International Journal of Asian Business and Management (IJABM)
Vol. 2 No. 5 (2023): October, 2023

The Effect of Capital Turnover on Business Profitability in MSMEs in Makassar City

Hasyim, Sitti Hajerah (Unknown)
Nurjannah (Unknown)

Article Info

Publish Date
28 Oct 2023

Abstract

Business people attach great importance to the company's working capital. The current use of working capital can be used to determine whether working capital management is effective or not. To find out how working capital influences profitability in MSMEs in Makassar City, working capital turnover which includes net sales, current assets and current liabilities is used as the main measurement method. In this research, every MSME in Makassar City is the population. Sample selection was carried out using a purposive selection method consisting of 10 MSME financial reports in the form of balance sheets and profit and loss statements for a five year period (2018–2022). According to research findings, profitability is positively influenced by working capital turnover

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Journal Info
International Journal of Asian Business and Management (IJABM)
Website

Abbrev

ijabm

Publisher

PT FORMOSA CENDEKIA GLOBAL

Subject

Decision Sciences, Operations Research & Management Economics, Econometrics & Finance

Description

The International Journal of Asian Business and Management (IJABM) aims to provide an international platform for disseminating the practices of Asian business in a timely and in-depth analysis of globalization and sustained development with a focus mainly on Asian business practices. This ...