ANALISIS EFEKTIVITAS PENGGUNAAN MODAL KERJA PADA PT. KABELINDO MURNI TBK PERIODE 2019-2023

Abstract

The purpose of this study is to determine the effectiveness of working capital use at PT. Kabelindo Murni Tbk for the 2019-2023 period. This study uses a comparative research method with a quantitative approach, namely by comparing figures or data contained in the company's financial statements such as the statement of financial position and profit and loss. The variables used in this study consist of cash turnover, accounts receivable turnover, inventory turnover and working capital turnover. The results of the analysis and calculation of cash turnover calculated as the quotient between the amount of sales and the average cash or the company's activity in converting cash into revenue carried out by PT. Kabelindo Murni Tbk for the 2019-2023 period is above the average ratio of similar industries. Furthermore, the calculation of accounts receivable turnover calculated as the quotient between the amount of sales and the average accounts receivable or the collection activity of accounts receivable carried out by PT. Kabelindo Murni Tbk for the 2019-2023 period is above the average of similar industries, then the calculation of inventory turnover which is calculated as the result of dividing the amount of sales by the average inventory or inventory turnover activity carried out by PT. Kabelindo Murni Tbk for the 2019-2023 period is above the average of similar industries, then the calculation of working capital turnover which is calculated as the result of dividing the amount of sales by the average current assets/working capital carried out by PT. Kabelindo Murni Tbk for the 2019-2023 period is above the average of similar industries