Sri Wahyuni, Azwar Anwar, Nur Afiah

Analisis Efektivitas Pengendalian Piutang Pada PT PLN (Persero) UID Sulselrabar

Introduction

Analisis efektivitas pengendalian piutang pada pt pln (persero) uid sulselrabar. Analisis efektivitas pengendalian piutang PT PLN (Persero) UID Sulselrabar 2020-2023. Belum sepenuhnya efektif, RTO fluktuatif meskipun CP stabil. Perlu peningkatan RTO.

Abstract

Penelitian ini bertujuan untuk menganalisis efektivitas pengendalian piutang pada PT PLN (Persero) UID Sulselrabar selama periode 2020–2023. Penelitian dilakukan pada PT PLN (Persero) UID Sulselrabar karena kompleksnya pendapatan dari perusahaan tersebut. Metode yang digunakan adalah analisis kuantitatif deskriptif dengan teknik pengumpulan data melalui dokumentasi, menggunakan data primer dan sekunder dari laporan penjualan kredit dan statistik internal PLN. Hasil penelitian menunjukkan bahwa pengendalian piutang belum sepenuhnya efektif. Meskipun rasio Collection Periods (CP) secara konsisten memperoleh skor tertinggi stabil pada angka 4 sesuai standar Kementerian BUMN, hal ini tidak diikuti oleh kinerja rasio Receivables Turnover (RTO) yang justru fluktuatif dan berada di bawah standar industri. Kondisi ini mengindikasikan konversi piutang menjadi kas masih belum optimal, yang berdampak pada likuiditas dan efisiensi modal kerja perusahaan. Terdapat kesenjangan antara efisiensi waktu pengumpulan piutang dan efektivitas perputaran piutang. Dengan demikian, pengendalian piutang perlu ditingkatkan, khususnya dalam aspek peningkatan Receivables Turnover (RTO) agar pengelolaan piutang lebih optimal dan sesuai standar industri.

Review

This study, titled "Analisis Efektivitas Pengendalian Piutang Pada PT PLN (Persero) UID Sulselrabar," provides a concise analysis of accounts receivable control effectiveness at PT PLN (Persero) UID Sulselrabar over the 2020-2023 period. Using a descriptive quantitative approach with primary and secondary data, the research concludes that the current control mechanisms are not fully effective. A key finding highlights a significant disparity: while the Collection Periods (CP) ratio consistently meets BUMN standards, the Receivables Turnover (RTO) ratio is volatile and below industry benchmarks, signaling suboptimal cash conversion and adverse effects on the company's liquidity and working capital. The paper addresses a highly pertinent issue, especially given the complex revenue streams of a large state-owned utility like PLN. Its strength lies in the clear identification of the research problem and the subsequent quantitative analysis using established financial ratios (CP and RTO) against relevant benchmarks. The ability to distinguish between efficient collection timing (CP) and overall effective receivables management (RTO) offers a nuanced perspective that is often overlooked. By highlighting the practical implications for the company's financial health, the study provides valuable insights that can inform management decisions and strategies. While the study effectively identifies the "what," a deeper exploration into the "why" would significantly enhance its contribution. Future research could benefit from investigating the specific factors contributing to the fluctuating and suboptimal Receivables Turnover (RTO) despite stable Collection Periods (CP). This might involve examining the effectiveness of different credit policies, billing accuracy, customer segmentation, or the efficiency of dispute resolution processes. Furthermore, the recommendations could be more prescriptive, detailing specific actionable strategies beyond a general call to "increase RTO." Incorporating qualitative data, such as interviews with personnel involved in credit and collections, could provide richer context and more targeted solutions for improving overall receivables management effectiveness.

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