Indonesian Journal of Economics and Management
Vol 2 No 3 (2022): Indonesian Journal of Economics and Management (July 2022)

Analisis Modal Kerja dan Profitabilitas Perusahaan BUMN Bidang Jasa Infrastruktur

Maldania Sundari Dewi (Program Studi D3 Keuangan dan Perbankan, Politeknik Negeri Bandung)
Endang Hatma Juniwati (Jurusan Akuntansi, Politeknik Negeri Bandung)
Ine Mayasari (Jurusan Akuntansi, Politeknik Negeri Bandung)



Article Info

Publish Date
24 Jul 2022

Abstract

This research aim to find out the effect of cash turnover, receivable turnover, and inventory turnover to the profitability in the state-owned company in infrastructure service sector simultaneosly and partially. The population in this research were the state-owned company in infrastructure service sector in 2017-2021. The quarterly financial report of PT. Waskita Karya (Persero) Tbk., PT. Wijaya Karya (Persero) Tbk., PT. Semen Indonesia (Persero) Tbk., and PT. Jasa Marga (Persero) Tbk. are being used as sample. The research method use descriptive quantitative by performing panel data regression analysis with using a software called Eviews 9. The result showed that simultaneosly, cash turnover, receivable turnover, and inventory turnover have a positive and significant effect on profitability and partially, both of cash turnover and inventory turnover have a negative and significant effect, receivable turnover has a positive and significant effect on profitability in the state-owned company in infrastructure service sector in 2017-2021.

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Journal Info

Abbrev

ijem

Publisher

Subject

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

Description

Indonesian Journal of Economics and Management (IJEM) is a journal published by the Accounting Department of Politeknik Negeri Bandung, Indonesia. IJEM (Online ISSN: 2747-0695) published thrice a year (March, July, and November). The journal invites scholars, practitioners, and researchers to submit ...