Analisis Efektivitas Penagihan Piutang Di (PERUMDAM) Tirta Kencana Samarinda

Abstract

The purpose of this study was to determine and analyze the level of Receivable Turnover at the Regional Public Water Company (PERUMDAM) Tirta Kencana Samarinda from 2019 to 2020, as well as to determine and analyze the average collection of receivables from the Regional Public Drinking Water Company (PERUMDAM) Tirta Kencana. Samarinda in 2019 to 2020.

The theoretical basis of this research consists of financial management, collection of accounts receivable, and management of accounts receivable. The data collection technique was carried out using secondary data taken from financial statement data at the Regional Public Water Company (PERUMDAM) Tirta Kencana Samarinda. The analysis tool of this study used financial ratio analysis of receivable turnover and average collection period.

The results of this study can be concluded that the Regional Public Water Company (PERUMDAM) Tirta Kencana Samarinda seen from the receivables turnover ratio in 2019-2020 has increased, as well as the assessment of the financial performance of the Regional Public Water Company (PERUMDAM) Tirta Kencana Samarinda seen from the average the average collection of receivables in 2019-2020 has decreased, although the receivables turnover has increased but the company has not been effective in managing its receivables. This is evidenced by the fact that the receivable turnover during 2019 to 2020 has not reached the standard value set by the company, which is 18 times, and the average collection of receivables into cash that occurs at PERUMDAM is not in accordance with the standards for collecting receivables set by PERUMDAM. that is more than 20 days