1. Home
  2. Vol 2, No 2 (2024)
  3. Silaen

The Role of Working Capital Utilisation and Profit Margin Control on Net Income at PT Perkebunan Nusantara III (Persero)

Novia Helenita Silaen(1), Andry Roy PS(2),


(1) Politeknik Unggul LP3M
(2) Politeknik Unggul LP3M
Corresponding Author

Abstract


Working capital plays an important role in sustaining company operations or activities, because without working capital, the operational activities of a company cannot run smoothly. Working capital is closely related to company profits or profits. Because the higher the working capital, the profit earned by the company will also be greater because with large working capital it will also generate large profits for the company. The purpose of this study was to determine how much the role of the use of working capital and profit margin control on the acquisition of net profit at PT Perkebunan Nusantara (Persero) III from 2019 to 2022. This research is a type of quantitative descriptive research, data analysis techniques in this study using simple correlation and multiple correlation using the spss V25 programme. The results of this study are the relationship of working capital to net income is unidirectional and has a moderate role, the relationship of profit margin to net income is unidirectional and has a strong role, while the relationship of working capital and profit margin to net income is unidirectional and has a moderate role.


Keywords


Working Capital, Profit Margin, Net Income

References


Adawiyah, D. R., Azis, M. A., Ramadhani, A. S., & Chueamchaitrakun, P. (2019). Perbandingan Profil Sensori Teh Hijau Menggunakan Metode Analisis Deskripsi Kuantitatif Dan Cata (Check-All-That-Apply). Jurnal Teknologi Dan Industri Pangan, 30(2), 161–172. https://doi.org/10.6066/jtip.2019.30.2.161

Handayani, N., & Winarningsih, S. (2020). The Effect of Net Profit Margin and Return on Equity Toward Profit Growth. Jurnal Akuntansi Dan Keuangan, 7(2). http://ejournal.bsi.ac.id/ejurnal/index.php/moneter198

Maming, R. (2018). Pengaruh Perputaran Modal Kerja Terhadap Profitabilitas Pada Perusahaan Manufaktur Yang Terdaftar Di Bursa Efek Indonesia. 4(2), 37–42. www.idx.com

Nariswari, T. N., & Nugraha, N. M. (2020). Profit Growth : Impact of Net Profit Margin, Gross Profit Margin and Total Assests Turnover. International Journal of Finance & Banking Studies (2147-4486), 9(4), 87–96. https://doi.org/10.20525/ijfbs.v9i4.937

Prihatminingtyas, B. (2019). Pengaruh Modal, Lama Usaha, Jam Kerja dan Lokasi Usaha terhadap Pendapatan Pedagang di Pasar Landungsari. 7(2), 147–154.

Radyatul, R., Mahasiswa, A., & Fakultas Ekonomi, M. (n.d.). Analisis Efisiensi Penggunaan Modal Kerja Dalam Upaya Meningkatkan Profitabilitas Perusahaan Pada Pt Semen Indonesia (Persero) Tbk.

Salman, J., Romula Siregar, Q., & Inadia Bahar, Y. (n.d.). Pengaruh Current Ratio, Net Profit Margin, Gross Profit Margin Dan Total Asset Turnover Terhadap Pertumbuhan Laba Pada Perusahaan Subsektor Hotel, Restoran Dan Pariwisata Yang Terdaftar Dibursa Efek Indonesia. http://jurnal.fisarresearch.or.id/index.php/salman/issue/archive

Sunaryo, D., & Author, C. (n.d.). Analysis Of Current Ratio, Debt To Assets Ratio And Gross Profit Margin On Financial Distress With Moderated Share Prices In Retail Companies Listed In Securities Exchange. https://ijersc.orghttps://ijersc.orghttps://ijersc.org


Full Text: PDF

Article Metrics

Abstract View : 49 times
PDF Download : 27 times

DOI: 10.57235/ijedr.v2i2.2279

Refbacks

  • There are currently no refbacks.


Copyright (c) 2024 Novia Helenita Silaen, Andry Roy PS

Creative Commons License
This work is licensed under a Creative Commons Attribution-NonCommercial 4.0 International License.