scholarly journals The Effect of Cash Turnover, Receivable Turnover, and Inventory Turnover Towards Profitability of Consumer Goods Companies in Indonesia

2021 ◽  
Author(s):  
Ertia Nursanti Eryatna ◽  
Nurafni Eltivia ◽  
Kuni Utami Handayawati
Keyword(s):  
Consumer Goods ◽  
Inventory Turnover

scholarly journals Profitabilitas sebagai Pemoderasi Nilai Saham Perusahaan Industri Barang Konsumsi

2020 ◽  
Vol 30 (3) ◽  
pp. 785
Author(s):  
Hartono Hartono ◽  
Fiona Audrey ◽  
Widya Sari
Keyword(s):  
Consumer Goods ◽  
Stock Price ◽  
Sampling Method ◽  
Stock Exchange ◽  
Fixed Asset ◽  
Current Ratio ◽  
Stock Value ◽  
Asset Turnover ◽  
Inventory Turnover ◽  
Equity Ratio

This study aims to determine and analyze how the influence of Current Ratio, Inventory Turnover, Fixed Asset Turnover and Debt to Equity Ratio on Stock Price and Profitability as a moderating variable to consumer goods sector companies listed on the Indonesia Stock Exchange (IDX). Population in this study are 39 companies and 14 companies used as samples. This research uses purposive sampling method. The results of this study indicate that the Fixed Asset Ratio and Debt to Equity Ratio affects stock value. By using profitability as a moderator, Current Ratio and Debt to Equity Ratio affects the value of the stock. Keywords: Current Ratio (CR); Inventory Turnover (ITO);  Fixed Asset Turnover (FAT); Debt to Equity Ratio (DER); Stock Price.

scholarly journals Pengaruh perputaran modal kerja piutang kas dan persediaanterhadapnet profit margin pada perusahaan industri barang konsumsi di BEI

JURNAL PUNDI ◽  
2018 ◽  
Vol 2 (1) ◽  
Author(s):  
Martius Martius
Keyword(s):  
Consumer Goods ◽  
Stock Exchange ◽  
Sampling Technique ◽  
Financial Statements ◽  
Profit Margin ◽  
Working Capital ◽  
Net Profit ◽  
Inventory Turnover ◽  
Consumer Goods Industry ◽  
Operational Activities

In the development of free trade and great globalization to the way the company in carrying out operational activities in order to be more effective and efficient. This study aims to determine the turnover of working capital, receivable turnover, cash turnover and inventory turnover of Net Profit Margin (NPM) in consumer goods industry companies listed on the Indonesia Stock Exchange period 2012-2016. The sampling technique used is purposive sampling with the criteria of Consumer Goods Industry which always present the financial statements as of December 2012-2016. The results of this study indicate that partially working capital turnover and receivable turnover have no significant effect on net profit margin, while receivable turnover and cash turnover and inventory turnover significantly influence net profit margin. But simultaneously rotation of working capital, receivable turnover, cash turnover and inventory turnover significantly affect net profit margin. The Adjusted R square value shows that secar jointly with working capital turnover, receivable turnover, cash turnover and inventory turnover contributed to net profit margin of 38.3% while the remaining 61.2% was influenced by other variables not included in this study.

PROFITABILITAS PADA PERUSAHAAN SYARIAH DI DAFTAR EFEK SYARIAH

2021 ◽  
Vol 3 (1) ◽  
pp. 59-76
Author(s):  
Mellya Embun Baining ◽  
Lusiana Aryani
Keyword(s):  
Consumer Goods ◽  
Total Asset ◽  
Coefficient Of Determination ◽  
F Test ◽  
Independent Variables ◽  
Industry Sector ◽  
Asset Turnover ◽  
Inventory Turnover ◽  
Consumer Goods Industry ◽  
Islamic Companies

The purpose of this study was to determine the effect of cash turnover, inventory turnover and total asset turnover on profitability in Islamic companies in the list of sharia effects in the consumer goods industry sector in 2019. This study uses independent variables, namely cash turnover, inventory turnover and total asset turnover. The dependent variable is profitability. The data used in this study are secondary data, namely in the form of financial reports of Islamic companies in the consumer goods industry sector in 2018 and 2019. The year 2018 is used to compare 2019. This research is descriptive with a quantitative approach. Statistical mode using multiple linear regression analysis, t test, f test, and coefficient of determination analysis. The results of this study indicate that cash turnover and total asset turnover have an effect on profitability. Inventory turnover has no effect on profitability. By using the F test, it is found that the independent variable has a simultaneous influence on the dependent variable. The calculation of the coefficient of determination shows that all independent variables, namely cash turnover, inventory turnover and total assets turnover can explain the profitability variable of 36.7%, the remaining 63.3% is influenced by other variables not examined in this study.

scholarly journals PENGARUH MANAJEMEN MODAL KERJA TERHADAP PROFITABILITAS PADA CONSUMER GOODS SECTOR

2021 ◽  
Vol 29 (1) ◽  
pp. 43-56
Author(s):  
Prafidhya Dwi Yulianto ◽  
Lilik Ambarwati
Keyword(s):  
Linear Regression ◽  
Multiple Linear Regression ◽  
Consumer Goods ◽  
Annual Report ◽  
T Test ◽  
Purposive Sampling ◽  
Independent Variables ◽  
Regression Methods ◽  
Inventory Turnover ◽  
Independent Variable

The purpose of this research is to know the influence of Working CapitalManagement on Profitabilty in Consumers Goods listed on the Bursa EfekIndonesia (BEI) aims to analyze the influence of woring capital in the from of:Cash Turnover, Account Receivable Turnover, and Inventory Turnover toProfitability (Return On Asset) at Consumers Goods Sector. This research methoduses multiple linear regression analysys with the help of SPSS 23.00 softwarewhich is used to see the inflyence between the independent variables in the fromCash Turnover, Account Recevaible Turnover, and Inventory Turnover to ReturnOn Asset (ROA)). The sample of this research is 31 consumer goods sector in2015-2018, so there are 124 annual report obtained through purposive sampling,then analyzed using multiple linear regression methods. The result showed thadbased on the F test, the independent variable had an effect on the ROA, it isindicated of 6.765 and significance of 0.000, overall the independent variable wasable to eaplain the effect 59,60%. While based on the partial t test, shows that thevariable Cash Turnover, Account Recevaible Turnover, and Inventory Turnoverhas a positive and siginificant effect on Profitability.

scholarly journals Dinamika Bisnis Selama Pandemi Covid-19 pada Tingkat Likuiditas Perusahaan Pertanian dan Consumer Goods di Indonesia

2021 ◽  
Vol 4 (1) ◽  
pp. 97-120
Author(s):  
Arsheila Primadita ◽  
Nadia Asandimitra Haryono
Keyword(s):  
Regression Analysis ◽  
Panel Data ◽  
Firm Size ◽  
Consumer Goods ◽  
Debt Ratio ◽  
Working Capital ◽  
Purposive Sampling ◽  
Panel Data Regression ◽  
Data Regression ◽  
Inventory Turnover

The purpose of this research is to empirically prove the effect of firm size, receivable turnover, debt ratio, inventory turnover, and working capital turnover on liquidity as well as changes during the covid-19 pandemic. The object of this research is taken from the agricultural sector and consumer goods which enlisted on IDX period quarterly IV 2019, quarterly I-II 2020. This type of research is quantitative and used secondary data which consists of a quarterly financial report on IDX. The samples are obtained by using the purposive sampling method and produced 75 samples of industry. The research uses the panel data regression analysis method. Based on the result of panel data regression analysis indicated that only the debt ratio has a negative significant relation to liquidity. Firm size, receivable turnover, inventory turnover and working capital turnover aren’t significant because increase or decrease in these variables do not affect the level of liquidity. During the covid-19 pandemic, there was no change in the relationship between each independent variable on liquidity.Tujuan dari penelitian ini adalah untuk membuktikan secara empiris pengaruh ukuran perusahaan, perputaran piutang, rasio hutang, perputaran persediaan, dan perputaran modal kerja terhadap likuiditas serta perubahan selama pandemi covid-19. Objek penelitian ini diambil dari sektor pertanian dan consumer goods yang terdaftar di BEI periode triwulan IV 2019 sampai dengan triwulan I-II 2020. Jenis penelitian ini adalah kuantitatif dan menggunakan data sekunder yang terdiri dari laporan keuangan triwulanan di BEI. Pengambilan sampel dilakukan dengan menggunakan metode purposive sampling dan menghasilkan 75 sampel perusahaan. Metode yang digunakan dalam penelitian ini adalah metode analisis regresi data panel. Hasil analisis menunjukkan bahwa hanya rasio hutang yang berpengaruh signifikan negatif terhadap likuiditas. Ukuran perusahaan, perputaran piutang, perputaran persediaan dan perputaran modal kerja tidak signifikan karena kenaikan atau penurunan variabel tersebut tidak mempengaruhi tingkat likuiditas. Selama pandemi Covid-19, tidak ada perubahan hubungan antara masing-masing variabel independen terhadap likuiditas.

scholarly journals Pengaruh Net Profit Margin, Debt to Equity Ratio dan Inventory Turnover terhadap Harga Saham pada Perusahaan Consumer Goods Industry yang terdaftar di Bursa Efek Indonesia

Owner ◽  
2020 ◽  
Vol 4 (1) ◽  
pp. 69 ◽  
Author(s):  
Herlina Novita ◽  
Alex Candra Situmorang
Keyword(s):  
Consumer Goods ◽  
Profit Margin ◽  
Purposive Sampling ◽  
Net Profit ◽  
Inventory Turnover ◽  
Equity Ratio ◽  
Consumer Goods Industry

Penelitian ini bertujuan untuk menguji apakah Net profit margin, Debt to Equity Ratio dan Inventory Turnover memiliki pengaruh terhadap Harga Saham pada perusahaan Consumer Goods Industry yang terdaftar di Bursa Efek Indonesia. Penelitian ini merupakan jenis penelitian deskriptif kuantitatif, yang menggunakan data dari 37 perusahaan Consumer Goods Industry yang terdaftar di Bursa Efek Indonesia. Metode pengambilan sampel yang digunakan dalam penelitian ini adalah Purposive sampling dan diperoleh sampel sebanyak 14 sampel. Data yang digunakan adalah laporan keuangan dari masing-masing perusahaan sampel yang dipublikasikan melalui situs www.idx.co.id. Adapun variabel yang berkaitan dalam penelitian ini adalah Net Profit Margin, Debt to Equity Ratio dan Inventory Turnover. Metode penelitian yang digunakan adalah metode analisis deskriptif dan metode analisis regresi linear berganda.Hasil penelitian ini menunjukkan bahwa secara parsial Net Profit Margin berpengaruh positif dan signifikan terhadap Harga Saham, sedangkan Debt to Equity Ratio tidak berpengaruh dan tidak signifikan terhadap Harga Saham dan juga Inventory Turnover berpengaruh negatif dan signifikan terhadap Harga Saham pada perusahaan Consumer Goods Industry yang terdaftar di Bursa Efek Indonesia. Hasil penelitian lain juga menunjukkan bahwa secara simultan Net Profit Margin, Debt to Equity Ratio dan Inventory Turnover bersama-sama berpengaruh signifikan terhadap Harga Saham pada perusahaan Consumer Goods Industry yang terdaftar di Bursa Efek Indonesia.

scholarly journals Pengaruh Return On Asset, Current Ratio, Debt to Equity Ratio dan Inventory Turnover Terhadap Return Saham pada Perusahaan Sektor Barang Konsumsi yang Terdaftar di Bursa Efek Indonesia Tahun 2017-2019

2021 ◽  
Vol 5 (2) ◽  
pp. 392
Author(s):  
Wahyu Alfrian Marindra ◽  
Easter Inisensia Simbolon ◽  
Laila Anjelia ◽  
Siti Dini
Keyword(s):  
Stock Returns ◽  
Consumer Goods ◽  
Stock Return ◽  
Sampling Method ◽  
Secondary Data ◽  
Manufacturing Companies ◽  
Current Ratio ◽  
Analysis Technique ◽  
Inventory Turnover ◽  
Equity Ratio

Consumer Goods Sector Manufacturing Companies Listed on Bursa Efek Indonesia From 2017 until 2019 are the objects in this research. The purpose of this research is none other than to knowing how much ROA, CR, DER, and ITO affects the Stock Return. Data taken is the secondary data with sampling method using purposive sampling. Samples obtained for three years of research as many as 66. Analysis technique used is multiple linear regression, with the result obtained that Return On Asset has a positive and significant effect on Stock Returns, Current Ratio doesn’t have an effect and insignificant on Stock Returns, Debt to Equity Ratio doesn’t have an effect and insignificant on Stock Returns, and Inventory Turnover doesn’t have an effect and insignificant on Stock Returns at Manufacturing Companies in  The Consumer Goods Industry Sector Listed on IDXin 2017 until 2019.

scholarly journals PENGARUH PERPUTARAN KAS, PERPUTARAN PIUTANG, DAN PERPUTARAN PERSEDIAAN TERHADAP PROFITABILITAS (Studi Empiris Pada Perusahaan Manufaktur Sektor Barang Konsumsi yang Terdaftar di Bursa Efek Indonesia (BEI) Periode 2016-2019)

2021 ◽  
Vol 2 (1) ◽  
pp. 17-30
Author(s):  
Jadongan Sijabat ◽  
Monica Indriyani Sijabat
Keyword(s):  
Consumer Goods ◽  
Stock Exchange ◽  
Linear Regression Analysis ◽  
Secondary Data ◽  
Sampling Technique ◽  
Manufacturing Companies ◽  
Return On Assets ◽  
Accounts Receivable ◽  
Inventory Turnover ◽  
Consumer Goods Industry

Profitability is the company's ability to earn a profit. One of the factors that can affect the profitability of a company is financial ratio. The purpose of this study was to determine how the influence of Cash Turnover, Accounts Receivable Turnover, and Inventory Turnover on Profitability which will be measured through Return On Assest (ROA) in consumer goods industry manufacturing companies listed on the Indonesia Stock Exchange (IDX) for the 2016-2019 period. The population in this study is the consumer goods industry sector, which number as many as 53 companies. The sample of this research is 30 companies taken based on purposive sampling technique. This study uses secondary data in the form of corporate financial reports obtained through www.idx.co.id. The data analysis method used is multiple linear regression analysis with a significant level of 5% using SPSS software.                The results of this study indicate that partially cash turnover has no significant negative effect on Return on Assets (ROA), accounts receivable turnover has a positive and significant effect on Return on Assets (ROA), inventory turnover has no significant positive effect on Return on Assets (ROA). The results simultaneously explain that cash turnover, accounts receivable turnover, and inventory turnover have a significant effect on ROA in manufacturing companies in the consumer goods industry listed on the Indonesia Stock Exchange. The Adjusted R Square value is 0.560. This means that 56% of profitability is affected by cash turnover, accounts receivable turnover, and inventory turnover. While the remaining 44% is influenced by other factors not examined in this study.

DOES WORKING CAPITAL MANAGEMENT AFFECT THE PROFITABILITY OF CONSUMER GOODS MANUFACTURING FIRMS IN NIGERIA?

2021 ◽  
Vol 15 (1) ◽  
Author(s):  
J. OLABISI ◽  
D. A. OLADEJO ◽  
O. O. OWORU ◽  
M. A. ABIORO
Keyword(s):  
Consumer Goods ◽  
Control Variable ◽  
Manufacturing Firms ◽  
Manufacturing Companies ◽  
Capital Management ◽  
Working Capital ◽  
Working Capital Management ◽  
Cash Conversion Cycle ◽  
Ex Post ◽  
Inventory Turnover

The study examined the effect of working capital management on profitability of consumer goods manufacturing firms in Nigeria between the periods 2009 to 2018. The study adopted ex-post-facto design to generate data from the audited financial statements of the selected companies. The population of the study comprised 24 listed consumer goods manufacturing companies, out of which 10 were purposively selected based on the availability of data. The surrogates for independent variables were Account Payable Period (APP), Account Receivable Period (ARP), Inventory Turnover Period (INVTP), Cash Conversion Cycle (CCC) and Sales Growth (SG) as a control variable while the proxy for profitability was Return on Asset (ROA). Descriptive and inferential statistics coupled with multiple regressions were adopted to analyze the data.  The Random Effects Generalized Least Square showed that ARP, INVTP, CCC had a negative and significant relationship with ROA while APP, SG had a positive and insignificant relationship with ROA. The study concluded that timely collection of debts and shorter inventory turnover period with cash conversion cycle enhance profitability of consumer goods manufacturing companies. Hence, the study suggested that the management of the companies should implement efficient working capital management for improved profitability.    

scholarly journals PENGARUH LIKUIDITAS DAN MODAL KERJA TERHADAP PROFITABILITAS PADA PERUSAHAAN INDUSTRI BARANG KOSUMSI

2019 ◽  
Vol 8 (9) ◽  
pp. 5401
Author(s):  
Ni Kadek Sugiartini ◽  
Sayu Ketut Sutrisna Dewi
Keyword(s):  
Consumer Goods ◽  
Stock Exchange ◽  
Sampling Technique ◽  
Behavioral Observation ◽  
Analysis Tool ◽  
Working Capital ◽  
Current Ratio ◽  
Accounts Receivable ◽  
Inventory Turnover ◽  
Consumer Goods Industry

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  

Sign in / Sign up

Export Citation Format

Share Document