Abstract:
This research was conducted in February 2016 through July 2016 in the city of
Makassar, given PT Semen Bosowa Maros is a company engaged in the manufacture or
production of cement is taken into account in Indonesia, especially in eastern Indonesia..
Giving receivables means the company provides an opportunity to obtain funds
rotating more profit. Free settlement of accounts receivable into cash back is called the
accounts receivable turnover. The level of accounts receivable turnover for each company
was also affected by an average of collecting receivables (Average Collection Period).
The method used is observation, interview and literature. The method of analysis
used the method of qualitative and quantitative methods to analyze financial data of
companies using financial ratios.
The results showed that (1) Turnover of receivables at PT Semen Bosowa Maros
fluctuate from year to year. (2) Profitability ratios were calculated using the Net Profit
Margin, Net Profit Margin show at PT Semen Bosowa Maros fluctuate from year to year.
(3) Peputaran receivables at PT Semen Bosowa Maros no significant effect on profitability
(profitability) of the company. This is due to the increasing amount of receivables from
year to year and not maximum Companies in controlling the receivables that have not been
able to minimize the non-collection of accounts receivable (Bad Debt), causing many funds
that invested in the form of receivables. And in PT Semen Bosowa Maros not all accounts
was the result of credit sales (sales of cement) Instead, most of the receivables occurs
because PT Semen Bosowa Maros provide loans or assistance to companies under the
auspices of Bosowa coorperation.