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- W3136295069 abstract "After food aggregators began to enter Indonesian market in 2015, there is a rapid growth in the fast food business. Pizza Hut,one of the biggest fast food chains in Indonesia has been improving and expanding its business to cater the needs of urbanpeople. As the consumer behaviour began to shift from dine in experience to ordering food by phone, Pizza Hut developed newbusiness models to keep up with the trends and expand their target market. One of the businesses is called the Pizza Hut Delivery(PHD), which focuses on delivery service. This study aims to measure the financial performance of Pizza Hut Delivery andanalyse the differences before and after the food aggregators enter the Indonesian market. The research is conducted by usingsecondary data retrieved from PT Sarimelati Kencana yearly financial statements from 2014-2018 in order to calculate thefinancial ratios. The result is based on comparing the 2014-2015 (pre emergence) and 2017-2018 (post emergence) data andalso using the paired t-test to compare the activity, profitability, liquidity, and solvency ratios, that later on is used to test thehypothesis. The result indicates that there is a significant difference in all of the financial ratios calculated. Based on debt toequity ratio which significantly decreased to 0.67 indicates the company was able to be financed by its own resources foroperations. The company was also able to pay its short term and long term debts. Efficiency in generating sales must improve asthe asset turnover ratio keeps declining over the year. The authors believe that the findings might be useful for future research." @default.
- W3136295069 created "2021-03-29" @default.
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- W3136295069 date "2020-01-01" @default.
- W3136295069 modified "2023-09-27" @default.
- W3136295069 title "FINANCIAL PERFORMANCE ANALYSIS OF PIZZA HUT DELIVERY BEFORE AND AFTER THE EMERGENCE OF THIRD PARTY ONLINE FOOD AGGREGATORS IN" @default.
- W3136295069 hasPublicationYear "2020" @default.
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