The Effect Of Working Capital And Receivable Turnover On The Return On Investment Case Study On Pt. Merck Tbk

About Us

Ipmi Repository is an online archive service which is managed by IPMI Library - Learning Resource Center. Established for collecting, managing, saving, preserving and disseminating digital copies of intellectual output of IPMI International Business School such as academic journal, books, theses, Group Field Project, Community Involvement Project, Case Study, conference paper, and other types of research publication. The main objective of this repository is to provide long-term, public, open access and easily retrieve to the digital collection to support teaching-learning process.

"Knowledge without observation is nil"

Rachmanto, Fajar (2019) The Effect Of Working Capital And Receivable Turnover On The Return On Investment Case Study On Pt. Merck Tbk. Undergraduate thesis, Sekolah Tinggi Bisnis IPMI.

[img] Text
THE EFFECT OF WORKING CAPITAL AND RECEIVABLE--561.pdf - Submitted Version
Restricted to Registered users only
Download (2MB)

Abstract

FAJAR RACHMANTO 17232042. The Effect of Working Capital and Receivable Turnover on Return on Investment Case Study on PT Merck Tbk. Academic Supervisor: Wiwiek Mardawiyah Daryanto. With the growing world of business, the competition between similiar companies getting tighter. To maintain the viability of a company, it is required a good management of resources conducted by the mangement. Working Capital (WC) management is very important for a company, especially the turn-overs of WC and Account Receivable (AR) due to the effect in measuring its Return On Investement (ROI). The purposes of this research were to know: (1) the effect of working capital turnover to company return on investment, (2) the effect of accounts receivable turnover to company return on investment, (3) the effect of working capital and receivable turnover to company return on investment. The research method used were financial ratio analysis, correlation coefficient test, coefficient of determination test and hypothesis test. The data used in this study was secondary data sourced from financial statement PT. Merck Tbk period of 2009-2018. The result based of the multiple linear regression tests showed that simultaneously the turn-overs of WC and AR have no significantly affected the profitability of the company, Fcount > Ftable or 2.576 < 4.46. Partially, WC turnover has no significant effect on company return on investment, with tcount < ttable or 1,140 < 2.365 and AR turnover has no effect on company return on investment, with tcount < ttable or 1.847 < 2.365. Keyword: working capital turnover, account receivable turnover, return on investment, profitability, PT. Merck Tbk.

Item Type: Thesis (Undergraduate)
Subjects: H Social Sciences > HC Economic History and Conditions
H Social Sciences > HE Transportation and Communications
H Social Sciences > HF Commerce
H Social Sciences > HG Finance
Depositing User: Putri Dwi Novia
Date Deposited: 17 Jan 2020 04:57
Last Modified: 17 Jan 2020 04:57
URI: http://repository.ipmi.ac.id/id/eprint/389

Actions (login required)

View Item View Item