Profitability and Risk Analysis of Catfish Farming Breeding Business in Sleman District, Sleman Regency, Yogyakarta
top of page
Asian Institute of Research, Journal Publication, Journal Academics, Education Journal, Asian Institute
Asian Institute of Research, Journal Publication, Journal Academics, Education Journal, Asian Institute

Economics and Business

Quarterly Reviews

ISSN 2775-9237 (Online)

asian institute research, jeb, journal of economics and business, economics journal, accunting journal, business journal, managemet journal
asian institute research, jeb, journal of economics and business, economics journal, accunting journal, business journal, managemet journal
asian institute research, jeb, journal of economics and business, economics journal, accunting journal, business journal, managemet journal
asian institute research, jeb, journal of economics and business, economics journal, accunting journal, business journal, managemet journal
crossref
doi
open access

Published: 27 September 2021

Profitability and Risk Analysis of Catfish Farming Breeding Business in Sleman District, Sleman Regency, Yogyakarta

Hasa Nurrohim KP, Hani Subagio, Shinta Heru Satoto

UPN “Veteran” Yogyakarta, Indonesia

asian institute research, jeb, journal of economics and business, economics journal, accunting journal, business journal, management journal

Download Full-Text Pdf

doi

10.31014/aior.1992.04.03.386

Pages: 235-241

Keywords: Profitability, Risk, Catfish Farming, Breeding

Abstract

This study aims to analyze the profitability and risk of the catfish breeding business in the catfish farmer group in Sleman district, Sleman district, Yogyakarta. Respondents were selected using the census method because the number of population members was less than 30 people. The results of the profitability analysis using the Expense Structure Ratio (ESR), show that the ESR is 0.041, which means that the fixed costs used in production are 4.1% of the total cost. Benefit Cost Ratio (BCR) of 1.304 which shows that every 1 Rupiah in catfish farming investment will generate a profit of 30.4%. The results of the Gross Margin Ratio of 0.265 indicate that the breeding cultivation business provides a gross margin of 26.5% of the remaining income after paying direct costs related to production. From the results of the risk analysis, it was found that the income risk opportunities faced were 14.4% in each harvest season, the magnitude of the risk opportunities due to the increase in feed prices was 5.55%, and the risk of loss due to production fluctuations was 0.28. This study recommends that catfish farming farmers need to ensure the expenditure of production costs and strive to overcome risks both from internal and external factors.

References

  1. Adebayo, OO and Daramola, OA (2013). Economic analysis of catfish production in Ibadan metropolis. Discourse Journal of Agriculture and Food Sciences, 1(7): 128-134

  2. Ajagbe, SO (2018). Analysis of small-scale catfish production in Ibadan Metropolis, Oyo State. Nigeria, A B.Sc. project submitted to Department of Agricultural Economics, University of Ibadan, Ibadan. Pp 124

  3. Ajagbe, SO (2019). Analysis of Profitability catfish production in Ibadan Metropolis, Oyo State. Nigeria, Journal of Forestry Research and Management. Vol. 16(3).50-57; 2019, ISSN 0189-8418

  4. Akegbejo-Samsons, Y. and Adeoye, D. (2012). Measuring Profitability in Small Scale Aquaculture Enterprises in southwest Nigeria. IIFET 2012 Tanzania Proceedings

  5. Alawode OO and Jinad, AO (2014). Evaluation of Technical Efficiency of Catfish Production in Oyo State: A Case Study of Ibadan Metropolis. Journal of Emerging Trends in Educational Research and Policy Studies (JETERAPS) 5(2): 223-231.

  6. Engle, CR (2010). Aquaculture Economics and Financing: Management and Analysis. Wiley-Blackwell. 2121 State Avenue, Ames, Iowa 50014–8300, USA Pp. 274. www.wiley.com/wiley-blackwell

  7. Engle. CR (2012). Introduction to Financial Management of Aquaculture Businesses. Southern Regional Aquaculture Center SRAC Publication No. 4400

  8. Engle, CR, and Stone, NM, (2014). Costs of Small-Scale Catfish Production for Direct Sales. Southern Regional Aquaculture Center, SRAC Publication No. 1800, Revision

  9. Issa, FO, Abdulazeez, MO, Kezi, DM, Dare, JS, and Umar R. (2014). Profitability analysis of small-scale catfish farming in Kaduna State, Nigeria. Journal of Agricultural Extension and Rural Development, 6(8):347 – 353

  10. Marthalia, 2018, Analysis of Cost Structure, Income, and Risk of Purple Eggplant (Solanum Melongena L.) Farming in Simpang Kanan Village, Sumberejo District, Tanggamus Regency, Faculty of Agriculture, University of Lampung Bandar Lampung

  11. Mohammed, US, Iyiola AS, and Usman, RK (2015). Production Analysis of Catfish Farming In Epe Local Government Area of Lagos State, Nigeria. Production, Agriculture, and Technology (PAT) 11(2): 153-161.

  12. Pappas, JL, Hirschey, M., 2005, Managerial Economics, Translation of Daniel Wirajaya. Character Building. Jakarta.

  13. Rochman, A., et al., 2014, Analysis of Dumbo Catfish (Clarias Gariephinus) Cultivation Business In Wonosari Village, Bonang District, Demak Regency, Mediagro, Vol 10, No. 2, pp 57 -68

  14. Salvatore, D., 2005, Managerial Economics in the Global Economy, Fifth Edition, Salemba Empat, Jakarta

  15. Tunde, AB, Kuton, MP, Oladipo, AAand Olasunkanmi, LH (2015). Economic Analyze of Costs and Return of Fish Farming in Saki-East Local Government Area of Oyo State, Nigeria. Journal of Aquaculture Research Development, 6(2): 306-311.

bottom of page