Analisis Financial Distress Menggunakan Metode Zavgren Untuk Memprediksi Kebangkrutan Pada Perusahaan Sub Sektor Ritel Yang Terdaftar Di Bei Tahun 2018 -2020

Abstract

As technology develops, e-commerce has become a phenomenon that changes people's lifestyle patterns in meeting their needs. This caused retail business growth to decline by 20% during the first half of 2017. Competition with e-commerce intensified when the Covid-19 Pandemic entered March 2020, causing several retail store outlets to be closed to prevent the development of the Covid-19 virus. The purpose of this study is to analyze financial distress using the Zavgren method in retail sub-sector companies listed on the Indonesia Stock Exchange in 2018-2020. The Zavgren method consists of financial ratios including Inventory Turnover, Receivable Turnover, Cash Ratio, Quick Ratio, ROI,