Financial Analysis of Trigona Bees Farming Enterprise in Bali, Indonesia

Authors

  • I Ketut Selamet Faculty of Economics and Business, Warmadewa University, Bali, Indonesia
  • Ni Made Rustini Faculty of Economics and Business, Warmadewa University, Bali, Indonesia
  • A. A. Sri Purnami Faculty of Economics and Business, Warmadewa University, Bali, Indonesia

DOI:

https://doi.org/10.54536/ajiri.v1i3.754

Keywords:

Financial Analysis, Net Present Value, Payback Period, Trigona Bees

Abstract

Trigona Honey is one of the forest resources that has the potential to be developed in cultivation, this is due to the abundant source of feed for Trigona Bees. Kuwum Village in Badung Regency, Bali, Indonesia, has enormous potential in developing Trigona honey farms because the village is still surrounded by various types of annual plants as plantation land as well as village greenery. The problem is that most of the farmers have not been able to clearly see academically whether the business they are developing is profitable in the long term or not even feasible to develop, so this study aims to conduct a financial analysis in the development of Trigona honey in Kuwum Village. Methods of collecting data and information by sampling method Non Random Sampling approach by taking key informants and then developed with the method of snowball sampling. The data collected were analyzed by using an investment feasibility analysis technique approach, namely Payback Pariod and Net Present Value. After analyzing the existing data, it was found that from the payback period of the invested capital in the form of purchasing Kukungan Trigona honey in an average of 10 units in an estimated effective harvest period of 7 years, capital can be returned within 4 years and 1 month. With indicators measuring interest rates and net cash inflows compared to the initial investment, you get a positive NPV, meaning that the investment is feasible to continue, even on a larger scale.

Downloads

Download data is not yet available.

References

Al-Ani, M.K. (2015). A Strategic Framework to use Payback Period in Evaluating the Capital Budgeting in Energy and Oil and Gas Sectors in Oman. International Journal of Economics and Financial Issues, 5(2), 469-475.

Anonymous. (1982). Ilmu Belanja (Pembelanjaan Perusahaan). Yogyakarta: AK Group.

Anonymous. (2014). Available at: http://id.shvoong.com/exact-sciences/1969863-koloni-dan-pakanlebahmadu.2014 http://terapimadu.wordpress.com/2014/03/22/perkembanganbudidaya-lebah-madu-di-indonesia.2014.

Anonymous. (2014). Available at: http://lebah.info/proses-produksi-budidaya-lebah-madu. 2014.

Anonymous. (2014). Available at: http//www.bunghatta.info/content.php?content, 136.

Badan Sertifikasi Nasional (Nation Certification Board of Indonesia). (2002). Madu (Komposisi Nutrisi). Pusat Standardisasi dan Akreditasi. Jakarta: Departemen Perindustrian dan Perdagangan RI.

Dai, h., Li, N., Wang, Y., Zhao, X. (2022). The Analysis of Three Main Investment Criteria: NPV IRR and Payback Period. Advances in Economics, Business, and Management Research, 648, 185-189.

Harahap, M.N. (2020). Analysis of Payback Period, Net Present Value and Internal Rate of Return on hotel business in Kepulauan Seribu. Accounthink Journal of Accounting and Finance, 3(2), 148-164. https://doi.org/10.35706/acc.v5i02.4330

Indriyo. (1980). Manajemen Keuangan. Cetakan Pertama. Yogyakarta: BPFE Yogyakarta.

Mubyarto. (1986). Pengantar Ekonomi Pertanian. Jakarta: LP3ES.

Petrus Son, A. (2008). Diklat Teknik Budidaya Lebah Madu. Kupang: Balai Pendidikan dan Pelatihan Kehutanan.

Rusfidra, A. (2006). Peranan Lebah Madu Sebagai Serangga Penyerbuk untuk Meningkatkan Produksi Tanaman dan Pendapatan Petani. Makalah pada Konferensi Nasional Konservasi Serangga, Fakultas Pertanian IPB. Desember 2006. Bogor.

Sihombing. (1997). Ilmu Ternak Lebah Madu. Yogyakarta: Gajah Mada Universitas Press.

Husnan, S. (1985). Pembelanjaan Perusahaan (dasar-dasar manajemen keuangan). Edisi Kedua. Yogyakarta: Liberty.

Soetrisno. (1985). Dasar-dasar evaluasi dan manajemen proyek. Edisi Pertama. Yogyakarta: Andi Offset.

Downloads

Published

2022-11-25

How to Cite

Selamet, I. K., Rustini, N. M., & Purnami, A. A. S. (2022). Financial Analysis of Trigona Bees Farming Enterprise in Bali, Indonesia. American Journal of Interdisciplinary Research and Innovation, 1(3), 34–39. https://doi.org/10.54536/ajiri.v1i3.754