyanto ◽  
Galih Raspati ◽  
Yuri Rahayu ◽  
Dicki Prayudi
Keyword(s):  
Statistical Tests ◽  
Secondary Data ◽  
Financial Statements ◽  
Capital Management ◽  
Working Capital ◽  
Working Capital Management ◽  
Capital Efficiency

Profitabilitas dalam pengelolaan modal kerja perusahaan merupakan hal yang sangat penting, karena bagaimanapun tujuan setiap kegiatan perusahaan adalah untuk memperoleh laba, dan salah satu cara untuk memperoleh kenaikan laba yang signifikan adalah dengan meningkatkan efisiensi penggunaan dana perusahaan melalui pengelolaan modal kerja. Akan tetapi laba yang tinggi belumlah merupakan ukuran bahwa perusahaan itu telah dapat bekerja dengan efisien. Tujuan penelitian untuk mengetahui  implikasi efisiensi modal kerja terhadap tingkat profitabilitas pada PT. Agronesia Saripetojo Sukabumi dengan cara mengolah data sekunder berupa Laporan Keuangan perusahaan periode 2013 – 2017. Metode yang digunakan dalam penelitian ini adalah expose facto, uji statistik digunakan dengan melakukan pembuktian terhadap hipotesis. Hasil penelitian membuktikan efisiensi modal kerja berimplikasi signifikan terhadap profitabilitas. Profitability in managing company working capital is very important, because after all the purpose of each company's activities is to make a profit, and one way to obtain a significant increase in profits is to increase the efficiency of using company funds through working capital management. However, high profits are not yet a measure that the company has been able to work efficiently. The purpose of this study was to determine the implications of working capital efficiency on the level of profitability at PT. Agronesia Saripetojo Sukabumi by processing secondary data in the form of corporate financial statements for the period 2013-2017. The method used in this study is expose facto, statistical tests are used by proving hypotheses. The results of the study prove the efficiency of working capital has significant implications for profitability.

scholarly journals Measuring Automotive Company's Capabilities in Indonesia in Producing Profits Regarding Working Capital

2018 ◽  
Vol 4 (1) ◽  
pp. 67 ◽  
Author(s):  
Yuniningsih Yuniningsih ◽  
Veronika Nugraheni Sri Lestari ◽  
Nurmawati Nurmawati ◽  
Barid Nizarudin Wajdi
Keyword(s):  
Stock Exchange ◽  
Secondary Data ◽  
Financial Statements ◽  
Working Capital ◽  
Return On Equity ◽  
Cash Conversion Cycle ◽  
Inventory Turnover ◽  
Independent Variable ◽  
Positive Effect ◽  
Observation Period

<p>The present research aims to determine company's ability to generate profit for capital or shareholders represented by proxy profitability and measured by return on equity (ROE) by taking into account working capital. The method of analysis used is multiple linear regressions with profitability as dependent variable and working capital as an independent variable in terms of cash cycle conversion variables, inventory turnover, and liquidity. The data used are secondary data from financial statements of automotive companies listed in Indonesia Stock Exchange (IDX) with the observation period of 2012-2016. The finding indicates that cash conversion cycle variable has a significant effect on profitability with negative direction yet does not support the hypothesis. Turnaround voucher variables support hypotheses which have a positive effect on profitability.  Liquidity variable has no significant effect on profitability. Limitation of this research is that working capital variable only based on 3 variables.  Implications created by the present study are that independent variables in this study have only contributed in explaining the dependent variable by 27.9%. Therefore, future study needs to be expanded with other variables of working capital or other variables. In addition, unit of analysis can be extended to companies other than automotive.</p>

Relationship Between Management of Working Asset and Firm Prof-itableness: (Case of Digi Telecom Berhad Malaysia)

2021 ◽  
Vol 4 (3) ◽  
pp. 1-14
Author(s):  
Mohamed Ali Abdinur ◽  
Turan ÖNDEŞ
Keyword(s):  
Asset Management ◽  
Negative Relationship ◽  
Secondary Data ◽  
Ratio Analysis ◽  
Working Capital ◽  
Financial Reports ◽  
The Past ◽  
Turnover Ratio ◽  
Inventory Turnover ◽  
Collection Period

The purpose of this study is to understand the association of proper management of working capital and profitableness of Digi telecom Berhad Malaysia during the period of 2015 until 2019. The methodology used is quantitative method statistics. In this paper, secondary data were used in a form of ratio analysis which is obtained from the financial reports of the past five years of Digi telecom. To investigate the strength and weakness of the correlation among working asset management and profitableness of the company correlation analysis, regression analysis and descriptive statistics were used. The findings indicate there is a solid negative correlation among return on asset to current ratio, quick ratio and day’s payable outstanding whereas there is moderate and weak negative relationship between return on asset to debtors turnover ratio and inventory turnover ratio respectively. It is important for managers of Digi telecom to create and improve the shareholders wealth and value by improving the company’s working capital ratio and reduce the days collection period and days payable outstanding.

scholarly journals Peranan Intellectual Capital Pada Intermediary Function Terhadap Return On Equity Perusahaan Perbankan

2019 ◽  
Vol 11 (1) ◽  
pp. 59-72
Author(s):  
Anita Permatasari
Keyword(s):  
Intellectual Capital ◽  
Sampling Method ◽  
Stock Exchange ◽  
Secondary Data ◽  
Capital Adequacy ◽  
Test Results ◽  
Return On Equity ◽  
Operating Income ◽  
Capital Adequacy Ratio

This study aims to examine the role of Intellectual Capital in banking companies listed on the Indonesia Stock Exchange. The research data used are secondary data in the form of financial data and financial ratios of banks listed on the  Indonesia Stock Exchange from 2010 to 2016 using the purposive sampling method. Based on sampling criteria, 23 banks were selected and divided into two categories: banks with low Intellectual Capital and banks with high Intellectual Capital. The results showed that there were three findings, namely the first test results on banks with low Intellectual Capital and high Intellectual Capital showed that Non Performing Loans (NPL), Operational Costs Per Operating Income (BOPO), Loan to Deposit Ratio (LDR), and Capital Adequacy Ratio (CAR) does not affect Return on Equity (ROE). Second, the results of testing on banks with low Intellectual Capital and high Intellectual Capital indicate that Non Performing Loans (NPL), Loan to Deposit Ratio (LDR), and Capital Adequacy Ratio (CAR) have no effect on Return on Equity (ROE). Third, the results of testing on banks with high Intellectual Capital indicate that Operational Cost Per Operational Income (BOPO) has an effect on Return on Equity (ROE).

scholarly journals IMPACT OF DIVIDEND PAYOUT ON FIRM’S PERFORMANCE UNDER LOW GROWTH OPPORTUNITIES

2021 ◽  
Vol 9 (3) ◽  
pp. 1156-1165
Author(s):  
Taymoor Ali ◽  
Muhammad Kashif Khurshid ◽  
Adnan Ali Chaudhary
Keyword(s):  
Stock Exchange ◽  
Manufacturing Sector ◽  
Secondary Data ◽  
Financial Statements ◽  
Manufacturing Firms ◽  
Growth Opportunities ◽  
Dividend Payout ◽  
Relationship Of ◽  
The Relationship

Purpose of the study: The objective of the study was to investigate the relationship of the dividend payout on a firm's performance under low growth opportunities from the manufacturing sector of Pakistan. Methodology: A sample of 251 firms out of 378 manufacturing firms listed at the Pakistan Stock Exchange (PSX), have been carefully chosen for the era of ten years from 2006 to 2015. The secondary data was obtained from the firm’s web financials and analysis of financial statements, published by the statistics department of the State Bank of Pakistan. For the persistence of investigation panel data (fixed effect) analyses were employed in this study. Main Findings: The fallouts of the analysis revealed that the dividend payout ratio has an insignificant relationship with the firm's performance in the low growth perspectives of the study. Applications of this study: The findings of the study are helpful for the financial managers of the firms facing low growth opportunities. Furthermore, the investors in capital markets can use the findings of this while investing. The originality of this study: The study focussed on the role of low growth opportunities while studying the nexus of dividend pay-out and the firm’s financial performance which inherits the novelty and originality of the study.

Sign in / Sign up

Export Citation Format

Share Document