Jurnal Ekonomi
Vol. 11 No. 01 (2022): Jurnal Ekonomi

ANALYSIS OF RECEIVABLES MANAGEMENT EFFECTIVENESS AND THEIR EFFECT ON COMPANY LIQUIDITY AT PT JACO NUSANTARA MANDIRI MEDAN

Hasibuan, Elwardi (Unknown)



Article Info

Publish Date
30 Jun 2022

Abstract

This study aims to determine the practice of receivable management and its effect on the level of liquidity of the company PT Jaco Nusantara Mandiri Medan. The sample in this study was taken from the financial statements of PT. Jaco Nusantara Mandiri Medan for three years, namely 2016, 2017 and 2018. The analytical method used is quantitative analysis using ratio analysis as a measuring tool. The results of the analysis carried out show that the company's receivables management has established a loose credit policy and a passive collection policy, as well as. Receivable Turn Over (RTO), ACP, and AIOR performance continues to decline every year. This decrease shows that the ineffective management of the company's receivables management will affect the decrease in the company's liquidity.

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Journal Info

Abbrev

Ekonomi

Publisher

Subject

Economics, Econometrics & Finance

Description

Jurnal Ekonomi [p. ISSNĀ 2301-6280, e. ISSNĀ 2721-9879] is a peer-reviewed journal published Half times a year (June, and December) by SEAN Institute. Jurnal Ekonomi is intended to be the journal for publishing articles reporting the results of economics research. Jurnal Ekonomi invites manuscripts ...