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Contact Name
Jamaluddin
Contact Email
jamaluddin@methodist.ac.id
Phone
+6281397181985
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jamaluddin@methodist.ac.id
Editorial Address
Universitas Methodist Indonesia Jl. Hang Tuah No. 8 Medan Sumatera Utara - Indonesia Kode Pos 20152
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Kota medan,
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INDONESIA
Majalah Ilmiah METHODA
ISSN : 20889534     EISSN : 26566931     DOI : https://doi.org/10.46880/methoda
Majalah Ilmiah METHODA adalah jurnal ilmih yang dikelola oleh Lembaga Penelitian dan Pengabdian Pada Masyarakat Universitas Methodist Indonesia yang menampung artikel ilmiah dari berbagai multi disiplin ilmu. Majala Ilmiah METHODA terbit 3 kali dalam setahun yakn pada bulan April, Agustus dan Desember.
Arjuna Subject : Umum - Umum
Articles 1 Documents
Search results for , issue "Vol. 12 No. 3 (2022): Majalah Ilmiah METHODA" : 1 Documents clear
ANALISIS EFEKTIVITAS PENGENDALIAN BIAYA DAN PERPUTARAN MODAL KERJA TERHADAP RENTABILITAS PADA PT. PERKEBUNAN NUSANTARA IV (PERSERO) MEDAN Tiur Rajagukguk; Debby Y. V. Silalahi; Hotlan Butarbutar
Majalah Ilmiah METHODA Vol. 12 No. 3 (2022): Majalah Ilmiah METHODA
Publisher : Universitas Methodist Indonesia

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.46880/methoda.Vol12No3.pp308-318

Abstract

This study aims to analyze the Effectiveness of Cost Control and Working Capital Turnover on Profitability at PT. Perkebunan Nusantara IV (Persero) Medan for the 2017-2019 period. The financial ratios used in this study are Cost Control Effectiveness as measured by the ratio of Operational Costs and Operating Income (BOPO), Working Capital Turnover and Profitability as measured by Return on Assets (ROA). The method of data analysis is descriptive qualitative. The results of the study, with a decrease in the company's BOPO ratio during the 2017-2019 period every year, is a good indication, because it gives an illustration that this company can reduce its operational costs. When analyzed from a financial management aspect, under such conditions, it means The company's financial performance in terms of working capital turnover ratio is not good. This should be immediately corrected by the company by improving working capital management. The ROA ratio of PT. Perkebunan Nusantara IV (Persero) Medan compared to the standard ratio contained in table 2.1, the ratio of this company is at a standard of <10% with unfavorable criteria.

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