Proceedings of the 1st International Conference on Sustainable Management and Innovation, ICoSMI 2020, 14-16 September 2020, Bogor, West Java, Indonesia

Research Article

Effect of Credit Sales and Accounts Receivable Control Against Operating Profit In Television Republic Indonesian (TVRI)

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  • @INPROCEEDINGS{10.4108/eai.14-9-2020.2304370,
        author={Muhammad Ryan Fahlevi and David Ahmad Yani},
        title={Effect of Credit Sales and Accounts Receivable Control Against Operating Profit In Television Republic Indonesian (TVRI)},
        proceedings={Proceedings of the 1st International Conference on Sustainable Management and Innovation, ICoSMI 2020, 14-16 September 2020, Bogor, West Java, Indonesia},
        publisher={EAI},
        proceedings_a={ICOSMI},
        year={2021},
        month={5},
        keywords={accounts receivable credit sales operating profit tvri},
        doi={10.4108/eai.14-9-2020.2304370}
    }
    
  • Muhammad Ryan Fahlevi
    David Ahmad Yani
    Year: 2021
    Effect of Credit Sales and Accounts Receivable Control Against Operating Profit In Television Republic Indonesian (TVRI)
    ICOSMI
    EAI
    DOI: 10.4108/eai.14-9-2020.2304370
Muhammad Ryan Fahlevi1,*, David Ahmad Yani1
  • 1: State Islamic Institute (IAIN) Metro
*Contact email: ryanfahlevi2017@gmail.com

Abstract

This study aims to determine the effect of credit sales and accounts receivable turnover to increase operating profit. The data used are the LPP-TVRI monthly balance sheet and income statement for the years 2017-2019. The data analysis technique in this study used multiple linear regression to see the coefficients of F, R, R2, and t. All calculations were performed using SPSS v.20. Based on test results credit sales as measured by the ratio of the amount of credit sales with the number of consumers who do credit has a positive effect on operating profit. In addition, accounts receivable control test results as measured by the ratio that measures how many times on average receivables successfully billed in one period had a positive effect on operating profit. The practical implication of this research is that the Central LPP Television of the Republic of Indonesia (TVRI) Supervisory Board should implement policies related to uncollectible accounts so as not to cause problems, such as fines imposed on late payment partners. The Supervisory Board of the Central LPP TVRI is expected to be able to implement a financial feasibility policy for consumers who will order advertising credits.