Yuli Agustina, Anggi Icha Larasati, Subagyo, Lulu Nurul Istanti, Fadia Zen, Mohammed A. Husain
This study aims to understand working capital management and to test the influence of activity ratios and profitability ratios on the working capital management in women’s cooperatives. The research design used is a quasi-qualitative design, utilizing both primary and secondary data. The population of this study consists of women’s cooperatives located in Jember District. A total of 13 women’s cooperatives were used as the sample, with financial data observed over three years. Data collection for the study was carried out using interview methods, questionnaires, and documentation techniques, analyzed using multiple linear regression. Hypothesis testing shows that the activity ratio does not have a significant influence on working capital management, while the profitability ratio has a positive and significant influence on working capital management. The results depict that the average financial condition of the women’s cooperatives can be considered quite good, as the average turnover of working capital meets the criteria for sufficient efficiency based on financial efficiency standards. The majority of women’s cooperatives in Jember District implement conditional working capital management by prioritizing the availability of funds for member loans. © (2024), (Elite Scientific Publications). All rights reserved.
Universitas Negeri Malang, Indonesia; University of Houston, United States