Open AccessInfluence of Receivables Turnover and Inventory Turnover to Profitability PT Kimia Farma (Persero) Tbk
Author(s) -
Novita Mey Wulandari,
Iman Lubis
Publication year - 2022
Publication title -
indonesian financial review
Language(s) - English
Resource type - Journals
ISSN - 2807-3886
DOI - 10.55538/ifr.v1i2.9
Subject(s) - mathematics , profitability index , inventory turnover , statistics , economics , finance
This study aims to determine the effect of receivables turnover (RTO) and inventory turnover (ITR) on profitability (ROA). The method used in this study is a quantitative method by taking the financial statements of PT Kimia Farma (Persero) Tbk this study uses descriptive statistical analysis, classical assumption test, predictive multiple regression predictive hypothesis testing, and coefficient of determination with SPSS Version 22 software. 0.05 on profitability (ROA) and Inventory Turnover (ITR) partially has no significant effect where t-count 0.149 0.05 on profitability (ROA). Simultaneously Accounts Receivable and Inventory Turnover has no effect where F-count 1.563 0.05.