@thesis{thesis,
		author={Manafe  Hyulda Omega Cendana Wangi},
		title ={Analisis Tingkat Pengelolaan Piutang Menggunakan Receivable Turnover dan Average Collection Period  pada CV. Kormaras di Surabaya},
		year={2019},
		url={http://repositori.ukdc.ac.id/263/},
		abstract={This study aims to analyze the management of accounts  receivable by using Receivable Turnover and Average Collection Period on CV. Kormaras in Surabaya for the 2015-2017 period. Amid the tight competition in the business
world, companies are required to be able to reach market positions, so companies need to conduct sales strategies on credit, so that the number of sales increases. In general, receivables can be defined as bills arising from the sale of goods or services on credit with a predetermined period of time as the existence of credit sales.
The research method used is descriptive qualitative method with quantitative data, which is then processed and analyzed to be taken as a conclusion. Data collection techniques carried out were interviews, documentation and observation.
The results of the study show that the company's RTO rate from 2015 to 2017 is still small because it is less than the industry average of 15 times. With this proves that  the  company  in  managing  its  receivables  is  not  good,  because basically the higher the level of accounts receivable turnover (Receivable Turnover) of a company, the better the management of its receivables. The ACP from year to year consumes inconsistency (up and down). In 2015 the ACP was 55 days, considered successful in collecting receivables because it did not exceed the industry average of 60 days, while in 2016 ACP was 67 days, meaning the
performance of the accounts receivable was unsuccessful because it exceeded the industry average of 67 days which means the company is not able to make billing quickly or on time. And in 2017 shows the company's performance in collecting receivables is very good, which is 30 days compared to previous years.}
		}