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Journal : International Journal of Economics and Management Research

Analysis of Receivables Turnover and Working Capital Turnover on Profitability at PT Alam Jaya Amalia Amalia; Sungkono Sungkono; Thomas Nadeak
International Journal of Economics and Management Research Vol. 3 No. 3 (2024): December : International Journal of Economics and Management Research
Publisher : Pusat Riset dan Inovasi Nasional

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.55606/ijemr.v3i3.408

Abstract

The purpose of this study is to analyze the effect of accounts receivable turnover and working capital turnover on profitability at PT Alam Jaya. This study uses a qualitative method with secondary data obtained from the financial statements of PT Alam Jaya for the period 2019-2021. The variables analyzed include working capital turnover, accounts receivable turnover, and profitability measured using the ratio of net profit to total assets. The results of the study show that accounts receivable turnover increased significantly from 100.40 times in 2019 to 170.42 times in 2021, reflecting increased efficiency in managing accounts receivable. Conversely, working capital turnover decreased from 2.48 times in 2020 to 1.63 times in 2021. This decrease resulted in a decrease in profitability from 18% to 14%. The conclusion of this study is that accounts receivable turnover and working capital simultaneously affect the company's profitability. The implication is that PT Alam Jaya needs to manage working capital and receivables optimally to maintain cash flow stability and increase profitability sustainably.
Co-Authors Adhisuwignjo, Supriatna Afriza Apriliana Fajri Agustiansyah Agustiansyah Ahmad Syaifudin Amalia Amalia Andriani Parastiwi Anggri Puspita Sari Ardian Ardian Ari Murtono Aslina Br. Ginting Atikah Atikah Bagus Rachmanto Bakhrul Dwitamala Randa Imron Beauty Anggraheny Ikawanty BOYBUL BOYBUL Cahya Nurjana Cutisah Cutisah Daniel Happy Putra Dedi Mulyadi Dela Vida Rochani Dikha Septiani Dewi Dinar Mustika Gunawan Edi Sulistio Budi Eka Mandayatma Elka Faizal Fakhrizal Fivaldi Fendi Irawan Fitri Yeli Guswardani Guswardani Hafidl Zainal Efendi Hafidz Silmi Syah Hanifah Dwiyanti Hanifah Dwiyanti Hari Kurnia Safitri Harini Hariyadi Singgih Iis Rahayu Indrawan Nugrahanto, Indrawan Indrazno Siradjuddin Jaenudin Jaenudin Jan Setiawan Kukuh Setiawan Lisa Sulistiyowati Luh Putu Ratna Sundari Luki Nurdiansyah Lulu Kamelia Lutfiyah Rahma Wati M. Yusril Maghrobi Maskhur Zulkarnain Mela Andini Melanda Wulandari Mila Fauziyah Mochamad Machrus Aviv Mochamad Tri Wahyudi Ilahy Mohammad Luqman Muhamad Septiaraya Latif Muhammad Khairuddin muhammad noor fachry Muhammad Wildan Ibrahim Mulia Manda Masyhuroh Mulyo Prabowo Narsih Narsiah Novi Trilisiana NURHALIMAH Nurhalimah Nurhalimah Oky Wahyu Pratama Pradana Perwira Putranto Probo Lutfianto Ashari Rizaldy Wahyu Prayogi Rizieq Nur Ilham Runi Nurazizah Salma Nurmalia Salsabila Karina Kholiqin Sanjaya, Purba Sembiring, Rinawati Septyana Riskitasari Setia Permana Setia Permana Setiawan, Budhy Setyo Dwi Utomo Siska Andriani Siti Saleha Siti Saleha Sri Ismarwanti Sri Ismarwanti Supardjo Supardjo Surtono, Arif Syarif Firmansah Tanti Widiya Teddy Hero Prasetyo Thomas Nadeak Topik Hidayat Vadya Marshanda Budiman Vivi Putri Haryani Winarno, Totok Yanlinastuti Yanlinastuti yoga satriawan Yulianto Yulianto Yuniar Maulidya zulfikar abror