The fast-moving consumer goods (FMCG) industry is one of the mainstay sectors that supports national manufacturing and economic growth in the country. An important role of this strategic sector is seen from their consistent and significant contributions towards gross domestic products (PDB) of the non-oil and gas industries as well as increased investment realization.
Unanimously with the development of the FMCG sector with a variety of innovations, has also increased the number of player populations within the industry. Due to that, many of the players in the FMCG sector require accurate information related to the development of their business to keep their products ahead of their competition.
In many cases, these players need information regarding potential growth and prospect possibilities within that industry, as well as rules and policies that comply to support business continuity.
Not only positive information, negative information such as bankruptcy issues is also a much sought-after problem. As bankruptcy can occur in a company if they are experiencing difficulties 2 factors that may cause bankruptcy during company difficulties are difficulties caused by both internal and external factors. External factor difficulties such as the occurrence of difficulties in raw materials or company resources, to the point where the company loses the opportunity to produce and make a profit. There are also difficulties caused by natural factors such as disasters that force companies to disperse. Whereas internal factors can also be seen from financial perspectives of which is if the company is no longer able to pay its debt and fulfill their responsibilities to the point where the company is forced to disperse and will face an impact of legalized bankruptcy.
VISI conducts research to find out the financial condition of the FMCG sector in Indonesia to be in 2018. Based on the result, the average sectoral FMCG company that is able to meet its shorter debt obligations within the next 12 months is 2.4857 times. Meanwhile, the average sectoral FMCG company is able to pay its debts by disbursing all of its cash of 1.4766 times.
Also, most companies in the food industry sector are still within the Safe Zone category, which is 64 percent of the entire company. This signifies that the food industry sector is still safe enough to be targeted for investment and marketing of raw material and supply products.
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