Measuring Financial Performance of PT. Pos Indonesia during The E-Commerce Booming

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Pratama, Sasotya (2017) Measuring Financial Performance of PT. Pos Indonesia during The E-Commerce Booming. International Journal of Business Studies, 1 (1). pp. 32-40. ISSN 2580-0132

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Abstract

Advancement of telecommunications technology and Internet protocol has encouraged the development of services through electronic commerce (e-commerce). The growth of over 35% per year has been achieved by the industry since 2013 in Indonesia. More than ten companies operate in the industry. In line with the development of e-commerce services, also developed supporting industries such as logistics, to deliver products purchased over the Internet. There are about three big private companies in the courier industries, and the only state-owned enterprises (SOEs) in the courier industry is PT. Pos Indonesia (PTPI). The purpose of this study is to measure and evaluate the financial health condition of PTPI for periods of 2009- 2015 by investigating its financial ratios included return on equity, return on investment, cash ratio, current ratio, collection period,inventory turnover, total asset turnover, and total equity to the total asset. The result shows achieved financial health condition of PTPI and can be used to advise further improvements. Keywords: Financial performance, E-commerce, State-owned enterprises, PT. Pos Indonesia

Item Type: Article
Subjects: H Social Sciences > H Social Sciences (General)
H Social Sciences > HF Commerce > HF5601 Accounting
H Social Sciences > HG Finance
Divisions: Research And Community Empowerment > Journals
Depositing User: Rizky Amalia
Date Deposited: 17 Jan 2020 03:31
Last Modified: 22 Dec 2021 07:43
URI: http://repository.ipmi.ac.id/id/eprint/20

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