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

Authors

  • Novia Helenita Silaen Politeknik Unggul LP3M, Indonesia
  • Andry Roy PS Politeknik Unggul LP3M, Indonesia

DOI:

https://doi.org/10.57235/ijedr.v2i2.2279

Keywords:

Working Capital, Profit Margin, Net Income

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.

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References

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Published

2024-07-01

Issue

Vol. 2 No. 2 (2024): Juli 2024

Section

Articles

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