Analisis Efisiensi Pengelolaan Modal Kerja pada Koperasi Pegawai Republik Indonesia (KPRI) Guyub Rukun Situbondo Tahun Buku 2020-2022

Abstract

The purpose of this study is to assess the efficiency of working capital management at KPRI Guyub Rukun Situbondo with criteria guided by the Regulation of the Peraturan Menteri Koperasi dan UKM No.06/Per/. M.KUKM/V/2006 regarding the criteria for outstanding cooperatives. This research is a quantitative descriptive research with percentage techniques sourced from cooperative financial statements for the 2020-2022 financial year. This research method uses working capital library analysis consisting of 3 elements, namely cash turnover, receivables turnover, and merchandise inventory turnover. Furthermore, using profitability ratio analysis which can be measured by 3 ratios, namely net profit margin, return on assets, and return on equity. The results of this study when viewed from the analysis of working capital turnover are categorized as less efficient because in the element of receivables turnover is classified as inefficient caused by very low turnover that causes a very long payback time. For profitability ratio analysis, it is also in an inefficient state because the cooperative is still unable to manage working capital which causes a decrease in profit / income in the cooperative.