Financial Performance Analysis Using Inventory Turn Over Ratio, Receivable Turn Over Ratio, and Fixed Asset Turn Over Ratio

Main Article Content

Desta Riany
Nor Norisanti
Kokom Komariah


In the cement sub-sector company on the Indonesia Stock Exchange from 2015 to 2018 cement sales increased but the profits that were earned always decreased. Activities in the company have an important role so that the company's financial performance is in good condition. The purpose of this study is to determine the company's financial performance in terms of its activities. The research method used is quantitative. The data analysis technique used is horizontal analysis with inventory turnover ratio, receivable turnover ratio, and fixed asset turnover ratio. The result of this research is that the decline in the company's financial performance is seen from inventory turnover, receivable turnover, and fixed asset turnover.

Article Details



Agus Harjito dan Martono. (2011). Manajemen Keuangan. Yogyakarta: Ekonisia.

Anum, F. dan, & Basri, M. (2014). Jurnal Riset Akuntansi dan Bisnis, 14(2), 176–187.

BKPM. (n.d.). Badan Koordinasi Penanaman Modal (BKPM). Retrieved July 23, 2020, from

Fahmi, I. (2014). Analisis Kinerja Keuangan. Bandung: Alfabeta.

Hery. (2015). Analisis Laporan Keuangan. Yogyakarta: CAPS (Capital for Academic Publishing Service).

IDX. (n.d.). PT Bursa Efek Indonesia. Retrieved July 23, 2020, from

Kasmir. (2013). Analisis Laporan Keuangan. Jakarta: PT Rajagrafindo Persada.

Nurhayati, S. (2017). Peranan Manajemen Keuangan dalam. IV(1), 85–94.