ANALYSIS OF RECEIVABLES FOR PROFITABILITY AT SAHID JAYA HOTEL INTERNATIONAL, TBK IN THE INDONESIA STOCK EXCHANGE

Abstract

ABSTRACT
The research objectives are: 1) To find out and analyze the receivable turnover rate and
profitability value at Sahid Jaya International Hotel, Tbk on the Indonesia Stock Exchange.
Data sources are secondary data which is data obtained from Sahid Jaya International, Tbk
Hotel documents on the Indonesia Stock Exchange in the form of financial financial statements
in the form of financial position reports and comprehensive income reports.
The results of the research show that 1) the accounts receivable turnover of Sahid Jaya
International, Tbk hotels in the Indonesia Stock Exchange is in good condition. The results of
the analysis on the activity ratio include increasing receivable turnover, 2) The average
collection age of accounts receivable showing the accounts of Sahid Jaya International, Tbk in
the Indonesia Stock Exchange in 2016 to 2017 is in a good condition because it has decreased
every year and accelerate receivables into company cash, and 3) The results of the analysis on
profitability ratios show that the profitability conditions of Sahid Jaya International, Tbk Hotels
in the Indonesia Stock Exchange in 2016 to 2017 have increased every year, this means the
company has succeeded in obtaining profit.