PT Indofood Sukses Makmur Research Articles

The Effect of Working Capital, Sales, and Cash Ratio on Profitability

This study aims to analyze the effect of working capital, sales, and cash ratio on profitability at PT Indofood CBP Sukses Makmur during 2016-2020, using secondary data from the company's financial statements and multiple linear regression methods with Eviews. In 2017, the company's net profit decreased due to costs associated with launching new products to compete in the market. Nevertheless, product demand continued to grow among local and international customers, leading to an increase in working capital for marketing efforts. This study uses quantitative data from the financial statements of PT Indofood Sukses Makmur, analyzed using multiple linear regression to test the effect of working capital, sales, and cash ratio on profitability. The results of the study indicate that working capital does not have a significant impact on profitability due to ineffective turnover, in line with previous studies by Meidiyustiani (2016) and others. Sales have a negative impact on profitability, with high sales not covering the increase in operating costs. The cash ratio has a positive impact on profitability, although the impact is not significant, indicating that cash management is important but not the main driver of profit. Overall, this study shows that efficient use of working capital and cost management are key factors in increasing profitability.

Pengaruh Perputaran Kas dan Perputaran Piutang dalam Meningkatkan Laba Bersih

The primary goal of this research is to analyse how PT Indofood Sukses Makmur Tbk's cash turnover and receivables affect the company's capacity to increase net profit. This quantitative study made use of SPSS 24 and multiple linear regression analysis. There is no correlation between partial cash turnover and increased net profit, according to the results of the partial cash turnover test, which had a significance value of 0.17 > 0.05. The accounts receivable turnover significance value of 0.74 > 0.05 shows that the relatively small influence on raising net profit is evident. Since both cash turnover and accounts receivable turnover are 0.07 > 0.05 in the simultaneous test, it follows that X1 and X2 do not concurrently impact Y in a substantial way.

Analysis of Financial Statements to Assess Financial Performance of Food and Beverage Industry Companies on the Indonesia Stock Exchange

Financial performance assessments are based on increased sales. This can be reflected in a report, a report that describes the development of the company's financial performance in a certain period. These reports are commonly called financial statements. In order for financial statements to be meaningful to interested parties, it is necessary to conduct a relationship analysis of the posts in the financial statements, which is often called financial statement analysis. The purpose of this study is to find out how the financial performance of PT. Sentra Food Indonesia Tbk, PT Mayora Indah Tbk, and PT Indofood Sukses Makmur Tbk based on an analysis of liquidity, solvency, and profitability ratios. The data analysis method used is a quantitative descriptive method using the measurement of liquidity, solvency, and profitability ratios. The results of the study show that financial performance in terms of liquidity as measured by the Current Ratio during the pandemic there was a decline in performance at PT. Sentra Food Indonesia, while in terms of solvency and profitability, the value of debt to equity ratio and return on equity of the three companies tends to fluctuate from year to year.

Analisis Faktor-faktor Optimalisasi Laba Bersih

This research was conducted at PT. Indofood Sukses Makmur Tbk which is located in Jakarta. This research aims to identify and analyze factors and efforts in optimizing net profit. This research is qualitative research with a descriptive approach. This research uses documentation as a procedure for collecting data. The conclusion obtained from this research is that the factors that influence the optimization of PT's net profit Indofood Sukses Makmur Tbk is sales and costs. Where, sales are one of the revenues for the company which can increase the optimization of net profit. Meanwhile, costs that can influence the optimization of a company's net profit are all costs incurred by the company. Meanwhile, efforts can be made to optimize net profit by PT Indofood Sukses Makmur Tbk is by increasing sales and controlling the costs incurred by the company, especially costs which continue to experience high increases from year to year.

Analisis Manajemen Operasional Sumber Daya & Proses Produksi

PT Indofood Sukses Makmur Tbk is a company engaged in the production of various types of food and beverages. In an effort to improve the efficiency and effectiveness of its operational activities, PT Indofood has implemented various operational strategies. This analysis discusses the implementation of PT Indofood Sukses Makmur Tbk's operational strategies including the use of the Just In Time system, ABC analysis, vendor-managed inventory, and inventory management software. The results show that PT Indofood's operational strategies are effective in improving the efficiency and effectiveness of its operational activities. In this way, the company can reduce the risk of stock-outs or excess inventory and improve the quality of its products.

The Influence of Working Capital Turnover and Net Profit Margin (NPM) on Return on Asset (ROA) at PT Indofood Sukses Makmur Tbk (Case Study Listed on the Indonesia Stock Exchange for the 2015-2022 Period)

Researchers aim to determine the influence of Working Capital Turnover and NPM on Return On Assets. The object of this research was carried out at PT Indofood Sukses Makmur Tbk, with this type of research using a quantitative approach with an associative descriptive approach. Secondary data was collected from financial reports for 8 years, from 2015 to 2022, divided into 3 months. For data research, documentation techniques are used. The 2015–2022 financial reports are the subject of this research. A purposive sampling method was used. Next, the data for analysis is used through the classic assumption test, which consists of four tests: heteroscedasticity, normality, multicollinearity, and autocorrelation as a correlation study; analysis of the coefficient of determination; linear regression; and simultaneous and partial hypothesis testing. The research results show that working capital turnover partially and significantly has a negative effect on Return On Assets in the 2015–2022 period of PT Indofoood Sukses Makmur Tbk, while net profit margin has no effect on Return On Assets. On the other hand, working capital turnover and net profit margin simultaneously influence Return On Assets. Influential assets

Analysing the Condition of PT Indofood Sukses Makmur Tbk During 2020-2022

During the period 2020 to 2022, the financial reports reported by PT Indofood Sukses Makmur Tbk illustrate that this company was able to survive during the pandemic when almost all companies experienced a decline in turnover, so that quite a few companies went out of business. A company's resilience in maintaining financial performance greatly influences the company's condition so that it remains viable and stable when the country's economy is not doing well. The aim of this research is to determine the condition of the company PT Indofood Sukses Makmur Tbk in the 2020-2022 period using descriptive quantitative research. The problem formulation in this research is the condition of PT Indofood Sukses Makmur Tbk based on ratio analysis, comparison ratio, common size ratio, time series ratio and bankruptcy ratio. The research results show that the ratio analysis shows that the company has more internal cash compared to other current assets. This cash was obtained from short-term and long-term bank loans as well as bonds payable. For the activity ratio, it is indicated that the company is experiencing problems in collecting receivables from its colleagues. For the profitability ratio, the company has not been able to generate profits in accordance with industry standards. Regarding the comparison ratio, in general the comparison value during the research period decreased, as did the time series ratio which experienced a decrease. Meanwhile, in the bankruptcy ratio, the company is indicated as bankrupt but is experiencing a slow increase.

Analysis of the Implementation of Good Corporate Governance in Food Companies: PT. Indofood Success Makmur

PT Indofood Sukses Makmur, a renowned Indonesian food manufacturer, is assessed for Good Corporate Governance (GCG) compliance. The company has grown and transformed over the past two decades, becoming a major food industry participant. Indofood understands the relevance of GCG principles for openness, accountability, and stakeholder value despite its success. This study finds Indofood's GCG principles—transparency, responsibility, accountability, independence, and fairness—strong through literature and company actions. However, financial disclosures and sustainability efforts might be more transparent, accountability systems strengthened, and workplace culture more inclusive and varied. The research recommends that Indofood improve its governance procedures through constant monitoring and improvement to sustain stakeholder confidence and navigate the changing consumer food market.

Analisis Teknikal Menggunakan Moving Average (MA), Moving Average Convergence-Divergence (MACD), dan Relative Strength Index (RSI) Untuk Mengoptimalkan Dalam Pengambilan Keputusan Investasi Pada Saham Sektor Manufaktur Index LQ45 BEI Tahun 2022-2023

This research examines technical stock analysis techniques for six manufacturing sector companies listed on the Indonesia Stock Exchange for the 2022–2023 period, using the Moving Average (MA), Moving Average Convergence and Divergence (MACD) and Relative Strength Index (RSI) indicators. . Astra International Tbk (ASII), PT Indofood Sukses Makmur Tbk (INDF), PT Indofood CBP Sukses Makmur Tbk (ICBP), PT Semen Indonesia Persero Tbk (SMGR), PT Indah Kiat Pulp & Paper Tbk (INKP), and PT Kalbe Farma Tbk (KLBF) are some of them. The analysis was conducted using charts from the stockbit.com website to evaluate the accuracy of signals and the investment performance of these three indicators. The research results indicate that RSI has the highest signal accuracy rate, namely 92%, while MA and MACD have accuracy rates of approximately 58% and 55%, respectively. Despite MACD producing more signals, RSI remains accurate with fewer signals. In terms of return on investment, RSI achieved a total return of 238%, followed by MACD with a total return of 161%, and MA with a total return of 101%. RSI proves to be a reliable indicator by generating positive returns without any negative returns on the studied stocks. In conclusion, RSI is the primary choice in making investment decisions in the manufacturing sector stocks on the Indonesia Stock Exchange due to its accuracy and positive investment returns. However, MA remains useful for trend analysis, and investors are advised to pay attention to the entire stock market, consider additional indicators, and have sufficient understanding of technical analysis. For future research, it is recommended to consider other sectors and a broader range of indicators.

Pengaruh Current Ratio Dan Working Capital Turnover Terhadap Net Profit Margin Pada PT Indofood Sukses Makmur Tbk Periode 2010-2022

The purpose of this study was to determine the effect of Current ratio and Working Capital Turnover on Net Profit Margin at PT Indofood Sukses Makmur Tbk for period 2010-2022. The method used is a quantitative method. The sampling technique used is purposive sampling in the form of the financial statements of PT Indofood Sukses Makmur Tbk for 13 years for the period 2010-2022 The method used in this study is a quantitative research method. This data was analyzed using multiple linear regression analysis which was processed through IBM Eviews software version 13. The results of this study are the Current Ratio has significant effect on Net Profit Margin with and hypothesis testing is obtained t count > t table or (2,927371 > 1,8125). Working Capital Turnover has significant effect on Net Profit Margin with hypothesis testing obtained t count > t table or (3,136072 > 1,8125). Hypothesis test obtained value of F arithmetic > F table or (11,73981 > 4,10), Current Ratio and Working Capital Turnover have significant effect on Net Profit Margin with the regression equation Y = -0.008184 + 0.105778(CR) + 0.066761(WCT) + ɛ. The value of the coefficient of determination is 78,16% while the remaining 21,84% is influenced by other factors.

COMPARATIVE ANALYSIS OF FINANCIAL PERFORMANCE BASED ON LIQUIDITY RATIO AND PROFITABILITY RATIO

This study aims to analyze the comparison of financial performance based on liquidity and profitability ratios. This research uses the Quantitative Descriptive method, namely by collecting, processing, analyzing and presenting data descriptively with samples of financial statements of PT. Indofood Sukses Makmur, Tbk (INDF) and PT. Mayora, Tbk (MYOR) in 2021-2022. From the analysis we have done, INDF and MYOR have no difficulty in paying off their short-term debt obligations. Profitability ratio of PT. Indofood Sukses Makmur, Tbk in 2020 to 2021 decreased and PT Mayora, Tbk in 2020 to 2021 increased, and in the calculation of ROA and ROE at PT. Indofood Sukses Makmur, Tbk showed a decrease in 2021–2022 while PT Mayora, Tbk experienced an increase. This means that there is an increase in management performance of PT Mayora, Tbk but there needs to be an increase in management performance at PT Indofood Sukses Makmur Tbk.

The Implementation of Asean Corporate Governance Scorecard on the Consumer Goods Industry: The Case of PT Unilever Indonesia Tbk. and PT Indofood Sukses Makmur Tbk.

Global economic outlook is increasingly worrying due to war, crisis and pandemic. During globalization, several countries are integrated to compete to develop and formulate economic areas that can compete and have selling points in the world market. ASEAN then formed a forum called the ASEAN Capital Market Forum (ACMF). In this forum, the ASEAN Corporate Governance Scorecard (ACGS) was created with the hope that it could be a solution to implementing Good Corporate Governance practices and increasing information transparency to the public. This research aims to analyze the implementation of the ACGS criteria in the two consumer goods companies that is included in the 50 companies with the largest capitalization in Indonesia, namely PT Unilever Indonesia Tbk. and PT Indofood Sukses Makmur Tbk. This research uses a qualitative method. The data analysis technique used is document content review. The data analysis procedure was carried out by classifying data and calculating weights using formulas for knowing the condition of ACGS implementation in each company. The result shows that implementation of the ASEAN Corporate Governance Scorecard which has been carried out at PT Unilever Indonesia Tbk. acquires a 80.7 score, while at PT Indofood Sukses Makmur Tbk. acquires a 62.6 score.

Implementation of Objective Matrix and Root Cause Analysis for Productivity Analysis PT. Indomarco Adi Prima SP Deket Lamongan

PT Indomarco Adi Prima Stock Point Deket Lamongan is one of the business units of PT Indofood Sukses Makmur Tbk, which distributes consumer products. The company has 300 outlets in grocery stores and modern stores with a distribution target of 30 outlets for each salesman in a day. However, in its implementation, the target is only sometimes achieved. Other problems, such as product delivery errors and delivery delays, occur frequently. This research aims to analyze the company's productivity level using the Objective Matrix (OMAX) method. Productivity measurement also involves the Analytical Hierarchy Process (AHP) method in determining the weight of each ratio. Based on the calculation of productivity during the measurement period from January 2022 to December 2022 using Objective Matrix (OMAX), the results obtained are productivity index values that decreased during the measurement period, namely February (-4,75%), March (-3.90%), May (-17.48%), June (-11.92%), July (-31.28%), and October (-7.04%). Then, based on the results of productivity indicator analysis, it is known which ratio indicator has the lowest value and causes the productivity index to fall, namely ratio 1, ratio 2, ratio 5, ratio 6, and ratio 7. The decrease in productivity index based on Root Cause Analysis (RCA) using fishbone diagram tools due to no heat reducer, no computer and truck maintenance schedule, less communication between employees, travel time estimation is not good, attendance system updates are not carried out, limited warehouse area, high work intensity, no instructions for the preparation of goods in the warehouse area, stock goods arrive late, rainy season, road repairs, no periodic checks, and unpredictable road conditions.

Kepemilikan Manajerial Terhadap Kinerja Keuangan PT Indofood Sukses Makmur Pada Bursa Efek Indonesia

PT Indofood Sukses Makmur is a public company listed on the Indonesia Stock Exchange. One factor that can influence a company's financial performance is managerial ownership. The aim is to provide a holistic understanding of the relationship between managerial ownership interacting with the financial performance of a company and understand the factors that may or may limit the impact. The descriptive method for analyzing managerial ownership of the financial performance of PT Indofood Sukses Makmur on the Indonesia Stock Exchange can involve calculating certain formulas below. managerial ownership (km)(Number of managerial ownership shares)/(Number of outstanding shares) X 100%. Based on the results of the calculations above regarding managerial ownership in 2022 at PT. Indofood Sukses Makmur Tbk, namely the number of managerial ownership shares is 1,380,020 and the number of outstanding shares is 8,780,426,500, so the result of the number of managerial ownership shares and the number of outstanding shares is 0.00015717. The discussion regarding managerial ownership of financial performance includes an analysis of the impact of managerial share ownership by management on the company's financial performance. Conclusion regarding managerial ownership at PT Indofood Sukses Makmur can have a positive impact on the company's financial performance.

Dampak Pelaporan Keberlanjutan Terhadap Kinerja Dan Nilai Perusahaan (Studi Pada Perusahaan Manufaktur Industri Barang Konsumsi Sub Sektor Makanan Dan Minuman Di BEI Tahun 2022)

The purpose of this study was to determine the effect of sustainability reports on company performance and value. The Company's main objective is to generate revenue and improve the welfare of all stakeholders by pursuing a number of profit maximization strategies. However, company management must consider other factors besides the company's current strong financial performance. The business is to strengthen its environmental, social and economic pillars. This study was conducted to ascertain the impact on the performance and value of Consumer Goods Industry Manufacturing Companies in the disclosure of economic, environmental, and social performance in sustainability reporting. A purposive sampling technique was used for the sampling process and data regression analysis was used for the analysis. This study reveals that the company performance of PT Garudafood Putra Putri Jaya Tbk, PT Indofood Sukses Makmur Tbk, and PT Ultrajaya Milk Industry and Trading Company Tbk is significantly affected by the disclosure of environmental performance. In addition, the performance and value of Consumer Goods Industry Manufacturing companies are significantly influenced by the disclosure of economic, environmental, and social performance simultaneously.

Analisis Kinerja Keuangan Dengan Metode Economic Value Addes (EVA) Pada PT. Indofood Sukses Makmur Tbk. Tahun 2018-2022

One way that shareholders might evaluate financial performance is by looking at Economic Value Added (EVA). Economic Value Added (EVA) is a tool that this study intends to use to examine PT Indofood Sukses Makmur Tbk's financial performance. This study employs a quantitative approach to descriptive research. With PT Indofood Sukses Makmur Tbk as the study's subject. The quantitative data used in this study was gathered from secondary sources, including the IDX website and the yearly financial statements of PT Indofood Sukses Makmur Tbk for the years 2018–2022. Based on the data, it seems that PT Indofood Sukses Makmur Tbk. had respectable, although variable, financial success from 2018 to 2022 as measured using the Econoimic Value Added (EVA) technique. An EVA result that is positive indicates this. A good EVA shows that PTIndofood Sukses Makmur Tbk. is able to provide economical added value, the firm operates effectively, and the prosperity of shareholders grows; nonetheless, the company did achieve a negative EVA in 2022.

Analisis Rasio Keuangan untuk Menilai Kinerja Keuangan pada PT. Indofood Sukses Makmur, Tbk

This research purpose to determine the financial performance of PT Indofood Sukses Makmur, Tbk in 2018-2022 period using financial ratio analysis. The basis for assessing and achieving a company is through financial analysis so that the company can control its financial condition and create a company framework. In assessing the job prospects of a company in the past and future and assessing the achievements of a company, financial ratio analysis is used which includes liquidity ratios (current ratio), solvency ratios (debt to asset ratio), activity ratios (total asset turnover), profitability ratio (return on equity) and market ratio (earnings per share). This research is descriptive research which is studied quantitatively. The population of the research is all financial reports of PT. Indofood Sukses Makmur, Tbk is listed on the IDX in 2018-2022 period. The sample for this research is the financial position report and comprehensive income statement in 2018-2022 period. Data collection was carried out using documentation techniques. The results of this research found that the overall financial performance of PT. Indofood Sukses Makmur, Tbk in 2018-2022 period based on analysis of liquidity ratios and solvency ratios is in fairly good condition. Meanwhile, profitability ratios and market ratios are in good condition. However, regarding the activity ratio, the condition of PT. Indofood Sukses Makmur, Tbk is still not efficient so it can be said to be not good. This is due to an increase in sales and total assets during the 2018-2022 period. Based on the results of calculations and analysis of financial ratios, it can be concluded that the financial performance of PT. Indofood Sukses Makmur, Tbk in 2018-2022 period experiences growth in various aspects and profitability can increase, making the company profitable.

Analisis Laporan Keuangan Sebagai Penilaian Kinerja Keuangan PT Indofood Sukses Makmur Tbk


 Indofood Sukses Makmur Tbk is one of the largest companies in Indonesia in the food industry with its business units engaged in food management. The rapid development of PT Indofood Sukses Makmur's business activities certainly requires investors and creditors as a source of funding. Both need to analyze the company's financial statements as a reference source of company financial health information. Based on the financial reports of PT Indofood Sukses Makmur Tbk for the period 2018 to 2022 there has been an increase in fluctuations even though in 2020 to 2021 Indonesia was hit by the covid 19 pandemic. This type of research is quantitative descriptive research with data sources of PT Indofood Sukses Makmur's financial reports as of December 31 of the year 2018 to 2022. The first result, the assessment of the financial performance of PT Indofood Sukses Makmur based on analysis of liquidity ratios using the current ratio, obtained that the value of the current ratio from 2018 to 2022 experienced fluctuating conditions but was still in the very good category, namely above number 1. Second, the results solvency ratio analysis using the Debt to Asset ratio (DAR), it was found that the DAR values ​​from 2018 to 2022 were in the very good category, namely proficient under number 1. Third, profitability ratio analysis using the Return of Equity (ROE) ratio, it was found that the ROE value from 2018 to 2022 experiencing fluctuating conditions but still in the efficient category.

Analisis Rasio Keuangan Untuk Menilai Kinerja Keuangan Perusahaan

This study aims to determine the financial performance of PT Indofood Sukses Makmur Tbk for the 2020–2022 period based on financial ratio analysis. PT Indofood Sukses Makmur Tbk's financial performance can be measured using financial ratios consisting of Liquidity, Solvency, activity, and Profitability Ratios. The data analysis technique used in this study is a quantitative descriptive analysis technique, and the data used is secondary data in the form of the financial reports of PT Indofood Sukses Makmur Tbk for the 2020–2022 period obtained from the Official Website of the Indonesia Stock Exchange (IDX). The results showed that the liquidity ratio was relatively good, which could be seen from the value of the company's current ratio, quick ratio, and cash ratio. Even though the cash ratio value of PT Indofood Sukses Makmur Tbk is below 100% or 1, However, the value of the Current ratio, Quick ratio, and Cash Ratio of PT Indofood Sukses Makmur Tbk is so optimistic that it will increase every year. The solvevability Ratio of PT Indofood Sukses Makmur Tbk is classified as good because the debt-to-asset ratio (DAR) and debt-to-equity ratio (DER) values are optimistic that they will decrease, even though the DER value in 2020 and 2021 is above 100% or 1. PT Indofood's Activity Ratio Sukses Makmur Tbk is classified as good, as can be seen from the values of the Inventory Turnover Ratio, Fixed Asset Turnover Ratio, Total Asset Turnover Ratio, and Receivable Turnover Ratio, which have increased from 2020 to 2022. Although in 2022 the Inventory Turnover Ratio value will decrease due to excess inventory purchases, PT Indofood Sukses Makmur Tbk's Profitability Ratio is in a bad position, as can be seen from the proportions of PT Indofood Sukses Makmur Tbk's Net Profit Margin Ratio, Gross Profit Margin Ratio, Return on Assets (ROA), and Return on Equity (ROE) from 2021–2022, which experienced a significant decline. The percentage of impairment in 2021–2022 beats the proportion of increase in the ratio from 2020–2021.

Analisis Perbandingan ROA Dan DER PT. Indofood Sukses Makmur Tbk Dengan PT. Mayora Indah Tbk

This study aims (1) to determine whether there is a significant difference in Return On Assets (ROA) at PT. Indofood Sukses Makmur Tbk with PT. Mayora Indah Tbk, (2) To determine whether there is a significant difference in the Dept. To Equity (DER) at PT. Indofood Sukses Makmur Tbk with PT. Mayora Indah Tbk. This type of research uses a comparative method. The population used is the company's financial statements PT Indofood Sukses Makmur Tbk for 28 years and PT Mayora Indah Tbk for 32 years. The sample in this study was 7 years old using a sampling technique, namely purposive sampling. The analysis technique uses the Independent Sample T-test. Based on the results of data analysis using the Independent Sample T-test, it shows that there is a significant difference in Return On Assets (ROA) of PT. Indofood Sukses Makmur Tbk with PT. Mayora Indah Tbk and there is no significant difference in Debt To Equity (DER) PT. Indofood Sukses Makmur Tbk with PT. Mayora Indah Tbk.