ANALISIS TINGKAT PERPUTARAN PIUTANG TERHADAP EFEKTIVITAS ARUS KAS PADA CV JARING MAS PAPUA

Abstract

This study was conducted with the following objectives: (1) to determine whether the receivables turnover and average days of receivables collection at CV Jaring Mas Papua are classified as good. (2) to determine the effectiveness of receivables control on CV Jaring Mas Papua's cash flow is classified as effective. With this, the author uses a descriptive approach, namely the author wants to analyze the level of receivables turnover at CV Jaring Mas Papua on the effectiveness of its cash flow, the author uses primary data and secondary data, namely financial reports for two years, the tools used are the receivables turnover method, average days of receivables collection (average collection period), and cash conversion cycle. From the results of the study conducted at CV Jaring Mas Papua, the receivables turnover is classified as good for two years but the company should increase investment so that the company has sufficient cash to finance all company activities optimally.