Implementation of working capital management in increasing profitability: Study on tempe chips MSMEs in Sanan Malang

Choiruddin, Muhammad Nanang (2018) Implementation of working capital management in increasing profitability: Study on tempe chips MSMEs in Sanan Malang. Presented at Proceedings of 6th International Conference of Islamic Economics & Business, 22 September 2018, UIN Maulana Malik Ibrahim Malang. (Unpublished)

Text Draft Conference.doc Restricted to Registered users only Download (843kB)

Abstract

Working capital is very important for MSMES, within the ideal boundaries, that is not too big and not to small in connection with efficiency use of working capital for increase profitability of MSMES. The aim of this study is knowing efficiency and profitability of MSMEs chips in Sanan Tempe Malang.
This research is quantitative descriptive, using the study model. Technique the collection in this research data to use interview technique, documentation, and observation. Analysis of the data used that collect the efficiency and working capital in increase profitability with the MSMEs way compare balance sheet for half period or 6 months, make report source and used of working capital, efficiency used analysis. of working capital and be equipped profitability ratio analysis. The ratio used are TPMK, RWC, ROA, GPM, and NPM.
Result analysis showed that 1) known the last 2 month MSME Sanan tempe chips Malang was assessed from working capital turnover and return on working capital from May to June showed efficiency of use of working capital. It is caused with an increase in income from May to June then working capital turnover and return on working capital levels are also increased. 2) From analysis ratio efficiency of use capital working average value of TPMK 0.747 times, RWC 10.92% profitability ratio showed average value of ROA 7.99%, GPM5.74%, and NPM 13.55% indicated that implementation of working capital management in MSME Sanan Tempe Chips walk less efficient, because tend value from every ratio is less than average value. On ROA, the ratio of the ratio above average only on March and May, on GPM ratios is the ratio above average on January, March, and May, and on the last ratio values ​​above average on April, May and June.

Item Type:	Conference (Paper)
Keywords:	Working Capital, Efficiency and Profitability
Subjects:	15 COMMERCE, MANAGEMENT, TOURISM AND SERVICES > 1503 Business and Management
Depositing User:	Muhammad Nanang Choiruddin
Date Deposited:	10 May 2020 01:32

Downloads

Origin of downloads

Actions (login required)

View Item