ABOUT US  |  CONTACT US
Global Academic Journal of Humanities and Social Sciences
Volume-3 | Issue-04
Original Research Article
Activity Ratio Analysis to Working Capital with Liquidity as a Moderating Variable
Huang Binbin Hendry
Published : Oct. 30, 2021
DOI : 10.36348/gajhss.2021.v03i04.007
Abstract
This research was conducted at the company PT. Perkebunan Nusantara III Medan, the purpose of this study is to analyze the ratio of activity to working capital with liquidity as a moderating variable at PT. Nusantara III Plantation Medan 2015-2017 period. The method in this study is a quantitative method using financial statements and the sample of this research is 36 samples, namely from the 2015-2017 period and taken with documentation techniques. The independent variables in this study for the activity ratio are measured by Receivable Turnover and Inventory Turniver, the liquidity variable is measured by the Current Ratio and Working Capital is measured by the Debt to Equity Ratio. This study uses secondary data and research hypotheses using Partial Least Square analysis using SmartPls software with the result that only Inventory Turnover has a positive effect on Working Capital while Receivable Turnover has no effect on Working Capital. Liquidity also cannot be a moderating variable of the effect of Receivable Turnover and Inventory Turnover on Working Capital.

Article formats

PDF (Portable Document Format) is a file format that has captured all the elements of a printed document as an electronic image that you can view, navigate read more...

A full-text database is a compilation of documents or other information in the form of a database in which the complete text of each referenced document is read more...

Contact us


Scholars Middle East Publishers,
Gold Souk, Deira, d – 24 D85,
Dubai, United Arab Emirates

+971-54-717-2569
submit.gajrc@gmail.com

Useful Links


Home
Aim and Scope
Author Guidelines
Subject Area

About Us


GAJRC (Global Acedemic Journals and Research Consortium) is an international scholar’s community which publish research paper under Scholars Middle East Publisher for open access scientific journals in both print and online publishing from Dubai, UAE. Read More Here

© GAJRC , All Rights Reserved

Developed by JM