PENGARUH PERPUTARAN KAS, PERPUTARAN PIUTANG DAN PERPUTARAN PERSEDIAAN TERHADAP PROFITABILITAS PADA PERUSAHAAN SUB SEKTOR OTOMOTIF DAN KOMPONEN YANG TERDAFTAR DI BURSA EFEK INDONESIA

Wisnu Wardana, Jubi Jubi, Ady Inrawan, Musa Fernando Silaen

Abstract


The results of this study can be summarized as follows, the average CTO tends to decrease, the average RTO tends to increase, the average ITO tends to decrease and the average ROA tends to decrease. The results of testing multiple linear regression are known that Cash Turnover and Inventory Turnover have a positive effect while Accounts Receivable has a negative effect on profitability in Automotive and Component Sub-Sector Companies listed on the Indonesia Stock Exchange. The correlation coefficient test results have a low relationship between Cash Turnover, Accounts Receivable Turnover and Inventory Turnover with profitability. While the coefficient of determination (R Square) states profitability is influenced by Cash Turnover, Accounts Receivable Turnover and Inventory Turnover. Cash Turnover, Receivable Turnover and Inventory Turnover have no significant effect on profitability partially. Cash Turnover, Receivable Turnover and Inventory Turnover have no significant effect on profitability simultaneously

               The suggestions for company in this research is that companies should optimize asset management, companies should maintain and improve cash turnover, accounts receivable turnover and inventory turnover in order to increase company profits

 

Keywords: Cash Turnover, Receivable Turnover, Inventory Turnover and Profitability


Full Text:

PDF

References


Baridwan, Zaki 2004. Intermediate Accounting “Pengantar Akuntansi”, Buku 2, Edisi 21, Salemba Empat. Jakarta

Brigham, Eugene F. dan Joel F. Houston. 2012. Dasar-Dasar Manajemen Keuangan. Edisi XXI. Cetakan Pertama. Jakarta: Salemba Empat.

Hery. 2009. Teori Akuntansi. Jakarta: Kencana.

Horne, James C. Van dan John M. Wachowiez. 2012. Prinsip-Prinsip Manajemen Keuangan. Edisi XIII. Cetakan Kedua. Jakarta: Salemba Empat.

Martani, Dwi, dkk. 2012. Akuntansi Keuangan Menengah Berbasis PSAK. Jakarta: Salemba Empat.

Murhadi, Wenner R. 2013. Analisis Laporan Keuangan Proyeksi dan Valuasi Saham. Jakarta: Salemba Empat.

Mursyidi. 2010. Akuntansi Dasar. Bogor: Ghalia Indonesia.

Riyanto, Bambang. 2009. Dasar-Dasar Pembelanjaan Perusahaan. Yogyakarta: BPFE Yogyakarta.

Rudianto. 2009. Pengantar Akuntansi. Yogyakarta: Grasindo

Rudianto, 2012. Pengantar Akuntansi . Jakarta: Erlangga.

Subramanyam, K.R. dan John J. Wild. 2010. Analisis Laporan Keuangan. Edisi X. Jakarta: Salemba empat.

Sudana, I Made. 2011. Manajemen Keuangan Perusahaan : Teori dan Praktik. Jakarta: Erlangga

Subramanyam, K.R. dan John J. Wild. 2010. Analisis Laporan Keuangan. Edisi X. Jakarta: Salemba empat.

Sudana, I Made. 2011. Manajemen Keuangan Perusahaan : Teori dan Praktik. Jakarta: Erlangga.




DOI: https://doi.org/10.37403/financial.v5i1.94

Refbacks

  • There are currently no refbacks.


Copyright (c) 2019 FINANCIAL : JURNAL AKUNTANSI

Diterbitkan Oleh:

Sekolah Tinggi Ilmu Ekonomi Sultan Agung

Pematangsiantar, Sumatera Utara, Indonesia

 

Editorial Office:

 Jln. Surabaya No.19 Pematangsiantar, 21118, Sumatera Utara

 financial@stiesultanagung.ac.id

Telp/Fax. (0622) 25626


P-ISSN: 2502-4574

E-ISSN: 2686-2581