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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 Abdul Haeba Ramli Agnes Fiyonita Hatuopar Agus Munandar Agustin, Rosita Akhmad, Noor Fadhilah Andriyanto, Irwin Angga Adriano Falasifa Anggraeni Anggreini, Yoana Ariani, Riski Arief Pribadi Arifwandi, Setiana Ayu Anggia, Bunga Bonar Bastari, Ega Brian Kalti Pranata Calvin, Thiodorus Christian, Eric Dena, Haykal Yama Denito, Steven Stevu Devy Andriany Dihin Septyanto Dimas Angga Negoro Dirgantara, Padsha Djuanita, Maharani Kinanti E. Sofyan, Rufyan Edi , Edi Egi Tiarawati, Arini Ekania, Mega Eko, Ferdianyah Endang Ruswanti Erlangga, Deni Fahrizal, Garsa Fery Hotmajaya Giyanto Gultom, Martina Gunawan Gunawan Harefa, Puput Tri Kasih Haryanto, Arie Haryanto, Feri Herman Susanto Hermatasiyah, Nur Hidayah, Alvi Nur Hidayat Sutawijaya, Ahmad Hilmy, Muhammad Reza Hindarti, Efa Indah Nur Lestari Indradewa, Rhian Iskandar , Muhammad Dhafi Iskandar, Muhammad Iskandar, Uhammad Dhafi Jamal, Robi Jeheo, Lyan Jono, Afia Junaidi Junaidi Kawalta Tarigan Ketut Sunaryanto Kurnia Pangestu, Yudha Kurniawan, Jessen Kusnadi, Deky Kustiawan, Unggul Kusuma, Helmy Hendra Lukitoningrum, Dyan Maesaroh, Rita Maulana, Sapto Melissa Melissa Melni Rohana Muhamad Elon Muhammad Dhafi Iskandar Muhammad Dhafi Iskandar Muhammad Farhan, Fahri Muhammad Ikhsan Zaidan Muhammad Reza Hilmy Muharom, Ahmad Muliawan, Kenny Munatsir Oteiba Musdiana Mayang Putri, Elly Muttaqin, Muhammad Fauzan Naibaho, Santy Berliana Negoro, Dimas Negoro, Dimas Angga Ningrum, Ira Sita Ningsih, Susilowati Nugroho, Nelson Nur ‘Azah Nurwijayanti Pasaribu, Marya Prima, Patra Batam Puspita, Yohana R. Syah, Tantri Yanuar Rahmansyah, Tantry Yanuar Rahmat Syah, Tantry Yanuar Redhenta Helmi Firdaus Reski, Reski Rhian Indradewa Rizki Saputra Rodiah, Sinten Wanti Rogaya, St Rosdiana Rosdiana Rosita Rosita Rսswanti, Endang S Siswanto Safuan Safuan Salmen Ginting sandra dewi Saputra, Edwin Tri Angga Selfiani Selfiani, Selfiani Setiawan, Eka Setiawan, Zatmiko Sidik, Satrio Riyono Sita Ningrum, Ira Sitorus, Jusuf Soleha, Yani Subhan Subhan Suhendro Suhendro Sunarsih, Fatimah Sunaryadi, Ketut Sunaryanto, Ketut Suryanto Suryanto Sutawijaya, Ahmad Hidayat Sutrisno, Sutrisno Suyanto Suyanto Suyanto Syah, Tantri Rahmat Syah, Tantri Yanuar R. Syah, Tantri Yanսar R. Syah, Tantry Syah, Tantry Yanuar Syah, Tantry Yanuar Rahmat Takrim, Muhammad Tantri Yanuar Rahmat Syah Wati, Norma Etika Whitney, Whitney Wicaksono, Muhammad Andi Wikοngkο, Danny Armandο Winta Hendrawati Bu’ulolo Wisnu Dermawan, Sigit Yanuar Rahmat Shah, Tantri Yanuar Rahmat Syah, Tantry Yanuar Ramadhan Yanuar Ramadhan Yuliana Agustina Widiarta Yuliastini, Dewi Yusup Setiawan Yusup Setiawan, Yusup