Analisis Rasio Aktivitas Untuk Menilai Kinerja Keuangan PT. Kino Indonesia Tbk Pada Tahun 2019-2022

Abstract

ABSTRACT

This study aims to analysis activity ratio to assess the financial performance of PT. Kino Indonesia Tbk in 2019-2022. The Covid-19 pandemic that occurred had a significant impact on the company's financial statements and the main purpose of this study was to find out and analyze the financial performance of PT. Kino Indonesia Tbk 2019-2022

The theoretical basis used is financial management using activity ratios. The analytical tools used in the activity ratio are Receivable Turnover, Inventory Turnover, Working Capital Turnover, Fixed Assets Turnover, Total Assets Turnover.

The results of the analysis of financial performance at PT. Kino Indonesia Tbk, it is produced that first: Asset Turnover from 2019-2021 has decreased and in 2022 has increased. Second: Working Capital Turnover from 2019-2021 decreased and in 2022 increased. Third: Fixed Asset Turnover from 2019-2022 has decreased. Fourth: Inventory Turnover from 2019-201 decreased and in 2022 increased. Fifth: Receivables turnover from 2019-2021 has decreased and in 2022 has increased. Advice to PT. Kino Indonesia Tbk, should be able to maximize the management of the company every year so as to prevent a decline in financial performance