scholarly journals PENGARUH PERPUTARAN MODAL KERJA DAN PERPUTARAN PERSEDIAAN TERHADAP PROFITABILITAS (PADA PERUSAHAAN MANUFAKTUR SEKTOR TEKSTIL DAN GARMEN DI BURSA EFEK INDONESIA)

2019 ◽  
Vol 15 (2) ◽  
pp. 29-51
Author(s):  
Muhamad Ali Wairooy

This study aims to examine and analyze the effect of working capital turnover and limited profitability turnover on textile and garment sector manufacturing companies listed on the Indonesia Stock Exchange. Data collection uses secondary data using saturated sample techniques (census). The population is all textile and garment sector manufacturing companies listed on the Indonesia Stock Exchange during the 2012-2015 period of 12 companies, while the sample taken for the number of observations in this study for 3 years, the number of observations of this study was 12 x 3 years = 36 samples . The data obtained were analyzed using multiple linear regression analysis, F test, t test and test coefficient of determination (R²) which was carried out using the SPSS version 20. The results showed that the proposed hypothesis was accepted because it showed positive and significant hypothesis test results. This means that working capital turnover has a positive and significant effect on profitability, Inventory turnover has a positive and significant effect on profitability, and working capital turnover and inventory turnover simultaneouslypositive and significant effect on profitability.

2020 ◽  
Vol 8 (2) ◽  
pp. 155-163
Author(s):  
Alfiatun Jennah ◽  
Rama Yuli

The best company performance is seen in the company’s financial performance by using the rules of financial implementation properly and correctly. This study aims to determine between inventory turnover and accounts receivable turnover towards profitability partially and simultaneously on manufacturing companies listed on the Indonesia Stock Exchange in the period 2012-2017. This research was conducted to increase the company’s profitability and make the company successful in achieving its goals without any deviant actions. This type of research is quantitative descriptive using secondary data taken by Simple Random Sampling which is a sample selection where members are randomly selected randomly (all get the same opportunity to choose) where if it has been selected it cannot be selected again. The data analysis used is SPSS version 19 because the research model uses secondary data. The data is then analyzed using The Descriptive Statistical Test, Classic Assumption Test, Multiple Linear Regression Analysis Test, Hypothesis Test and Determination Coefficient Test. The results of the study prove that inventory turnover and accounts receivable turnover have a significant effect on company profitability. Therefore, companies need to increase inventory turnover and accounts receivable turnover in order to further increase the company’s profitability.


2020 ◽  
Vol 5 (01) ◽  
pp. 22-35
Author(s):  
Dasep Suryanto

Analysis of the Effect of Efficiency and Effectiveness of Working Capital Use on Increasing the Profitability of Manufacturing Companies Listed on the IDX, with a supervisor Mr. Adriansyah, SE., M.Sc. The object of this study is 46 manufacturing companies listed on the Indonesia Stock Exchange. The data collection method uses the documentation method with secondary data sources in the form of company financial statement data for 5 years, from 2013 to 2017. The analytical method used is quantitative analysis, which uses multiple linear regression analysis and uses the tools of the computer statistical product program and Service Solutions (SPSS) version 20. From this study it can be seen that the efficiency and effectiveness of working capital have a significant positive effect on increasing profitability (ROI) of manufacturing companies listed on the Indonesia Stock Exchange (IDX).


2019 ◽  
Vol 4 (2) ◽  
pp. 403
Author(s):  
Susi Artati

Research Aims To Learn How does the Debt to Equity Ratio, Working Capital Turnover and Firm Size Against Net Profit Margin in the Pharmacy Industry in Indonesia Stock Exchange period 2012-2016 simultaneously and partially and how much influence the Debt to Equity Ratio, Working Capital Turnover and Firm Size Against  Net Profit Margin in the Pharmacy Industry in Indonesia Stock Exchange period 2012-2016.  The method used is quantitative descriptive method with independent variables, Debt to Equity Ratio, Working Capital Turnover and the Firm Size , while the dependent variable is Net Profit Margin. The analytical tool used in this research is multiple linear regression analysis, the classical assumption test, hypothesis test and  coefficient of determination. The conclusion of this study indicate that the Debt to Equity Ratio, Working Capital Turnover and Firm size simultaneously significant affect on Net Profit Margin. In partial Working Capital Turnover significant affect on Net Profit Margin


2020 ◽  
Vol 7 (1) ◽  
pp. 11
Author(s):  
Eni Puji Astuti

The main attraction for owners of company shareholders lies in the profitability ratio that shows the results of the management of the company's management of the funds invested. This study aims to determine: The Effect of Working Capital, Liquidity and Solvency on the Profitability of PT. Nippon Indosari Corpindo Tbk, both partially and simultaneously. Descriptive quantitative research methods, the data used are secondary data in the form of financial statements of PT. Nippon Indosari Corpindo Tbk, for a period of 9 years from 20010 - 2018 obtained through the IDX (Indonesia Stock Exchange). The analytical method used is the classic assumption test, multiple linear regression analysis, coefficient of determination and hypothesis testing. Based on the analysis results obtained the coefficient of determination (R2) of 0.928 or equal to 92.8%, which means that the contribution made by working capital, liquidity and solvency to profitability reaches 92.8.3% the remaining 7.2% is influenced by other variables which is not researched. Based on the t test partially working capital on profitability there is an effect where tcount -5.847> t table 2.575 and significance value 0.02 <0.05 and partially liquidity on profitability has no effect where tcount 1.846 <t table 2.575 and significance value 0.124> 0.05 and partially solvency to profitability there is the influence of tcount -3.386> ttable 2.575 and significance value 0.02 <0.05 based on the f test simultaneously working capital, liquidity and solvency affect the profitability where Fcount 21.477> Ftable 5.41 with a significant value of 0.003 <0.05


2021 ◽  
Vol 16 (2) ◽  
pp. 99
Author(s):  
Fransiskus Rian ◽  
Gendro Wiyono ◽  
Mujino Mujino

ABSTRACT The purpose of this study is to examine whether working capital variables, size, and capital structure affect the return on assets. The population in this study are manufacturing companies in various sub-sectors proposed in the Indonesia stock exchange in 2016-2018. The type of data used in this study is secondary data from the company's annual financial statements as a sample that is used and processed using SPSS 16.00. This research uses the classic assumption test and the data analysis method used is multiple linear regression analysis. The results of the study show how working capital (ratio using current ratio, accounts receivable turnover, and net working capital), size, and capital structure (tested using a debt to equity ratio) are considered to compare asset returns.Keywords: working capital, size, capital structure, return on assets ABSTRAK Tujuan dari penelitian ini adalah untuk menguji apakah variabel modal kerja, ukuran, dan struktur modal berpengaruh terhadap return on assets. Populasi dalam penelitian ini adalah perusahaan manufaktur di berbagai sub sektor yang diusulkan di Bursa Efek Indonesia tahun 2016-2018. Jenis data yang digunakan dalam penelitian ini adalah data sekunder berupa laporan keuangan tahunan perusahaan sebagai sampel yang digunakan dan diolah menggunakan SPSS 16.00. Penelitian ini menggunakan uji asumsi klasik dan metode analisis data yang digunakan adalah analisis regresi linier berganda. Hasil penelitian menunjukkan bagaimana modal kerja (rasio menggunakan rasio lancar, perputaran piutang, dan modal kerja bersih), ukuran, dan struktur modal (diuji menggunakan rasio utang terhadap ekuitas) dipertimbangkan untuk membandingkan pengembalian aset.Kata kunci: modal kerja, ukuran, struktur modal, return on assets


2020 ◽  
Vol 3 (2) ◽  
pp. 336-344
Author(s):  
Ferica Ferica ◽  
Annisa Nauli ◽  
Cindy Couwinata ◽  
Sukhenny Sukhenny

Profitability in a company aims to assess the company's expertise in generating profits and the company's ability to pay debts to creditors. This study aims to determine the effect of Liquidity (QR), Total Assets Turnover (TATO), Debt to Equity Ratio (DER), and Inventory Turnover on profitability. This type of research is quantitative descriptive with secondary data, sample selection using purposive sampling, and testing methods using multiple linear regression analysis. The population in this study amounted to 155 manufacturing companies listed on the Indonesia Stock Exchange in the 2015-2018 period. Based on the results of the study note that simultaneous Liquidity (QR), Total Assets Turnover (TATO), Debt to Equity Ratio (DER), and Inventory Turnover have positive and significant effects. Partially, only Liquidity (QR) and Total Assets Turnover (TATO) have a positive and significant effect on profitability while Debt to Equity Ratio (DER), and Inventory Turnover have no significant effect on profitability. Keywords : Liquidity, Total Assets Turnover, Debt to Equity Ratio, and Inventory Turnover


2019 ◽  
Vol 3 (1) ◽  
pp. 21
Author(s):  
Eni Puji Astuti ◽  
Ayu Lestari

Every company always requires working capital that will be used to finance the daily activities of the company. This study aims to determine the effect of working capital and liquidity on the profitability of PT. Nippon Indosari Corpindo Tbk, both partially and simultaneously. The research method used by the author in preparing the descriptive thesis is quantitative, which is conducting research that describes the financial condition of the company expressed in the form of numbers. The data used is secondary data from the financial statements of PT. Nippon Indosari Corpindo Tbk, for a period of 9 years from 2009 - 2017 obtained through the IDX (Indonesia Stock Exchange). The analytical method used is the classic assumption test, multiple linear regression analysis, coefficient of determination and hypothesis testing. Based on the t-test partially working capital on profitability there is an effect where tcount -3,341>  ttable 2,447 and a significance value of 0.016 <0.05 and partial liquidity on profitability has no effect where tcount 1.535 <ttable 2.447 and a significance value of 0.176> 0.05 and based on the f test simultaneously working capital and liquidity affect profitability where Fcount 5.953> Ftable 5.14 with a significant value of 0.038 <0.05


2019 ◽  
Vol 16 (4) ◽  
pp. 162
Author(s):  
Dyan Nur Aulia

ABSTRACTThe research method used in this study is a quantitative method, the independent variables used in this study consist of company size, and profitability while the dependent variable is the capital structure. The population in this study are food and beverage sector manufacturing companies listed on the Indonesia Stock Exchange (IDX) listed on the Indonesia Stock Exchange 2013-2017 period. Sample selection through purposive sampling method. There are 9 (nine) companies that have criteria as research samples, so that the research data totaled 45 data. Data collection techniques used are document review, the data analyzed are annual financial reports (annual report), previous research journals and other literature relating to research problems. Data processing and analysis techniques include financial management analysis, multiple linear regression analysis, classic assumption test, hypothesis test, coefficient of determination test and coefficient of determination test. The results showed that the company size partially had no effect and no significant effect on capital structure, and profitability was partially positive and significant effect on capital structure. While simultaneously the size of the company, and profitability affect the capital structure.


2015 ◽  
Vol 1 (2) ◽  
pp. 41-50
Author(s):  
Ellyn Octavianty ◽  
Defi Jumadil Syahputra

Working capital and liquidity will affect the level of corporate profitability. If the working capital and liquidity levels increase the company's profitability will decline. This study aimed to determine the effect of working capital (working capital turnover, receivable turnover, inventory turnover,) and liquidity (current ratio). This research is about the effect of working capital and liquidity to profitability made on the Pharmaceutical Sector Sub listed on the Stock Exchange by using secondary data, purposive sampling method. The analytical method used inferential statistics, namely multiple linear regression analysis using SPSS version 20.Results of the study revealed the fact that 81.1% of profitability (return on assets) are influenced by working capital (working capital turnover, receivable turnover, inventory turnover) and liquidity (current ratio). While 18.9% is influenced by other variables not included in the regression model. Company's pharmaceutical sector has fluctuated development of working capital and the amount is not much, while the level of liquidity is quite good. This has resulted in a low level of profitability generated.Keywords: Efficiency Working Capital, Liquidity, Profitability


2020 ◽  
Vol 12 (1) ◽  
pp. 82
Author(s):  
Berlin Silaban

The research is conducted of determine the effect of working capital to total assets, inventory turnover, debt to equity ratio, and return on asset towards Profit Growth in the basic industrial and chemical manufacturing companies. Based on the Indonesia Stock Exchange for the of period 2013 – 2017. The population of this study consistens of the companies with sampling criteria, there are 52 companies which passed the sample collection criteria, using purpose sampling technique, and the data sources used are taken from the company’s financial statements which are belong sampled through www.idx.co.id This research used multiple linear regression analysis is processed by using the 20th without of SPSS program (Statistical Product and Service Solution) This study has ROA results does give effect to profit growth, while the working capital to total assets, inventory turnover and debt to equity ratio does not have effect on profit growth.


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