scholarly journals Pengaruh Likuiditas, Efisiensi Penggunaan Modal Kerja dan Leverage terhadap Profitabilitas pada Perusahaan Manufaktur Sektor Industri Barang Konsumsi yang terdaftar di Bursa Efek Indonesia

2016 ◽  
Vol 10 (2) ◽  
pp. 1-10
Author(s):  
Agus Rahman Alamsyah ◽  
Zainul Muchlas

This study aims to determine how much influence the liquidity proxied current ratio (CR), the efficiency of working capital is proxied working capital turnover (WCT) and the leverage that proxy debt to equity ratio (DER) to profitability that proxy return on investment (ROI) on companies Manufacturing Sector Consumer Goods Industry listed in the Indonesia Stock Exchange. The results showed that the variable current ratio (CR) partially no effect on the return on investment (ROI), variable working capital turnover (WCT) partially significant effect on return on investment (ROI) variable debt to equity ratio (DER) is partial no significant effect on return on investment (ROI). Variable current ratio (CR), working capital turnover (WCT), debt to equity ratio (DER) simultaneously affect the return on investment (ROI) at manufacturing consumer goods industry sectors listed on the Jakarta Stock Exchange 

2016 ◽  
Vol 1 (1) ◽  
Author(s):  
Erwin Dyah A. ◽  
Umi Kholifah

Research on the influence of the efficiency of working capital, liquidity and solvency to profitability on industrial consumer goods intends to analyze effect to working capital efficiency, liquidity and solvency to profitability on industrial consumer goods. The research data acquired of financial statements (secondary) and processed using SPSS 22.0 program. Objects of this research were industrial consumer goods companies listed on the Indonesian Stock Exchange (ISE) in the period 2011 to 2014 with sample of as many as 16 companies. The results of research to point out that : (1) Partially only variable working capital turnover (WCT) and the current ratio (CR) which has a significant influence on the return on investment (ROI) while the variable debt to equity ratio (DER) was not proven significant effect on return on investment (ROI), it is confirmed from the results of t-test showed significance level obtained from variable working capital turnover (WCT) and the current ratio (CR) is smaller than the standard used is 0% and 3,3% from 5% whereas the level of significance of variable debt to equity ratio (DER) is greater than the standard used is 23,7% of 5%. (2) simultaneously, working capital turnover (WCT), current ratio (CR) and debt to equity ratio (DER) on return on investment (ROI) have a positive and significant effect on return on investment (ROI), which is evident from the results of the f-test showed significance level obtained is smaller than the standard used is 0% from 5%. (3) Variable working capital turnover (WCT) has a dominant influence on the return on investment (ROI) with a correlation obtained by 25,71%.Keywords : working capital efficiency (WCT), liquidity (CR), solvency (DER), profitability (ROI), industrial consumer goods companies.


Author(s):  
Yusi Amelia ◽  
Rina Y Asmara

This study aims to analyze the effect of current ratio (CR), debt to equity ratio (DER), and return on equity ratio (ROE) on dividend payout ratio (DPR) in the consumer goods industry sector listed in Indonesia Stock Exchange period of 2012-2017. The sample selection in this study using purposive sampling method and got 13 companies that match the criteria. From result of research got value of adjusted R-Square equal to 62.64%. It indicated that return on equity has a significant negative effect on dividend payout ratio with regression coefficient equal to -1.070932. However, the result of current ratio has insignificant negative effect on the dividend payout ratio with regression coefficient of -2.462612 and debt to equity ratio has insignificant positive effect on the dividend payout ratio with regression coefficient of 0.012540.


2019 ◽  
Vol 14 (4) ◽  
Author(s):  
Christina Christina ◽  
Monica Monica ◽  
Agnes Aurelia ◽  
Sherley Fitria ◽  
Lina Lina ◽  
...  

The purpose of this research is to provide and increase knowledge for the readers and to analyze the effect of Current Ratio, Working Capital Turnover, Debt to Equity Ratio, and Total Assets Turnover on Return on Investment in food and beverage companies listed on the Indonesia Stock Exchange for the period 2012-2017. The study population used was 20, the research sample of 11 companies. The research method uses quantitative statistics. The data analysis technique uses the classic assumption test. Hypothesis testing is assessed by multiple linear regression test, T test, and F test. The hypothesis test results of the determination coefficient obtained Adjusted R Square (R2) value of 58%, so it can be said that the variable Current Ratio (X1), Debt to Equity Ratio (X2), Working Capital Turnover (X3), and Total Assets Turnover (X4) affect the Return on Investment (Y) of 58% and the remaining 42% is influenced by other variables that are not found in this study.


2020 ◽  
Vol 4 (2) ◽  
pp. 86-98
Author(s):  
Eny Maryanti

This study aims to determine whether company size moderates the effect of current ratio, environmental performance and debt to equity ratio on the profitability of consumer goods industry companies found on the Indonesia Stock Exchange (IDX). The period of this research is 2017-2019. The study population includes all consumer goods industry companies found on the Indonesia Stock Exchange (IDX) for the period of 2017-2019. The sampling technique used was purposive sampling. The research population data were 114 companies, and obtained a sample of 45 companies. The data analysis method used is SmartPLS 3 (Partial Least Square). The results of this study indicate: company size can moderate the effect of current ratio, environmental performance and debt to equiy ratio to profitability, firm size weakens the influence of current ratio to profitability, company size weakens the influence of environmental performance on profitability, firm size weakens the influence of debt to equity ratio to profitability. The moderation variable in this study is included in the pure moderation variable (pure moderation) because the moderating effect 1,2,3 has an effect on profitability while the moderating variable (company size) has no effect on profitability.


2019 ◽  
Vol 14 (1) ◽  
Author(s):  
Dianty Putri Purba ◽  
. Sheren ◽  
. Valent ◽  
. Angeline

The objective of this study is to analyze the effect of current ratio (CR), debt to equity ratio (DER), and return on equity (ROE) to dividend payout ratio (DPR) on consumer goods industry listed in Indonesia Stock Exchange along period of 2013-2017. This study uses quantify method with explanatory approach. The sample of this study is 41 firms and conducts multiple regressions for hypothesis testing. This study shows that current ratio, debt to equity ratio, and return on equity simultaneously effect on dividend payout ratio for consumer goods industry listed in Indonesia Stock Exchange along period of 2013-2017 with result F=15,303. Partially, current ratio and debt to equity ratio are insignificant to dividend payout ratio while return on equity has significant and positive with result t =5,398. The determinant coefficient of 0,352 shows that CR, DER, and ROE can explain DPR for 35,2% while the rests or about 64,8% can be explained by other factors excluded for this study.


2019 ◽  
Vol 8 (9) ◽  
pp. 5401
Author(s):  
Ni Kadek Sugiartini ◽  
Sayu Ketut Sutrisna Dewi

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  


2015 ◽  
Vol 5 (2) ◽  
pp. 50
Author(s):  
Mohammad Herli ◽  
Hafidhah ,

This study aimed to examine the effect of the Cash Conversion Cycle and Working Capital Turnover on Return on Assets At the Consumer Goods Industry Listed in Indonesia Stock Exchange (IDX). The method used in this research is the quantitative approach. Results showed variable cash conversion cycle (CCC) and working capital turnover (WCT) simultaneously have a significant effect on profitability (Return on Total Assets). Variabel cash conversion cycle (CCC) partially not have a significant impact on profitability (Return on Total Assets) but variable working capital turnover (WCT) partially have a significant impact on profitability (Return on Total Assets) consumer goods industry issuers listed on the Indonesia Stock Exchange during the period 2010-2014. Keyword : Cash Conversion Cycle, Working Capital Turnover, Return on Assets


2019 ◽  
Vol 118 (5) ◽  
pp. 1-8
Author(s):  
Nursito ◽  
Yulianto Hadi ◽  
Dewi Puspaningtyas Faeni

This study aims to test empirically the factors that affect financial performance: current ratio, debt ratio, debt to equity ratio, total asset turnover, working capital turnover and net profit margin on return on investment in subsector of livestock feed industry listed in Indonesia Stock Exchange during the period 2006-2015.


2017 ◽  
Vol 13 (1) ◽  
pp. 46-62
Author(s):  
Aries Veronica

The purpose of this study was to determine financial performance to stock price ofminning industries at Indonesian Stock Exchange . This research is field research withdata collection techniques using documentation that the sample size is as much as 33emitten. To test the effect of the financial performance to stock price used multipleregression analysis techniques and to test research hypotheses, F test and t test.From the results of calculations using SPSS for Windows version 17, showed that: thevalue of R Square (R2) illustrates that the Stock price (Y), can be explained by thefinancial performance amounted to 65.6%, while the rest 34.4%, can be explained byother factors, which are not included in this study. F Hypothesis test results, obtainedvalue of sig. (98,701)>(0.05), this means that there is influence of the current ratio, totalasset turnover , return on investment, and total debt to total asset ratio together againststock price. While the results of hypothesis testing t as follows: 1) sig. (0.000)< (0.05),which means that there is effect current ratio to stock price; 2) sig.(0.004) < (0.05),which means that there is effect debt to equity ratio to stock price; 3) sig.(0.846) >(0.05), which means that there is no effect total asset turnover to stock price; 4)sig.(0.000) (0.05), which means that there is no effect return on investment to stock price,and 5) sig.(0.700)>(0.05), which means that there is no effect total debt to total assetratio to stock price


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