{"id":"https://openalex.org/W2897189664","doi":"https://doi.org/10.21009/jobbe.002.1.05","title":"The Effect Of Working Capital Management To Financial Performance Of The Company In Manufacturing Sector Listed In Indonesia Stock Exchange (Idx) Pe-riod 2013-2016","display_name":"The Effect Of Working Capital Management To Financial Performance Of The Company In Manufacturing Sector Listed In Indonesia Stock Exchange (Idx) Pe-riod 2013-2016","publication_year":2018,"publication_date":"2018-06-27","ids":{"openalex":"https://openalex.org/W2897189664","doi":"https://doi.org/10.21009/jobbe.002.1.05","mag":"2897189664"},"language":"en","primary_location":{"id":"doi:10.21009/jobbe.002.1.05","doi":"https://doi.org/10.21009/jobbe.002.1.05","is_oa":true,"landing_page_url":"https://doi.org/10.21009/jobbe.002.1.05","pdf_url":"http://journal.unj.ac.id/unj/index.php/jobbe/article/download/8575/5930","source":{"id":"https://openalex.org/S4210169537","display_name":"Journal of Business and Behavioural Entrepreneurship","issn_l":"2580-0272","issn":["2580-0272"],"is_oa":true,"is_in_doaj":true,"is_core":false,"listed_in":["doaj"],"host_organization":"https://openalex.org/P4310315236","host_organization_name":"Jakarta State University","host_organization_lineage":["https://openalex.org/P4310315236"],"host_organization_lineage_names":["Jakarta State University"],"type":"journal"},"license":"cc-by-nc-sa","license_id":"https://openalex.org/licenses/cc-by-nc-sa","version":"publishedVersion","is_accepted":true,"is_published":true,"raw_source_name":"Journal of Business and Behavioural Entrepreneurship","raw_type":"journal-article"},"volume":null,"type":"article","is_traditional":true,"indexed_in":["crossref","doaj"],"open_access":{"is_oa":true,"oa_status":"diamond","oa_url":"http://journal.unj.ac.id/unj/index.php/jobbe/article/download/8575/5930","any_repository_has_fulltext":true},"authorships":[{"author_position":"first","author":{"id":"https://openalex.org/A5072350392","display_name":"Sarah Maysuri","orcid":null,"observed_orcids":[]},"institutions":[{"id":"https://openalex.org/I3133421993","display_name":"State University of Jakarta","ror":"https://ror.org/01hgg7b81","country_code":"ID","type":"education","lineage":["https://openalex.org/I3133421993"]}],"countries":["ID"],"is_corresponding":false,"raw_author_name":"Sarah Maysuri","raw_affiliation_strings":["Faculty of Economics, Universitas Negeri Jakarta"],"raw_orcid":null,"affiliations":[{"raw_affiliation_string":"Faculty of Economics, Universitas Negeri Jakarta","institution_ids":["https://openalex.org/I3133421993"]}]},{"author_position":"last","author":{"id":"https://openalex.org/A5067278705","display_name":"Sholatia Dalimunthe","orcid":"https://orcid.org/0009-0003-5204-5753","observed_orcids":["https://orcid.org/0009-0003-5204-5753"]},"institutions":[{"id":"https://openalex.org/I3133421993","display_name":"State University of Jakarta","ror":"https://ror.org/01hgg7b81","country_code":"ID","type":"education","lineage":["https://openalex.org/I3133421993"]}],"countries":["ID"],"is_corresponding":false,"raw_author_name":"Sholatia Dalimunthe","raw_affiliation_strings":["Faculty of Economics, Universitas Negeri Jakarta"],"raw_orcid":null,"affiliations":[{"raw_affiliation_string":"Faculty of Economics, Universitas Negeri Jakarta","institution_ids":["https://openalex.org/I3133421993"]}]}],"institutions":[],"countries_distinct_count":1,"institutions_distinct_count":1,"corresponding_author_ids":[],"corresponding_institution_ids":["https://openalex.org/I3133421993"],"apc_list":null,"apc_paid":null,"fwci":0.7585,"has_fulltext":true,"cited_by_count":10,"citation_normalized_percentile":{"value":0.79644859,"is_in_top_1_percent":false,"is_in_top_10_percent":false},"cited_by_percentile_year":{"min":87,"max":97},"biblio":{"volume":"2","issue":"1","first_page":"40","last_page":"50"},"is_retracted":false,"is_paratext":false,"is_xpac":false,"primary_topic":{"id":"https://openalex.org/T12544","display_name":"Working Capital and Financial Performance","score":1.0,"subfield":{"id":"https://openalex.org/subfields/1402","display_name":"Accounting"},"field":{"id":"https://openalex.org/fields/14","display_name":"Business, Management and Accounting"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}},"topics":[{"id":"https://openalex.org/T12544","display_name":"Working Capital and Financial Performance","score":1.0,"subfield":{"id":"https://openalex.org/subfields/1402","display_name":"Accounting"},"field":{"id":"https://openalex.org/fields/14","display_name":"Business, Management and Accounting"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}},{"id":"https://openalex.org/T10328","display_name":"Supply Chain and Inventory Management","score":0.0,"subfield":{"id":"https://openalex.org/subfields/1803","display_name":"Management Science and Operations Research"},"field":{"id":"https://openalex.org/fields/18","display_name":"Decision Sciences"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}},{"id":"https://openalex.org/T12123","display_name":"Financial Analysis and Corporate Governance","score":0.0,"subfield":{"id":"https://openalex.org/subfields/1402","display_name":"Accounting"},"field":{"id":"https://openalex.org/fields/14","display_name":"Business, Management and Accounting"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}}],"keywords":[{"id":"https://openalex.org/keywords/working-capital-management","display_name":"working capital management","score":1.0},{"id":"https://openalex.org/keywords/financial-performance","display_name":"financial performance","score":0.9890000224113464},{"id":"https://openalex.org/keywords/manufacturing-firms","display_name":"manufacturing companies","score":0.7239999771118164},{"id":"https://openalex.org/keywords/indonesia-stock-exchange","display_name":"Indonesia Stock Exchange","score":0.8190000057220459},{"id":"https://openalex.org/keywords/working-capital-turnover","display_name":"working capital turnover","score":0.8629999756813049},{"id":"https://openalex.org/keywords/cash-ratio","display_name":"cash ratio","score":0.9449999928474426},{"id":"https://openalex.org/keywords/cash-conversion-cycle","display_name":"cash conversion cycle","score":1.0},{"id":"https://openalex.org/keywords/receivables-turnover","display_name":"receivables turnover","score":0.9710000157356262},{"id":"https://openalex.org/keywords/inventory-turnover","display_name":"inventory turnover","score":1.0},{"id":"https://openalex.org/keywords/return-on-assets","display_name":"return on assets","score":0.8840000033378601},{"id":"https://openalex.org/keywords/tobin-s-q","display_name":"Tobin's Q","score":0.9610000252723694},{"id":"https://openalex.org/keywords/firm-size","display_name":"firm size","score":0.7829999923706055},{"id":"https://openalex.org/keywords/profitability","display_name":"profitability","score":0.6370000243186951},{"id":"https://openalex.org/keywords/market-value","display_name":"market value","score":0.8840000033378601}],"concepts":[{"id":"https://openalex.org/C202451310","wikidata":"https://www.wikidata.org/wiki/Q328554","display_name":"Accounts receivable","level":2,"score":0.7530257701873779},{"id":"https://openalex.org/C60679458","wikidata":"https://www.wikidata.org/wiki/Q823288","display_name":"Working capital","level":2,"score":0.644717812538147},{"id":"https://openalex.org/C144133560","wikidata":"https://www.wikidata.org/wiki/Q4830453","display_name":"Business","level":0,"score":0.6330361366271973},{"id":"https://openalex.org/C199226685","wikidata":"https://www.wikidata.org/wiki/Q1800351","display_name":"Inventory turnover","level":3,"score":0.6071687936782837},{"id":"https://openalex.org/C200870193","wikidata":"https://www.wikidata.org/wiki/Q11691","display_name":"Stock exchange","level":2,"score":0.5518435835838318},{"id":"https://openalex.org/C129361004","wikidata":"https://www.wikidata.org/wiki/Q2470236","display_name":"Profitability index","level":2,"score":0.5375743508338928},{"id":"https://openalex.org/C110000284","wikidata":"https://www.wikidata.org/wiki/Q1499557","display_name":"Cash conversion cycle","level":4,"score":0.5197524428367615},{"id":"https://openalex.org/C27574286","wikidata":"https://www.wikidata.org/wiki/Q320723","display_name":"Variables","level":2,"score":0.4823026657104492},{"id":"https://openalex.org/C6422946","wikidata":"https://www.wikidata.org/wiki/Q857354","display_name":"Panel data","level":2,"score":0.46028628945350647},{"id":"https://openalex.org/C153240184","wikidata":"https://www.wikidata.org/wiki/Q3243772","display_name":"Control variable","level":2,"score":0.43392664194107056},{"id":"https://openalex.org/C2780148112","wikidata":"https://www.wikidata.org/wiki/Q1432581","display_name":"Proxy (statistics)","level":2,"score":0.42574816942214966},{"id":"https://openalex.org/C2778083465","wikidata":"https://www.wikidata.org/wiki/Q693464","display_name":"Cash","level":2,"score":0.3620869517326355},{"id":"https://openalex.org/C149782125","wikidata":"https://www.wikidata.org/wiki/Q160039","display_name":"Econometrics","level":1,"score":0.35046613216400146},{"id":"https://openalex.org/C10138342","wikidata":"https://www.wikidata.org/wiki/Q43015","display_name":"Finance","level":1,"score":0.30341124534606934},{"id":"https://openalex.org/C166819830","wikidata":"https://www.wikidata.org/wiki/Q2025903","display_name":"Operating cash flow","level":3,"score":0.2687153220176697},{"id":"https://openalex.org/C162324750","wikidata":"https://www.wikidata.org/wiki/Q8134","display_name":"Economics","level":0,"score":0.23139995336532593},{"id":"https://openalex.org/C33923547","wikidata":"https://www.wikidata.org/wiki/Q395","display_name":"Mathematics","level":0,"score":0.1291571855545044},{"id":"https://openalex.org/C105795698","wikidata":"https://www.wikidata.org/wiki/Q12483","display_name":"Statistics","level":1,"score":0.10927832126617432}],"mesh":[],"locations_count":2,"locations":[{"id":"doi:10.21009/jobbe.002.1.05","doi":"https://doi.org/10.21009/jobbe.002.1.05","is_oa":true,"landing_page_url":"https://doi.org/10.21009/jobbe.002.1.05","pdf_url":"http://journal.unj.ac.id/unj/index.php/jobbe/article/download/8575/5930","source":{"id":"https://openalex.org/S4210169537","display_name":"Journal of Business and Behavioural Entrepreneurship","issn_l":"2580-0272","issn":["2580-0272"],"is_oa":true,"is_in_doaj":true,"is_core":false,"listed_in":["doaj"],"host_organization":"https://openalex.org/P4310315236","host_organization_name":"Jakarta State University","host_organization_lineage":["https://openalex.org/P4310315236"],"host_organization_lineage_names":["Jakarta State University"],"type":"journal"},"license":"cc-by-nc-sa","license_id":"https://openalex.org/licenses/cc-by-nc-sa","version":"publishedVersion","is_accepted":true,"is_published":true,"raw_source_name":"Journal of Business and Behavioural Entrepreneurship","raw_type":"journal-article"},{"id":"pmh:oai:doaj.org/article:f801a32993ab43b4a6080ce4bd0b9dc8","doi":null,"is_oa":true,"landing_page_url":"https://doaj.org/article/f801a32993ab43b4a6080ce4bd0b9dc8","pdf_url":null,"source":{"id":"https://openalex.org/S4306401280","display_name":"DOAJ (DOAJ: Directory of Open Access Journals)","issn_l":null,"issn":null,"is_oa":false,"is_in_doaj":false,"is_core":false,"listed_in":[],"host_organization":null,"host_organization_name":null,"host_organization_lineage":[],"host_organization_lineage_names":[],"type":"repository"},"license":"cc-by-sa","license_id":"https://openalex.org/licenses/cc-by-sa","version":"submittedVersion","is_accepted":false,"is_published":false,"raw_source_name":"Journal of Business and Behavioural Entrepreneurship, Vol 2, Iss 1, Pp 40-50 (2018)","raw_type":"article"}],"best_oa_location":{"id":"doi:10.21009/jobbe.002.1.05","doi":"https://doi.org/10.21009/jobbe.002.1.05","is_oa":true,"landing_page_url":"https://doi.org/10.21009/jobbe.002.1.05","pdf_url":"http://journal.unj.ac.id/unj/index.php/jobbe/article/download/8575/5930","source":{"id":"https://openalex.org/S4210169537","display_name":"Journal of Business and Behavioural Entrepreneurship","issn_l":"2580-0272","issn":["2580-0272"],"is_oa":true,"is_in_doaj":true,"is_core":false,"listed_in":["doaj"],"host_organization":"https://openalex.org/P4310315236","host_organization_name":"Jakarta State University","host_organization_lineage":["https://openalex.org/P4310315236"],"host_organization_lineage_names":["Jakarta State University"],"type":"journal"},"license":"cc-by-nc-sa","license_id":"https://openalex.org/licenses/cc-by-nc-sa","version":"publishedVersion","is_accepted":true,"is_published":true,"raw_source_name":"Journal of Business and Behavioural Entrepreneurship","raw_type":"journal-article"},"sustainable_development_goals":[{"score":0.833299994468689,"id":"https://metadata.un.org/sdg/8","display_name":"Decent work and economic growth"}],"study_designs":[],"awards":[],"funders":[],"has_content":{"pdf":true,"grobid_xml":true},"content_urls":{"pdf":"https://content.openalex.org/works/W2897189664.pdf","grobid_xml":"https://content.openalex.org/works/W2897189664.grobid-xml"},"referenced_works_count":19,"referenced_works":["https://openalex.org/W1519066213","https://openalex.org/W1571941258","https://openalex.org/W1588030295","https://openalex.org/W1594667865","https://openalex.org/W1814517080","https://openalex.org/W1851372498","https://openalex.org/W2023116748","https://openalex.org/W2174503775","https://openalex.org/W2279390118","https://openalex.org/W2284030319","https://openalex.org/W2322267894","https://openalex.org/W2556021925","https://openalex.org/W2583323939","https://openalex.org/W2600386166","https://openalex.org/W2613383461","https://openalex.org/W2763209187","https://openalex.org/W2768097179","https://openalex.org/W2949558225","https://openalex.org/W7032873972"],"related_works":["https://openalex.org/W7221202176","https://openalex.org/W3039844007","https://openalex.org/W3048529991","https://openalex.org/W2923438561","https://openalex.org/W3196383643","https://openalex.org/W2531729223","https://openalex.org/W4315705121","https://openalex.org/W2561334128","https://openalex.org/W4398141612","https://openalex.org/W2898131180"],"abstract_inverted_index":{"This":[0],"study":[1],"aims":[2],"to":[3,116,132],"determine":[4],"the":[5,38,62,65,154,165],"effect":[6,97,137,152,158],"of":[7,44,121],"working":[8],"capital":[9],"management":[10],"proxied":[11],"by":[12],"5":[13],"independent":[14],"variables,":[15,127],"namely":[16],"Working":[17],"Capital":[18],"Turnover":[19,31,35],"(WCT),":[20],"Cash":[21,25],"Ratio":[22],"(Csh":[23],"R),":[24],"Conversion":[26],"Cycle":[27],"(CCC),":[28],"Account":[29],"Receivable":[30],"(ARTO),":[32],"and":[33,46,80,91,145,153],"Inventory":[34],"(ITO)":[36,129,146],"on":[37,61,98,159],"company's":[39],"financial":[40],"performance":[41],"in":[42,57,119,164],"terms":[43,120],"profitability":[45],"market":[47,123],"value":[48,124],"which":[49,130],"is":[50,72],"equipped":[51],"with":[52,101,105],"Firm":[53,108],"Size":[54,109],"control":[55,110,126,140],"variables":[56,141],"manufacturing":[58,162],"companies":[59,163],"listed":[60],"IDX":[63],"for":[64],"2013-2016":[66,166],"period.":[67,167],"The":[68,84],"research":[69],"method":[70],"used":[71],"panel":[73],"data":[74],"regression":[75],"using":[76,125],"Random":[77],"Effects":[78,82],"Model":[79],"Fixed":[81],"Model.":[83],"results":[85,113],"showed":[86],"that":[87,143],"only":[88,128],"Csh":[89],"R":[90],"CCC":[92],"had":[93,148,156],"a":[94,134,149],"significant":[95,135,150],"positive":[96,136,151],"Financial":[99,117,160],"Performance":[100,118,161],"ROA":[102],"proxy":[103],"either":[104],"or":[106],"without":[107,139],"variables.":[111],"Different":[112],"when":[114],"compared":[115],"Tobin's":[122],"proved":[131],"have":[133],"but":[138],"found":[142],"(ARTO)":[144],"also":[147],"rest":[155],"no":[157]},"counts_by_year":[{"year":2026,"cited_by_count":3},{"year":2025,"cited_by_count":2},{"year":2024,"cited_by_count":3},{"year":2022,"cited_by_count":1},{"year":2021,"cited_by_count":1}],"updated_date":"2026-11-07T11:25:07.637180","created_date":"2018-10-26T00:00:00"}
