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The Effect of Working Capital Turnover and Receivable Turnover on Profitability: Case Study on PT. Merck Tbk Wiwiek Mardawiyah Daryanto; Fajar Rachmanto
International Journal of Business Studies Vol 1 No 2 (2017): International Journal of Business Studies (IJBS)
Publisher : Sekolah Tinggi Manajemen IPMI

Show Abstract | Download Original | Original Source | Check in Google Scholar | Full PDF (495.385 KB) | DOI: 10.32924/ijbs.v1i2.20

Abstract

With the growing world ofbusiness, the competition between similar companies getting tighter. To maintain the viability of a company required a good management of resources conducted by the management. Account Receivable turnover and working capital are very important for a company because it is the elements in measuring the proitability of the company. The purpose of this research is to know: (1) the effect of account receivable turnover to company proitability, (2) the effect ofworking capital turnover to the company, (3) the effect of account receivable turnover and working capital turnover to company proitability. The research method used is quantitative analysis, correlation coeficient test, the coeficient of determination test and hypothesis test. The data used in this study is secondary data sourced from inancial statement PT. Merck Tbk period 2009-2013 obtained directly from the respondent. The results based on multiple linear regression tests showed that simultaneously turnover of account receivable and working capital turnover did notsigniicantly affect company proitability (5.603 < 9.55). Partially, the account receivable turnover does not signiicantly affect the proitability of the company (2.298 < 3.182) and the working capital turnover does not signiicantly affect the proitability of the company (3.003 < 3.182). So, it can be said the hypothesis in this study was rejected.
Sedekah Jelantah: Sebuah Inisiatif untuk Mempromosikan Sistem “Waste Management” dan untuk Menciptakan Komunitas Mandiri melalui Biofuel Amelia Naim Indrawijaya; Agus Loekman; Gusti Fauzi Maulana Gafli; Fariz Fadhillah; Cecilia Astrid Maharani; Fajar Rachmanto; Rezly Eskarlita Syauta
Jurnal Pengabdian Pada Masyarakat Vol 5 No 2 (2020)
Publisher : Universitas Mathla'ul Anwar Banten

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.30653/002.202052.529

Abstract

WASTE COOKING OIL DONATION: AN INITIATIVE TO PROMOTE “WASTE MANAGEMENT” SYSTEMS AND TO CREATE AN INDEPENDENT COMMUNITY THROUGH BIOFUELS. The supply of fossil fuels has been running low, and fossil fuel needs cannot be met by fossil fuels. Indonesia is in dire need of a substitute energy source that is not only available sustainably but also to produce renewable energy. One alternative is energy based on used cooking oil. This idea is a very interesting idea because used cooking oil can be a very promising source of fuel. Unfortunately all this used cooking oil has not been utilized properly, even polluting the soil and water. The purpose of this community program is to communicate and socialize the importance of distributing used cooking oil to become a renewable energy source, thus preventing pollution problems due to waste cooking oil disposal. This community development is carried out by developing a system within the community to ensure the collection of used cooking oil for the sustainability of the renewable energy program as an alternative resource for energy that is environmentally friendly. This initiative was given the name Sedekah Jelantah program.