Yulian, Yelli
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FINANCIAL DISTRESS ANALYSIS OF INDONESIA RETAIL COMPANIES Yulian, Yelli
Jurnal Ekonomi : Journal of Economic Vol 11, No 1 (2020): Jurnal Ekonomi : Journal of Economic
Publisher : Lembaga Penerbitan Unversitas Esa Unggul

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.47007/jeko.v11i1.3010

Abstract

The retail industry is basically an industry whose business activities provide products in the form of goods and or services. In 2016 the development of global retail recorded that Indonesia entered the top five countries most active retail as well as the top five countries with the largest sales in Asia. In the past few years there have been many closures of retail outlets in Indonesia. The current condition of retail in Indonesia faces many problems, one of which is the distortion of new income, that is, retail that has no place or is usually called electronic commerce (e-commerce). E-commerce involves the purchase and sale of products (such as physical goods, digital products or services) transacted over computer networks. This study uses the data from 23 companies retail business in Indonesia and data collected from 2013 to 2017. Analyzed using data panel regression with three approaches Altman, Springate and Zmijewski. All companies experienced a decline in financial performance. The factors that influence the condition of financial distress are the net profit margin, current ratio, size of firm and total asset turnover.
ANALISIS FINANCIAL DISTRESS PADA PERUSAHAAN RITEL DI BURSA EFEK INDONESIA Yulian, Yelli; Fahm, Idqan; Novianti, Tanti
Jurnal Ilmiah Mahasiswa Ekonomi Akuntansi Vol 6, No 1 (2021): Februari 2021
Publisher : Accounting Departement Economics and Business Faculty Syiah Kuala University

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Abstract

Industri ritel pada dasarnya adalah industri yang kegiatan usahanya menyediakan produk dalam bentuk barang dan atau jasa. Pada tahun 2016 perkembangan ritel global mencatat bahwa Indonesia memasuki lima negara ritel paling aktif serta lima negara teratas dengan penjualan terbesar di Asia. Dalam beberapa tahun terakhir telah terjadi banyak penutupan gerai ritel di Indonesia. Kondisi ritel saat ini di Indonesia menghadapi banyak masalah, salah satunya adalah distorsi pendapatan baru, yaitu ritel yang tidak memiliki tempat atau biasa disebut perdagangan elektronik (e-commerce). E-commerce melibatkan pembelian dan penjualan produk (seperti barang fisik, produk atau layanan digital) yang ditransaksikan melalui jaringan komputer. Penelitian ini menggunakan data dari 23 perusahaan bisnis ritel di Indonesia dan data yang dikumpulkan dari 2013 hingga 2017. Dianalisa menggunakan regresi panel data dengan tiga pendekatan Altman, Springate dan Zmijewski. Semua perusahaan mengalami penurunan kinerja keuangan. Faktor-faktor yang mempengaruhi kondisi financial distress adalah margin laba bersih, rasio lancar, ukuran perusahaan dan total perputaran aset.