Pengaruh Penjualan Angsuran terhadap Kinerja Keuangan Perusahaan Manufaktur yang terdaftar di Bursa Efek Indonesia
(Studi Kasus PT Astra Internasional Tbk)
DOI:
https://doi.org/10.30640/jumma45.v5i1.5943Keywords:
Accounts Receivable, Credit Sales, Financial Performance, Installment Sales, PT Astra International TbkAbstract
Installment sales are a strategy used by manufacturing companies to increase consumer purchasing power and sales volume, especially for high-priced products. PT Astra International Tbk, a manufacturing company listed on the Indonesia Stock Exchange (IDX), implements a credit sales system, particularly in the automotive industry. This study aims to analyze the impact of installment sales on the financial performance of PT Astra International Tbk during the 2023–2024 period. The approach used is quantitative descriptive with secondary data obtained from the company's financial statements. The results show that credit sales have a positive effect on the company's financial performance, especially in increasing revenue and profitability. However, this method also has the potential to increase receivables risk, which can affect the company's liquidity if not managed properly. Therefore, companies need to manage receivables risk effectively to maintain financial health and ensure sustainable growth. This study provides insights into the management of installment sales in the context of manufacturing companies.
References
Brigham, E. F., & Houston, J. F. (2019). Fundamentals of Financial Management (15th ed.). Boston: Cengage Learning.
Bursa Efek Indonesia. (2024). Laporan Keuangan Emiten. Diakses dari https://www.idx.co.id
Chaturvedi, A. (2020). Financial performance analysis and measurement. International Journal of Business and Management Research, 8(2), 45–52.
Darmawan, D., & Firmansyah, A. (2018). Pengaruh kebijakan penjualan kredit dan pengelolaan piutang terhadap kinerja keuangan perusahaan manufaktur. Jurnal Akuntansi dan Keuangan, 10(1), 55–68.
Fahmi, I. (2017). Analisis Kinerja Keuangan. Bandung: Alfabeta.
Harahap, S. S. (2016). Analisis Kritis atas Laporan Keuangan. Jakarta: RajaGrafindo Persada.
Hery. (2017). Analisis Laporan Keuangan. Jakarta: Grasindo.
Hidayat, R., & Aris, A. (2023). Analisis kinerja keuangan perusahaan dengan pendekatan rasio keuangan. Jurnal Ilmiah Akuntansi, 15(1), 22–34.
Kieso, D. E., Weygandt, J. J., & Warfield, T. D. (2018). Intermediate Accounting (16th ed.). Hoboken: John Wiley & Sons.
Ndruru, R., & Hutabarat, F. (2021). Pengaruh penjualan kredit terhadap profitabilitas dan likuiditas perusahaan manufaktur. Jurnal Akuntansi Bisnis, 13(2), 101–112. https://doi.org/10.46930/global.v10i2.1820
PT Astra International Tbk. (2023). Laporan Keuangan Tahunan 2022. Jakarta: Bursa Efek Indonesia.
PT Astra International Tbk. (2024). Laporan Keuangan Tahunan 2023. Jakarta: Bursa Efek Indonesia.
Ramadani, R., & Komariyah, S. (2025). Pengaruh perputaran piutang terhadap likuiditas perusahaan. Jurnal Akuntansi dan Manajemen, 17(1), 60–71.
Sugiyono. (2019). Metode Penelitian Kuantitatif, Kualitatif, dan R&D. Bandung: Alfabeta.
Supriyati. (2019). Akuntansi Keuangan. Jakarta: Salemba Empat.
Downloads
Published
How to Cite
Issue
Section
License
Copyright (c) 2026 Jurnal Mahasiswa Manajemen dan Akuntansi
This work is licensed under a Creative Commons Attribution-ShareAlike 4.0 International License.
