The financial crisis that occurred in the United States and Europe affected the economic conditions in Indonesia. Before and after the economic crisis occurred, the company's working capital management in Indonesia is still less than optimal and resulted in a severe shortage of liquidity. This is because the working capital management considered as one of the secondary functions has been ignored. Working capital is a very influential thing to the company, so it should be working capital well managed. Management of working capital is very important, because it has to do with the determination of working capital policy and its implementation. The existence of effective and conducive working capital management needs to be done to avoid the risk of bankruptcy. The amount of working capital required between companies of course different depending on the size of the company itself. The existence of companies, one of which is a telecommunications sector company listed on the Stock Exchange is one means to improve the Indonesian economy. Based on these considerations, the telecommunication company listed in Indonesia Stock Exchange 2010 period is selected to be a research sample which will be evaluated its working capital management covering the elements of cash turnover, inventory turnover and turnover of accounts receivable by using literature study on telecommunication company's financial report in year 2010. Results from the analysis concluded that the management of working capital of telecommunication sector companies listed on the Indonesia Stock Exchange 2010 period is good. However, there are still companies that have working capital management in several components. Technology development and innovation of telecommunication services must be continuously improved to support the creation of ideal working capital management.
working capital management, cash turnover, inventory turnover, receivable turnover, debt turnover
