Published: 2026-10-01
Analysis of Cash Turnover to Improve Company Profitability at PT Hutama Karya
DOI: 10.35870/emt.v10i4.7392
Abstract
This study aims to analyze cash turnover including cash flows from operating, investing, and financing activities and their impact on increasing profit at PT Hutama Karya (Persero). The data used in this study were derived from the consolidated financial reports of PT Hutama Karya, published by the Indonesia Stock Exchange (IDX) for the period 2020–2024. The results indicate that although operating and investing cash flows consistently recorded deficits, the company was able to maintain liquidity through external financing. Effective cash management and a structured accounting information system have proven to support financial decision-making processes that positively impact profitability, especially since 2023. Thus, the cash receipt and disbursement system serves not only as an administrative tool but also as a strategic instrument in the company’s long-term financial planning.
Keywords
Cash Turnover; Operating Cash Flow; Investment; Financing; Corporate Profit
Article Information
This article has been peer-reviewed and published in the Jurnal EMT KITA. The content is available under the terms of the Creative Commons Attribution 4.0 International License.
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Issue: Vol. 10 No. 4 (2026)
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Section: Articles
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Published: 2026-10-01
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License: CC BY 4.0
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Copyright: © 2026 Authors
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DOI: 10.35870/emt.v10i4.7392
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Amy Badriyah Siregar, Universitas Muslim Nusantara Al-Washliyah
Department of Accounting, Universitas Muslim Nusantara Al-Washliyah, Medan City, North Sumatra Province, Indonesia.
Nazwa Hadiarani, Universitas Muslim Nusantara Al-Washliyah
Department of Accounting, Universitas Muslim Nusantara Al-Washliyah, Medan City, North Sumatra Province, Indonesia.
Suci Agsani, Universitas Muslim Nusantara Al-Washliyah
Department of Accounting, Universitas Muslim Nusantara Al-Washliyah, Medan City, North Sumatra Province, Indonesia.
Henny Andriyani Wirananda, Universitas Muslim Nusantara Al-Washliyah
Department of Accounting, Universitas Muslim Nusantara Al-Washliyah, Medan City, North Sumatra Province, Indonesia.
Sri Wardany, Universitas Muslim Nusantara Al-Washliyah
Department of Accounting, Universitas Muslim Nusantara Al-Washliyah, Medan City, North Sumatra Province, Indonesia.
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