FINANCIAL RATIO ANALYSIS TO ASSESS WORKING CAPITAL EFFICIENCY AT PT. PEGADAIAN FOR 2019-2021

Lily Karlina Nasution; Gaudensius Purba

Authors

Lily Karlina Nasution Politeknik Lp3i Medan
Gaudensius Purba Politeknik LP3I Medan

Keywords:

Inventory turnover ratio, accounts receivable turnover ratio, working capital turnover ratio, working capital efficiency

Abstract

The results of the study note that the level of working capital efficiency at PT. Pegadaian, is at an inefficient level. It can be seen from the calculation of inventory turnover below standard with an average of 5.97, receivables turnover below standard with an average of 0.27 and working capital turnover of PT. Pegadaian in 2019-2021 has an average of 0.98 under 6 times the working capital turnover.

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