Unpacking Receivables: Gresik Bottled Water Company’s Financial Analysis
DOI:
https://doi.org/10.30587/innovation.v4i2.6878Keywords:
Outstanding Receivables, Internal Factors, External Factors, ResolutionAbstract
This research aims to identify and describe the causes of outstanding receivables and the handling efforts carried out by PT. XYZ, which is a bottled Drinking Water Company in Gresik Regency. The research method used is descriptive with a qualitative approach. The method used in this research process comes from interviews conducted with two selected informants and documentation of data on outstanding receivables for 2020-2022 at PT. XYZ. Data analysis techniques use Miles and Huberman. The findings from this research show that the factors causing outstanding receivables at PT. XYZ has 2 internal factors, namely lack of credit analysis, no special collection team, limited information, and external factors, namely intentional elements, economic conditions and customer environmental conditions. The resolution efforts carried out include monitoring, telephone information, warning letters, direct visits, judicial action, and implementing new policies.
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Zulna , E.I. (2022). Analysis Ratio Rotation Receivables and Average Collection Period Receivables As a Basis for Assessment Effectiveness Policy PT Credit . ISAM. Indonesian Accounting Literacy Journal , 2 (2), 460-467
Damayanti, EA, & Aslamiyah, S. (2022). Analysis of Receivables Turnover at PT Makmur Selaras. Indonesian Journal of Islamic Economics and Business , 7 (2), 133-149.
Handayani, Anita. (2020). Capital Structure of Cigarette Companies in Indonesia. Accounting and Management Journal. Vol. 5(2). Pages 95-104.
Harry. (2016). Basic Accounting. Jakarta: PT. Grasindo.
Hutapea, MJ, & Septriawan, MR (2022). The Effect of Uncollectible Receivables on Cash Flow at Pt Sinar Rezeki Mas Makmur. Worksheet: Journal of Accounting , 1 (2), 133-145.
Loviriani, S., Syafitri, L., Munandar, A. (2023) Analysis of factors causing bad debts and efforts to overcome and settle bad debts. Journal of Economics and Management Scientists . 5(4), 206-209 10.37034/jems .v 5i4.26
Maya, A., & Dewi, K. (2020). Analysis Internal Control of Receivables Internal Business Minimize Uncollectible Accounts Receivable . Journal Scientific Accountancy Unity , 8(2), 117 – 126.
Mulyadi (2016). Accounting Systems, Third Edition, Jakarta: Salemba Empat Publishers .
Munandar, A. (2018). Analysis of Uncollectible Receivables at PT Astra International Tbk. Journal of Management and Finance , 7 (2), 184-184.
Novialumi, A. (2022). Analysis of Uncollectible Receivables on the Level of Receivables Turnover at Pt. Fastrata Buana Bekasi. Al-Misbah , 3 (2), 234-242.
Nurkania, Priyatna (2015) Function of the Internal Control System for Receivables on Cash Flow of Manufacturing Companies at Cv. Exel Mandiri Malang, East Java 2012 to 2015. Thesis, Darma Persada University
Nursyahriana, A., Hadjat, M., & Tricahyadinata, I. (2017). Analysis of Factors Causing Bad Credit. Economic Forum , 19(01), 1-14 .
Reviandani, Wasti. 2021. Financial Report Analysis. Sidoarjo: Indomedia Pustaka
Santoso, RA, & Handayani, A. (2018). Financial Management: Long Term Financial Decisions. Gresik: UMG Pres.
Sugiyono (2023). Qualitative Research Methods. Bandung: Alphabeta
Sulistiawan, T., Bramana, SM, Anwar, Y., & Yunsepa, Y. (2021). Analysis of Uncollectible Receivables on the Level of Receivables Turnover at CV Suryamas in Oku Regency. Global Economist Journal , 6 (2), 125–142.
Surtimi, Titim . (2019) . Accounts Receivable Collection Procedure Pt. Graha Anugrah Elektrindo . Final Thesis Project Report, Indonesian College of Economics, Jakarta.
Ulma, FD, Fadjar, MM, & Kartini, T. (2020). Analysis of Internal Factors Causing Bad Debts. P-Issn Proaction Journal , 2089 , 127x.
Yusmalina , Novita Sari, S., Haqiqi, F., & Tambunan, V. (2020). Analysis Influence Receivables And Sales Credit To Company Profitability 2016-2018 (Case Study of CV Davin Jaya Karimun). Journal Cafeteria , 1(2), 13–22.
Zahroh, F., & Handayani, A. (2022). Analysis of Receivables Turnover Level Study at Pt Xyz Manufacturing Company in Gresik. Eqien-Journal of Economics and Business , 11 (03), 419-432.
Zalogo, E.F. (2021). Analysis of Uncollectible Receivables on the Level of Receivables Turnover at Cv. Gunungsitoli Eternal Diamond. Pareto: Journal of Business and Management Research , 6 (2), 73-82 .
Zulna , E.I. (2022). Analysis Ratio Rotation Receivables and Average Collection Period Receivables As a Basis for Assessment Effectiveness Policy PT Credit . ISAM. Indonesian Accounting Literacy Journal , 2 (2), 460-467
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Published
2023-12-29
How to Cite
Putri, A. I., & Handayani, A. (2023). Unpacking Receivables: Gresik Bottled Water Company’s Financial Analysis. INNOVATION RESEARCH JOURNAL, 4(2), 122–131. https://doi.org/10.30587/innovation.v4i2.6878
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