Journal of International Conference Proceedings
Vol 4, No 2 (2021): Vol 4, No 2 (2021): Proceedings of the 10th International Conference of Project

The Effects of Net Working Capital on Return on Assets in PT Perkebunan Nusantara III (Persero) Medan

Januri Januri (Muhammadiyah University of North Sumatera)



Article Info

Publish Date
26 Nov 2021

Abstract

This study deals to reveal whether net working as measured by cash turnover, accounts receivable turnover, inventory turnover has an effect on Return on Assets (ROA) at PT Perkebunan Nusantara III (Persero) Medan on period 2015-2019. This study used an associative approach and quantitative research then it used Kendall Tau correlation test as data analysis technique. The results showed that cash turnover has an effect on ROA, accounts receivable turnover has an effect on ROA, inventory turnover has no effect on ROA, while simultaneously cash turnover, receivable turnover, inventory turnover influenced ROA at PT Perkebunan Nusantara III (Persero) Medan on period 2015-2019.

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Journal Info

Abbrev

JICP

Publisher

Subject

Humanities Decision Sciences, Operations Research & Management Electrical & Electronics Engineering Industrial & Manufacturing Engineering Languange, Linguistic, Communication & Media

Description

JICP is proceedings series that aims to publish proceedings from conferences, in the fields of economics, business, and management research. All proceedings in this website are open access, which means the published articles are permanently free to read, download, copy, and distribute. The online ...