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Journal : Dynamic Management Journal

Due Diligence in Financial Aspects for Mobile Fuel Station Business Development Saputra, Edwin Tri Angga; Indradewa, Rhian; Negoro, Dimas Angga; Hamdi, Edi
Dynamic Management Journal Vol 8, No 3 (2024): July
Publisher : Universitas Muhammadiyah Tangerang

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.31000/dmj.v8i3.11289

Abstract

The fuel sales of motorcycle experience complex dynamics, particularly in satisfying consumer demand for leanness and ease of service. The Mobile Fuel Station (MFS) service innovation, powered by information technology, was created to accelerate the establishment of new sales outlets and enhance the efficiency and convenience of consumer service. However, this option requires substantial expenses, necessitating due diligence on the financial side. The objective of this study is to evaluate and ensure the feasibility of the Mobile Fuel Station Investment Program (PI MFS). The research findings indicate that the Return on Investment (ROI) is 18.46%, with a positive Net Present Value (NPV) and an Internal Rate of Return (IRR) of 23.42% in the sixth year so that PI MFS is feasible to implement. To shorten short-term debt obligations, PI MFS has a current ratio of 2.64 times. Additionally, a 32.06% DER value indicates that a greater proportion of its financing comes from equity rather than debt. This research provides direction for the future development of more efficient managerial practices, as well as generates investor interest by demonstrating the potential for growth and profitability.
Co-Authors Abadi , Ferryal Abadi, Ferryal Abdella, Rahajeng Ayesha Adian, Fransiskus Aditya Pratama Agus Munandar, Agus Aidil Fadli, Jul Andre Andre, Andre Andriyanto, Irwin Angga Negoro, Dimas Anggreiawan, Franky Anggriwan, Phellano Arianto, Fajar Surya ARIS RIYANTO Arlindo Hartono, Agustinus Ayu Anggia, Bunga Azizah, Ridha Nurul Bakar, Lintang Abu Bakir, Bakir Cahyanti, Ichtiar Melia Dakaria, Yus Daruhadi, Gagah Derris, Frima Dhafi Iskandar , Muhammad Edi Hamdi Ekania, Mega El Khair, Minanda Elson, Morten Fathoni, Rialdi Fuad Giyanto Gunawan, Wawan Iwan Hadi Nugroho, Sukmo Haloho, Kastauli Hema Varna, Thu Hidayah, Aqmarina Hindarti, Efa Iin Inayah, Iin Imelda Citra Anggraini Indomarco, Tokingli Indra Gunawan Irhamdani, Irhamdani Iskandriani, Amalia Isworo, Joko Kurnia Pangestu, Yudha Kurniawan Kurniawan Kusnadi, Deky Kustiawan, Unggul Martianto, Yudha Hartlanda Miqdarsah, Malikulqadr Muhammad Dhafi Iskandar Mukhlis, Muhammad Musdiana Mayang Putri, Elly Mutiara Elgasari, Fitri Naibaho, Santy Berliana Nasution, Titi Anggraeni Negoro, Dimas Angga Ningsih, Susilowati Nugroho, Sukmo Hadi Nurwijayanti Paksi, Yanuar Buana Perdana, Rival Pitaloka, Olivia Inger Pranoto, Ari Prasetio, Agustinus Ayung Putri, Elly Musdiana Mayang Rahmat, Didi Rany, Yenny Ria Tuljanah, Lia Rian Adi Pamungkas Rogaya, St Safari, Jen Jen Mohammda Santiajie, Santiajie Saputra, Edwin Tri Angga Sartono, Saptiangga Sembiring, Rinawati Septian, Irvan Rizki Setiawan, Rizki Muharom Setiawan, Zatmiko Siagian, Theresia V Sidik, Satrio Riyono Sinaga, Hans Salomo Tiberias Sitinjak, Brando Sri Damayanti, Alia Suhendro Suhendro Sumirat, Yuyun Sunaryanto, Ketut Sunaryato, Ketut Surojo, Himbang Suwarto Suwarto Syabilla, Artana Diva Tantri Yanuar Rahmat Syah Virtadaniati, Wenny Whitney, Whitney Wiladiyah, Lala Yanuar Rahmat Syah, Tantri Yaqin, Ade Ainul Yudiarso, Hari Sapto Yudistria, Yuyus Yuliati, Elly