Open AccessPENGARUH LIKUIDITAS DAN MODAL KERJA TERHADAP PROFITABILITAS PADA PERUSAHAAN INDUSTRI BARANG KOSUMSI
Author(s) -
Ni Kadek Sugiartini,
Sayu Ketut Sutrisna Dewi
Publication year - 2019
Publication title -
e-jurnal manajemen
Language(s) - English
Resource type - Journals
ISSN - 2302-8912
DOI - 10.24843/ejmunud.2019.v08.i09.p03
Subject(s) - inventory turnover , working capital , market liquidity , stock exchange , business , accounts receivable , profitability index , current asset , current ratio , cash , population , nonprobability sampling , finance , demography , sociology
This study aims to determine the effect of liquidity and working capital on profitability. The liquidity ratio in this study is proxied by the current ratio, while working capital is proxied by cash turnover, accounts receivable turnover, and inventory turnover. This research was conducted on consumer goods industry companies listed on the Indonesia Stock Exchange in 2013-2017. The population in this study were all consumer goods industry companies listed on the Indonesia Stock Exchange with a total of 48 companies. The selection of research samples using purposive sampling technique, so as to obtain a sample of 31 companies. This research using secondary data in the form of company financial statements. Data collection is based on non-behavioral observation methods with multiple linear regression as an analysis tool. Based on the results of the analysis, it was found that cash turnover and accounts receivable turnover did not affect profitability. Other variables, namely inventory turnover and current ratio are affect profitability.
Keywords: liquidity, cash turnover, receivable turnover, inventory turnover, profitability