Analisis Efektivitas Pengelolaan Modal Kerja dalam Rangka Meningkatkan Profitabilitas (Studi Kasus pada Koperasi Wanita Serba USAha “Setia Budi Wanita” Jawa Timur Periode 2012-2014)

摘要

Working capital is the main factor driving the company\u27s operations which serve to finance the working capital needs of the everyday operations of the cooperative. Determinination of working capital that will effectively generate optimal profit. Management of working capital less precise impact on the profitability of the cooperative resulting in losses for the cooperative. This study aims to determine the effectiveness of working capital management in order to improve the profitability of Koperasi Wanita Serba Usaha “Setia Budi Wanita” East Java during the past three years. This type of research is descriptive research with case study approach. The results showed owned cooperative in the past three years increased working capital, which is visible from statement of changes in working capital and sources and uses of working capital. Calculations on the liquidity ratio shows the Net Working Capital, Current Ratio, Quick Ratio, Cash Ratio fluctuating. Calculations on the activity ratio also experienced fluctuating, but the turnover ratio shows receivable turnover is still very low. Based on projections calculations have been carried out showed that overall the company`s financial rations have increased either.