Open AccessPengaruh Perputaran Modal Kerja, Likuiditas dan Pertumbuhan Penjualan terhadap Profitabilitas
Author(s) -
Virgadinda Anindita,
Elmanizar Elmanizar
Publication year - 2019
Publication title -
majalah sainstekes/majalah saintekes
Language(s) - English
Resource type - Journals
eISSN - 2085-6237
pISSN - 2685-6794
DOI - 10.33476/ms.v6i2.1197
Subject(s) - stock exchange , nonprobability sampling , market liquidity , profitability index , business , working capital , inventory turnover , business administration , agricultural science , finance , population , demography , environmental science , sociology
This study aims to determine the effect of working capital turnover, liquidity and sales growth on profitability in food and beverage sub-sector manufacturing companies listed on the Indonesia Stock Exchange in 2014-2017. This study utilizes secondary data of the financial statements of food and beverage subsector companies on the Indonesia Stock Exchange in 2014-2017 collected from the official website of the Indonesia Stock Exchange. The sampling technique used purposive sampling. The samples in this study were 11 companies on the Indonesia Stock Exchange. The analysis method used ratio analysis and multiple linear regression with a significant level of 5%. The results showed that the working capital turnover, liquidity and sales growth affected significantly on profitability.