Analysis of the Implementation of Working Capital Management on Company Profitability

https://doi.org/10.55529/jmc.44.23.29

Authors

  • Victor Pattiasina Universitas Yapis Papua, Indonesia
  • Andarias Patiran Universitas Ottow Geissler Papua, Indonesia
  • Yohanes Marani Universitas Ottow Geissler Papua, Indonesia
  • Milcha Handayani Tammubua Universitas Terbuka Jayapura, Indonesia
  • La Ode Marihi Universitas Yapis Papua, Indonesia

Keywords:

Working Capital Turnover, Cash Turnover, Working Capital Management, Company Profitability.

Abstract

Every company must develop its competitive advantage in order to survive and advance the company. One of the advantages that companies need to develop is the company's financial performance. One component that is very important for company performance is working capital management. This is because working capital management such as working capital turnover and cash turnover influences the company's profitability. The purpose of this research is to analyze implementation of working capital management on company profitability. The dependent variable is company profitability. The independent variables are working capital turnover and cash turnover. The object of this research is PT. W Standard Indonesia, from company financial data from 2019 to 2022. Data analysis in this research uses multiple regression analysis. The research results show that working capital turnover has a significant effect on company profitability. Cash turnover has a significant effect on company profitability.

Published

2024-06-04

How to Cite

Victor Pattiasina, Andarias Patiran, Yohanes Marani, Milcha Handayani Tammubua, & La Ode Marihi. (2024). Analysis of the Implementation of Working Capital Management on Company Profitability. Journal of Multidisciplinary Cases (JMC) ISSN 2799-0990, 4(4), 23–29. https://doi.org/10.55529/jmc.44.23.29