scholarly journals ANALISA PROFITABILITAS RUMAH SAKIT YANG TERDAFTAR DI PASAR MODAL THAILAND DAN INDONESIA PADA TAHUN 2015-2019

SIMAK ◽  
2021 ◽  
Vol 19 (02) ◽  
pp. 355-373
Author(s):  
Carissa Faustina ◽  
Gracia S. Ugut
Keyword(s):  
Capital Markets ◽  
Operating Cost ◽  
Regression Modeling ◽  
Cost Ratio ◽  
Panel Regression ◽  
Working Capital ◽  
Operating Expense ◽  
Expense Ratio ◽  
Ratio Size

The purpose of this study was conducted to determine the effect of COGS ratio, operating cost ratio, size, net working capital and leverage on profitability of healthcare in Indonesia and Thai. Sample used were 6 and 24 hospitals listed on Indonesian’s and Thai’s capital markets for period 2015 – 2019. Based on results with panel regression modeling, COGS ratio, leverage, size and Net Working Capital have a significant effect on Indonesian's ROA; size, leverage and Net Working Capital have a significant effect on Indonesian's ROE; Operating Expense Ratio and Size have a significant effect on Thai's ROA; and Net Working Capital, Size, and leverage have a significant effect on Thai's ROE. The R2 values obtained for ROA and ROE models in Indonesia were 91.08% and 97.99%, while Thai has 87.77% and 87.35%.

scholarly journals Economic Assessment for Harvesting Artisanal Giant Freshwater Prawn from the Sundarban Mangrove Ecosystem in Bangladesh

2019 ◽  
Author(s):  
Biplab Kumar Shaha ◽  
Md. Mahmudul Alam ◽  
H. M. Rakibul Islam
Keyword(s):  
Operating Cost ◽  
Economic Assessment ◽  
Mangrove Ecosystem ◽  
Catch Rate ◽  
Freshwater Prawn ◽  
Current Status ◽  
Small Scale ◽  
Fixed Cost ◽  
Cost Ratio ◽  
Giant Freshwater Prawn

Harvesting Giant Freshwater Prawn, Golda (Macrobrachium rosenbergii de Man 1879) in the Sundarnbans mangrove forest plays an important role in the economy of the country as well as the livelihood of local community. The study focused the economic assessment of small-scale artisanal Golda fishery. Overall the Hookline gear showed the best performance in terms of economic return. However, it was found to withstand a shock from 20% decrease in market prices or 30% fall in catch rate in terms of Return on investment, payback period and Benefit-cost ratio. Operating cost and fixed cost for Hookline fishery was the lowest and Khathijal was the highest. No significant variation (P<0.05) observed in the mean catch rate per trip boat-1 among the gears studied. Total revenue earned after completion a trip varied considerably between BDT 1,307 to 1,562. Yearly, total net revenue reached at the maximum by Hookline (BDT 38,506), followed by Chandijal (BDT 38,377) and the minimum by Khalpata (BDT 33,885). The findings of this study are supposed to be helpful for policy makers in improving the current status of Golda fishery and relevant human livelihood as well as conserving the Sundarbans Mangrove Ecosystem.

scholarly journals WORKING CAPITAL TURNOVER, OPERATIONAL COST RATIO, AND INVENTORY TURNOVER ON COMPANY PERFORMANCE

2020 ◽  
Vol 4 (1) ◽  
pp. 42-49
Author(s):  
Ajeng Eka Pratama ◽  
Muhaimin Dimyati ◽  
Yanna Eka Pratiwi
Keyword(s):  
Linear Regression ◽  
Multiple Linear Regression ◽  
Financial Statements ◽  
Operating Costs ◽  
Coefficient Of Determination ◽  
Cost Ratio ◽  
Company Performance ◽  
Operational Cost ◽  
Working Capital ◽  
Inventory Turnover

This study aims to determine the effect of working capital turnover, operational cost ratio, inventory turnover on the performance of UD. Firmansyah. The data used are the financial statements for the period 2015-2018. The data obtained were analyzed using multiple linear regression. The number of samples used was 48 samples. Partially the results show that working capital turnover and inventory turnover do not have a significant effect on company performance, while the ratio of operating costs has a significant effect on company performance. Meanwhile, simultaneously the research shows that working capital turnover, operational cost ratio, and inventory turnover have a significant effect on company performance. The coefficient of determination in this study is 0.165, which means that 16.5% of the company's performance can be explained by working capital turnover, operational cost ratio, and inventory turnover variables. At the same time, the remaining 83.5% is explained by other factors not included in this study.

scholarly journals Probability Factors Affecting Income Smoothing in Banks in 2010−2016

2018 ◽  
Vol 9 (3) ◽  
pp. 219-225
Author(s):  
Kartika Dewi
Keyword(s):  
Stock Exchange ◽  
Income Smoothing ◽  
Operating Expense ◽  
Return On Assets ◽  
Return On Equity ◽  
Factors Affecting ◽  
Economic Decision ◽  
Expense Ratio ◽  
Probability Ratio ◽  
Net Interest Margin

The purpose of this research was to examine profitability factors in banking that affected income smoothing. Profit is the most important number for readers in making the economic decision. This research used probability factors that affected income smoothing in the bank. Probability ratio testing used Return on Assets (ROA), Return on Equity (ROE), Net Interest Margin (NIM), and Operating Expense Ratio (OER). The population was all banks listed in Indonesian Stock Exchange in 2010-2016. The sample was 203 data obtained through purposive judgment sampling. Using Logistic Binary Regression from SPSS version 20, Eckel Index was used to determine which companies smooth its income. The result shows that ROA, NIM, and OER are significant to income smoothing. However, ROE does not affect income smoothing significantly.

scholarly journals ANALISIS KELAYAKAN FINANSIAL USAHA TANAMAN HIAS DI KOTA SAMARINDA (Analysis of Financial Feasibility of Ornamental Plants Business in Samarinda City)

2019 ◽  
Vol 2 (1) ◽  
pp. 25
Author(s):  
ERICK ABDUL MUTAKABBIR ◽  
NELLA NAOMI DUAKAJU
Keyword(s):  
Sampling Method ◽  
Net Present Value ◽  
Operating Cost ◽  
Ornamental Plants ◽  
Cost Ratio ◽  
Net Benefit ◽  
Benefit Cost Ratio ◽  
Financial Feasibility ◽  
Investment Cost ◽  
Benefit Cost

Ornamental plants are commonly planted by people as decoration. This study aimed to determine income and financial feasibility of ornamental plants business in Samarinda City. This study was done in three months since November 2017 until Januari 2018 in Samarinda City. The sampling method used purposive sampling method with the number of samples as many as 29 respondents.  The data were collected through interviews with respondents. The assesment of business feasibility  was done by using some investment criterias such as Net Present Value (NPV), Internal Rate of Return (IRR), dan Net Benefit Cost Ratio (Net B/C Ratio). The results of this study showed that ornamental plants business in Samarinda City owns the average of investment cost of IDR90,982,931.00 year-1, the average of operating cost of IDR37,307,586.00 year-1, the average of revenue of IDR118,506,206.00 year-1, and the average of income of IDR81,198,620.00 year-1. The assesment results of investment in ornamental plants business in Samarinda City are NPV of IDR75,074,609.00 at discount rate of factor of 12%, IRR of 65%, while Net B/C Ratio of 1,82. This is showed that ornamental plants business in Samarinda City is financially feasible to be done.

scholarly journals ANALISIS KELAYAKAN FINANSIAL USAHA TANAMAN HIAS DI KOTA SAMARINDA (Analysis of Financial Feasibility of Ornamental Plants Business in Samarinda City)

2019 ◽  
Vol 2 (1) ◽  
pp. 25
Author(s):  
ERICK ABDUL MUTAKABBIR ◽  
NELLA NAOMI DUAKAJU
Keyword(s):  
Sampling Method ◽  
Net Present Value ◽  
Operating Cost ◽  
Ornamental Plants ◽  
Cost Ratio ◽  
Net Benefit ◽  
Benefit Cost Ratio ◽  
Financial Feasibility ◽  
Investment Cost ◽  
Benefit Cost

Ornamental plants are commonly planted by people as decoration. This study aimed to determine income and financial feasibility of ornamental plants business in Samarinda City. This study was done in three months since November 2017 until Januari 2018 in Samarinda City. The sampling method used purposive sampling method with the number of samples as many as 29 respondents.  The data were collected through interviews with respondents. The assesment of business feasibility  was done by using some investment criterias such as Net Present Value (NPV), Internal Rate of Return (IRR), dan Net Benefit Cost Ratio (Net B/C Ratio). The results of this study showed that ornamental plants business in Samarinda City owns the average of investment cost of IDR90,982,931.00 year-1, the average of operating cost of IDR37,307,586.00 year-1, the average of revenue of IDR118,506,206.00 year-1, and the average of income of IDR81,198,620.00 year-1. The assesment results of investment in ornamental plants business in Samarinda City are NPV of IDR75,074,609.00 at discount rate of factor of 12%, IRR of 65%, while Net B/C Ratio of 1,82. This is showed that ornamental plants business in Samarinda City is financially feasible to be done.

scholarly journals Pengaruh Debt Financing dan Equity Financing Terhadap Profit Expense Ratio Perbankan Umum Syariah Periode 2011-2015

2017 ◽  
Vol 4 (6) ◽  
pp. 505
Author(s):  
Amanda Maulidiyah Firdaus ◽  
Ari Prasetyo
Keyword(s):  
Regression Analysis ◽  
Research Method ◽  
Debt Financing ◽  
Quantitative Approach ◽  
Islamic Banking ◽  
Panel Regression ◽  
Islamic Banks ◽  
Equity Financing ◽  
Purposive Sampling ◽  
Expense Ratio

The purpose of this research is to find out the influence of debt financing and equity financing to profit expense ratio. This research is to describe the efficiency of financing in Islamic bank. The research method of this research is the quantitative approach. Character sample used is a quarterly report on three Islamic banks, Bank Muamalat Indonesia, Bank Syariah Mandiri, and BRI Syariah, period of January 2011-December 2015, so the totaling 60 samples. Sampling using purposive sampling. The analysis used the Panel regression analysis. The results showed that the partial debt financing significantly influence the profit expense ratio, and equity financing is also significantly influence the profit expense ratio. Simultaneously, debt financing and equity financing significantly influence of Islamic banking profit expense ratio.

The Effect of Working Capital Management on Firm's Profitability

2016 ◽  
pp. 244-261
Author(s):  
Seda Erdogan
Keyword(s):  
Regression Analysis ◽  
Direct Effect ◽  
Optimal Strategy ◽  
Listed Companies ◽  
Panel Regression ◽  
Capital Management ◽  
Working Capital ◽  
Working Capital Management ◽  
Trade Off ◽  
Cash Conversion Cycle

Working capital management is an extremely essential issue for the healthy conduct of the sustainability of a business. The active and day-to-day nature of the short term business emporium, the ongoing necessity to substitute current assets and in the meantime to liquidate current liabilities clearly demonstrates the significance of working capital management and therefore the essential duty the financial executives carry. While an optimal strategy of working capital management is expected to positively contribute not only to the profitability of a firm but also its value; there is a trade-off between the liquidity level the firm is carrying and its profitability. The direct effect of working capital management on profitability and liquidity of firms clearly demonstrates the significance working capital management has in a firm and consequently the objective of this chapter is to find whether or not working capital management, i.e. cash conversion cycle has an effect on profitability for the publicly listed companies in Turkey using panel regression analysis.

Short-Term Funding and Financing Alternatives

2019 ◽  
pp. 167-184
Author(s):  
Benjamin Aguilar ◽  
Ajit Jain ◽  
Kevin Neaves
Keyword(s):  
Capital Markets ◽  
Working Capital ◽  
Short Term ◽  
Expected Return ◽  
Accounts Receivable ◽  
Purchase Order ◽  
Commercial Paper ◽  
Potential Risks ◽  
Repurchase Agreements ◽  
Revolving Credit

This chapter discusses the different types of short-term funding and financing alternatives that are available in the commercial money and capital markets. First, it covers commercial paper market activity, issue maturity, and quality. Second, the chapter addresses common uses and terms for commercial and standby letters of credit as well as common issuing requirements and covenants, and discusses the parties, processes, and risks involved. Third, it covers bilateral and trilateral repurchase agreements. Fourth, the chapter discusses asset-based loans, including accounts receivable factoring and purchase order financing. Finally, it covers revolving credit facilities and their associated costs. In sum, short-term funding is important for borrowers seeking additional liquidity to finance working capital or other short-term investments. For each type of short-term funding alternative, the chapter discusses the expected return and potential risks that the borrower and lender should evaluate before entering the financial transaction.

Redesigning the efficiency process analysis for working capital models

2019 ◽  
Vol 13 (1) ◽  
pp. 38-55 ◽  
Author(s):  
Himanshu Seth ◽  
Saurabh Chadha ◽  
Satyendra Sharma
Keyword(s):  
Growth Rate ◽  
Manufacturing Sector ◽  
Process Analysis ◽  
Working Capital ◽  
Economic Variables ◽  
Content Type ◽  
Cash Conversion Cycle ◽  
Efficiency Measures ◽  
Ratio Size ◽  
Indian Manufacturing Sector

Purpose The purpose of this study is to get insights into working capital management (WCM) practices and the determinants of its efficiency prevailing in the Indian manufacturing sector using firm-specific as well as macro-economic variables by examining three efficiency models, i.e. cash conversion cycle (CCC), cash conversion efficiency (CCE) and net working capital level (NWCL). Design/methodology/approach The study uses panel data techniques on 1,207 firms of the Indian manufacturing sector, as well as on its nine key manufacturing industries from 2008 to 2018 for the analysis. Findings Several firm-specific variables such as net fixed asset ratio, size of the firm, profitability, firm’s growth, asset turnover ratio, age of the firm, interest rate and leverage have significant effect on WCM efficiency, whereas total assets growth rate, gross domestic product growth rate and inflation rate have insignificant effect on WCM efficiency. Research limitations/implications The study provides new empirical evidence on the short-term liquidity management of manufacturing firms prevailing in the developing countries such as India. The findings are particularly relevant in the present scenario when the liquidity levels are decelerating and there is a marked slowdown in private credit flows to the manufacturing sector due to the problem of burgeoning non-performing assets. Originality/value This study examines WCM efficiency exhaustively by incorporating both firm-specific and macro-economic variables using three efficiency measures, i.e. CCC, CCE and NWCL, results of which emerged as an answer to an efficient WCM.

scholarly journals Financial Sustainability of Waste Management Service: A Case Study of Pokhara Sub-Municipal Corporation

2004 ◽  
Vol 7 (1) ◽  
pp. 5-14
Author(s):  
Keshar J Baral
Keyword(s):  
Waste Management ◽  
Operating Cost ◽  
Institutional Arrangement ◽  
Cost Ratio ◽  
Financial Sustainability ◽  
Management Service ◽  
Data Set ◽  
Recovery System ◽  
The Cost

Using the data set provided in the Cost Recovery System of the Waste Management System of Pokhara Sub-municipal Corporation (PSMC), the financial sustainability of the proposed waste management has been examined in this article. Financial sustainability indicators-operating cost ratio and cash operating ratio-show that the proposed system is financially sustainable provided that PSMC imposes the tourist fee and uses the revenue raised from the tourist fee to run the sanitary landfill site, build up the necessary institutional arrangement and capability required to run the designed system and recover the operation cost from the users. Journal of Political Science Vol.7(1) 2004 p.5-14

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