Analisis Efektivitas Modal Kerja Sebagai Upaya Meningkatkan Profitabilitas (Studi Kasus Pada PT. Semen Indonesia (Persero) Tbk Periode 2009-2011)

This study was conducted to investigate the effect of working capital to the company's operational effectiveness as well as the ability of the company increases its profits and the existence of rivalry that began to emerge. By using the company's analysis of working capital is expected to be more effective in their production activities. This study aims to determine the working capital policies on PT. Semen Indonesia (Persero) Tbk from 2009-2011 and know effective working capital management can boost profitability at PT. Cement Indonesia (Persero) Tbk from 2009-2011. The method used in this study is a descriptive analysis method performed by megklasifikasi, comparing and calculating the data rate by using the relevant formulas. The results of the analysis indicate liquidity ratio decreased the company's ability to meet short-term liabilities using current assets of the company. The results of the profitability ratio due penigkatan keseluruan experienced a significant increase in total assets compared to net income after taxes. These results indicate that the company's ability to use total assets to generate net income showed a decline