scholarly journals EFEKTIVITAS DAN EFISIENSI MODAL KERJA DALAM MEMPENGARUHI PEROLEHAN RETURN ON ASSET PADA PERUSAHAAN SEMEN YANG TERDAFTAR DI BURSA EFEK INDONESIA

2021 ◽  
Vol 8 (1) ◽  
pp. 1-12
Author(s):  
Alhidayatullah Alhidayatullah
Keyword(s):  
Stock Exchange ◽  
Hypothesis Test ◽  
Coefficient Of Determination ◽  
Test Results ◽  
Analysis Method ◽  
Working Capital ◽  
Return On Assets ◽  
Accounts Receivable ◽  
Calculation Results ◽  
Inventory Turnover

This study aims to determine cash turnover, accounts receivable turnover, inventory turnover, working capital turnover in influencing return on assets (ROA) in cement companies listed on the Indonesia Stock Exchange for the period 2016 - 2019. This study uses an explanatory analysis method with a quantitative approach, namely a research method that intends to explain the position of the variable under study and the causal relationship between one variable and another through hypothesis testing and focuses on variable problems with concepts that have value and looking for relationships between these variables. Hypothesis test results show that cash turnover to ROA is tcount -1,204 <ttable 2,365 and sig t 0,268> 0,05, turnover of accounts receivable to ROA is calculated from tcount 0.078 <ttable 2.365, and sig t 0.940> 0.05, inventory turnover at ROA where the value of t count -1.099 <t table 2.365, and sig t 0.308> 0.05, and the turnover of working capital to ROA, the calculation is t count 0.628 <t table 2.365, and sig t 0.550> 0.05, which explains that all independent variables have no significant effect on ROA. While cash turnover, accounts receivable turnover, inventory turnover, and working capital turnover together (simultaneously) do not have a significant effect on return on assets, the calculation results show Fcount 0.672 <Ftable 4.120 and the significance is 0.632> 0.05. Based on the analysis of the coefficient of determination, the effect of cash turnover, accounts receivable turnover, inventory turnover, and working capital turnover on return on assets is 27.8%, the remaining 72.2% is influenced by other factors not examined.

scholarly journals Pengaruh Cash Turnover, Receivable Turnover, dan Inventory Turnover Terhadap Return On Asset Perusahaan Sektor Makanan dan Minuman yang Terdaftar di Bursa Efek Indonesia Periode 2013 – 2015

2018 ◽  
Vol 9 (1) ◽  
Author(s):  
Linda Vania Wijaya ◽  
Lauw Tjun Tjun
Keyword(s):  
Sampling Method ◽  
Stock Exchange ◽  
Linear Regression Analysis ◽  
Multiple Linear Regression Analysis ◽  
Test Results ◽  
Working Capital ◽  
Return On Assets ◽  
Accounts Receivable ◽  
Food And Beverage ◽  
Inventory Turnover

Abstract Working capital is the sum of current assets owned by the company such as cash, marketable securities, accounts receivable, and inventory that is always spinning to get revenue. The purpose of this study was to examine and analyze (1) the effect of Cash Turnover, Receivable Turnover and Inventory Turnover on Return On Assets, (2) the effect of Cash Turnover on Return On Assets, (3) the effect of Receivable Turnover on Return On Assets, and (4) the effect of Inventory Turnover on Return on Asset on the food and beverage sector companies listed on Indonesia Stock Exchange in 2013-2015 period. Samples taken in this study using purposive sampling method. Data collected by recording the document, and then analyzed using multiple linear regression analysis,            F test, and t test. Results showed that simultaneous Cash Turnover, Receivable Turnover and Inventory Turnover affect the Return On Assets. While partially, it was found that only Cash Turnover and Inventory Turnover affecting the Return On Asset. Keywords:  Cash Turnover; Inventory Turnover; Receivable Turnover; Return  On Asset

scholarly journals The Influence of Accounts Receivable Turnover and Inventory Turnover on Profitability at PT Sumber Alfaria Trijaya Tbk

2018 ◽  
Vol 2 (1) ◽  
pp. 77
Author(s):  
Amthy Suraya
Keyword(s):  
Stock Exchange ◽  
Secondary Data ◽  
T Test ◽  
Coefficient Of Determination ◽  
Return On Assets ◽  
Accounts Receivable ◽  
Sales Process ◽  
Inventory Turnover ◽  
Independent Variable ◽  
Retail Company

The sales process at a distribution or retail company cannot be separated from the influence of the inventory held by the company. This study aims to analyze the effect of Accounts Receivable Turnover and Inventory Turnover on Return on Assets (ROA) of the company. The data used in this study are secondary data sourced from financial data on the Indonesia Stock Exchange contained in the company's financial statements. This research was conducted at PT Sumber Alfaria Trijaya Tbk in the period 2011-2017. The statistical analysis used in this study is the classic assumption test, multiple linear regression, coefficient of determination, and hypothesis testing using the t-test and f test. Partially (t-test) obtained receivables turnover (X1) has no effect but is not significant on Return on Assets (ROA), while inventory turnover (X2) has an effect but not significantly on Return on Assets (ROA) (Y). Simultaneously (test f) obtained Receivables Turnover (X1) and inventory turnover (X2) have a significant effect on Return On Assets (ROA). Based on the results of R2 the independent variable Accounts receivable turnover and inventory turnover have an effect of 80.1% on the dependent variable that is Return on Assets (ROA), while the remaining 19.9%, is influenced by other variables not examined in the study.

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
Keyword(s):  
Stock Exchange ◽  
Hypothesis Test ◽  
Linear Regression Analysis ◽  
Secondary Data ◽  
Multiple Linear Regression Analysis ◽  
Coefficient Of Determination ◽  
Manufacturing Companies ◽  
Working Capital ◽  
Saturated Sample ◽  
Inventory Turnover

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.

scholarly journals PENGARUH PERPUTARAN KAS, PERPUTARAN PIUTANG DAN PERPUTARAN PERSEDIAAN TERHADAP PROFITABILITAS PADA PERUSAHAAN SUB SEKTOR OTOMOTIF DAN KOMPONEN YANG TERDAFTAR DI BURSA EFEK INDONESIA

2019 ◽  
Vol 5 (1) ◽  
pp. 66-73
Author(s):  
Wisnu Wardana ◽  
Jubi Jubi ◽  
Ady Inrawan ◽  
Musa Fernando Silaen
Keyword(s):  
Linear Regression ◽  
Multiple Linear Regression ◽  
Asset Management ◽  
Stock Exchange ◽  
Coefficient Of Determination ◽  
Test Results ◽  
Accounts Receivable ◽  
Negative Effect ◽  
Inventory Turnover ◽  
Positive Effect

The results of this study can be summarized as follows, the average CTO tends to decrease, the average RTO tends to increase, the average ITO tends to decrease and the average ROA tends to decrease. The results of testing multiple linear regression are known that Cash Turnover and Inventory Turnover have a positive effect while Accounts Receivable has a negative effect on profitability in Automotive and Component Sub-Sector Companies listed on the Indonesia Stock Exchange. The correlation coefficient test results have a low relationship between Cash Turnover, Accounts Receivable Turnover and Inventory Turnover with profitability. While the coefficient of determination (R Square) states profitability is influenced by Cash Turnover, Accounts Receivable Turnover and Inventory Turnover. Cash Turnover, Receivable Turnover and Inventory Turnover have no significant effect on profitability partially. Cash Turnover, Receivable Turnover and Inventory Turnover have no significant effect on profitability simultaneously               The suggestions for company in this research is that companies should optimize asset management, companies should maintain and improve cash turnover, accounts receivable turnover and inventory turnover in order to increase company profits Keywords: Cash Turnover, Receivable Turnover, Inventory Turnover and Profitability

scholarly journals Pengaruh Perputaran Kas, Persediaan, Piutang, Modal Kerja Terhadap Profitabilitas Perusahaan

2020 ◽  
Vol 25 (2) ◽  
pp. 270
Author(s):  
S. Dini, S. Silalahi, E. Marpaung, D. S. Sihombing, L. Rajagukguk
Keyword(s):  
Manufacturing Industry ◽  
Stock Exchange ◽  
Sampling Technique ◽  
Coefficient Of Determination ◽  
Manufacturing Companies ◽  
Working Capital ◽  
Accounts Receivable ◽  
Research Population ◽  
Inventory Turnover ◽  
Causal Nature

The purpose of this study is to determine the effect of Cash Turnover, Inventory Turnover, Receivable Turnover, and Working Capital Turnover on Profitability in Consumers Manufacturing Industry Manufacturing Companies Listed on the Indonesia Stock Exchange in 2015-2017. The research method used quantitative approach, the type of descriptive research and its cumulative causal nature. The research population was 50 companies and the sample was 14 companies with a purposive sampling technique. Data collection techniques by means of documentation and sources of IDX financial statements. This study uses multiple linear regression test before testing the data hypothesis and tested using the classic assumption test. The results of the analysis of the coefficient of determination obtained R Square value of 0.152, which means the variance of the profitability variable that can be explained by the variables Cash Turnover, Inventory Turnover, Receivable Turnover, and Working Capital Turnover is 15.2% and the remaining 84.8% is explained by other variables. This research shows that simultaneous cash turnover, inventory turnover, accounts receivable turnover, and working capital turnover have a positive and significant effect on profitability. Partially Cash Turnover has no effect on Profitability, Inventory Turnover has a negative andno significant effect on Profitability, Accounts Receivable Turnover has no effect on Profitability and Working Capital Turnoverpositive and significant effect on Profitability.

scholarly journals PENGARUH WORKING CAPITAL TURNOVER (WCT), CURRENT RATIO (CR), DAN TOTAL ASSETS TURNOVER (TATO) TERHADAP PROFITABILITAS

2021 ◽  
Vol 8 (1) ◽  
pp. 1-8
Author(s):  
Melia Trie Utami ◽  
Gusganda Suria Manda
Keyword(s):  
Research Method ◽  
Stock Exchange ◽  
Linear Regression Analysis ◽  
Multiple Linear Regression Analysis ◽  
Coefficient Of Determination ◽  
Working Capital ◽  
Return On Assets ◽  
Current Ratio ◽  
Negative Effect ◽  
Positive Effect

The purpose of this study was to examine and analyze the effect of Working Capital Turnover (WCT), Current Ratio (CR), and Total Assets Turnover (TATO) on Profitability with the Return On Assets (ROA) proxy on cigarette sub sector companies listed on the Indonesia Stock Exchange (IDX) quarterly in 2014-2019, both partially and simultaneously. The research method used is descriptive verification with quantitative approaches. The sample in this study used purposive sampling. The statistical method used is the method of multiple linear regression analysis. The results showed that the Working Capital Turnover (WCT), Current Ratio (CR), and Total Assets Turnover (TATO) simultaneously had a significant effect on the Return on Assets (ROA) profitability. Partially Working Capital Turnover (WCT) has a significant negative effect on Return on Assets (ROA) profitability, Current Ratio (CR) has no effect on Return on Assets (ROA) Profitability, and Total Assets Turnover (TATO) has a significant positive effect on Return on Profitability Assets (ROA). The coefficient of determination obtained by 0.429 means that only 42.9% Profitability Return on Assets (ROA) is influenced by Working Capital Turnover (WCT), Current Ratio (CR), and Total Assets Turnover (TATO) and the rest 57.1 % is influenced by other variables.

scholarly journals PENGARUH VARIABEL KEUANGAN PERUSAHAAN (RETURN ON ASSET, EARNING PER SHARE, CURRENT RATIO, DAN FINANCIAL LEVERAGE) TERHADAP UNDERPRICING

2014 ◽  
Vol 4 (1) ◽  
pp. 48
Author(s):  
Maryoto Maryoto ◽  
Salamatun Asakdiyah
Keyword(s):  
Initial Public Offering ◽  
Stock Exchange ◽  
T Test ◽  
Coefficient Of Determination ◽  
Test Results ◽  
Financial Leverage ◽  
Return On Assets ◽  
Current Ratio ◽  
A Value ◽  
Public Offering

This research wa carried out on companies that do the Initial Public Offering (IPO) in the period 2008-2009. With a population of 31 companies and get a sample of 27 companies with the technique of sampling using purposive sampling. In this study tested the hypothesis by using multiple regression and t test. After doing an analysis of 27 companies in initial public offering in 2008 until 2009 are listed in Indonesia Stock Exchange, obtained the results of the calculation of the coefficient of determination (R2) obtained a value 0f 0.170 is in a position of positive mean return on assets (ROA), earning per share (EPS), current ratio (CR), and financial leverage (FL) 1.7% to explain underpricing. Thus 98.3% underpricing is explained by other variables not examined in this study. By using the t test for variable return on assets (ROA), earnings per share (EPS), current ratio (CR), and financial leverage (FL) had no significant influence on underpricing with the test results significantly greater value than the alpha (5%).

scholarly journals Pengaruh DER, Perputaran Modal Kerja dan Ukuran Perusahaan Terhadap NPM pada Industri Farmasi Yang Listing di Bursa Efek Indonesia Periode 2012-2016

2019 ◽  
Vol 4 (2) ◽  
pp. 403
Author(s):  
Susi Artati
Keyword(s):  
Firm Size ◽  
Stock Exchange ◽  
Hypothesis Test ◽  
Linear Regression Analysis ◽  
Multiple Linear Regression Analysis ◽  
Profit Margin ◽  
Coefficient Of Determination ◽  
Working Capital ◽  
Net Profit ◽  
Equity Ratio

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

scholarly journals Pengaruh Loan To Deposit Ratio, Capital Adequacy Ratio, Dan Non Performing Loan Terhadap Profitabilitas Perbankan Yang Terdaftar Di Bursa Efek Indonesia (BEI)

2021 ◽  
Vol 9 (2) ◽  
pp. 131-140
Author(s):  
Fanesha Fanesha ◽  
Nusa Muktiadji ◽  
Ganjar Hendrian
Keyword(s):  
Stock Exchange ◽  
Hypothesis Test ◽  
Secondary Data ◽  
Capital Adequacy ◽  
Coefficient Of Determination ◽  
Return On Assets ◽  
Independent Variables ◽  
Capital Adequacy Ratio ◽  
Independent Variable ◽  
The Relationship

This study aims to determine how the influence of Loan to Deposit Ratio, Capital Adequacy Ratio and Non Performing Loans on Banking Profitability Listed on the Indonesia Stock Exchange (IDX) that occurs at PT Bank Central Asia Tbk, PT Bank Rakyat Indonesia (Persero) Tbk, PT Bank Mandiri (Persero) Tbk, PT Bank CIMB Niaga Tbk, PT Bank Negara Indonesia (Persero) Tbk, PT Bank Tabungan Negara (Persero) in 2014-2018. The data used in this study are quantitative data with secondary data sources derived from the financial statements of each bank. This research uses descriptive statistical analysis methods, inference analysis, classic assumption test, multiple linear analysis and coefficient of determination. Regression analysis is used to find out how the influence of independent variables on the dependent variable with a significance value of 5 percent. While the determination coefficient analysis is used to determine the relationship between the independent variable and the dependent variable. From the partial hypothesis test (T Test) that has been done by the author, it is obtained that the Loan to Deposit Ratio affects Return On Assets, Capital Adequacy Ratio has no effect on Return On Assets and Non Performing Loans has no effect on Return On Assets. For simultaneous hypothesis testing (Test F), the results obtained are that the independent variables namely Loan to Deposit Ratio, Capital Adequacy Ratio and Non Performing Loans simultaneously influence the Return on Assets.   Key words :     Loan to Deposit Ratio (LDR), Capital Adequacy Ratio (CAR), Non Performing Loan (NPL), Return On Asset (ROA).

scholarly journals PENGARUH ANALISIS ELEMEN MODAL KERJA TERHADAP PROFITABILITAS ( ROI ) PADA PT. HANJAYA MANDALA SAMPOERNA , Tbk.

2018 ◽  
Vol 3 (01) ◽  
Author(s):  
Musianah Musianah ◽  
Jianto B. Amiranto
Keyword(s):  
Return On Investment ◽  
Stock Exchange ◽  
Secondary Data ◽  
Manufacturing Companies ◽  
Working Capital ◽  
Financial Reports ◽  
Accounts Receivable ◽  
Financial Factors ◽  
Operating Profit ◽  
Inventory Turnover

ABSTRACTThe Company was established with the aim to obtain operating profit. One way that can be done is to increase the profitability of the company. The company's profitability is influenced by a variety of financial factors which can be measured using financial ratios. The purpose of this study was to analyze the influence of the elements utuk rotation modes of work, namely perputran working capital, cash perputran receivable turnover and inventory turnover perusahanaan on profitability (Return On Investment) company. Population peneleitian is manufacturing companies listed in Indonesia Stock Exchange (BEI) is a renowned roko Company PT. HANJAYA MANDALA, Tbk. Samples used in this research are secondary data from reports keuanagan the period 2011 to 2015. The data obtained from the company's financial reports the official website of the Stock Exchange www.idx.co.id. And from the Indonesia Stock Exchange that are in UNIVERSITAS TUJUH BELAS AGUSTUS SURABAYA. Classical assumption test and multiple regression analyzes were performed using an SPSS version 22.0The results of this study indicate that the regression model is compliant with the study that there are no symptoms heteroskedastisitas, multikoliniearitas, and autocorrelation as well as the data used beristribusi normal. Regeresi multiple analysis results indicate that the F test, cash turnover , accounts receivable turnover, and inventory turnover significant effect on profitability (ROI). In test T cash turnover , receivables turnover and inventory turnover significant effect on profitability (ROI) Keywords: Cash Turnover , Accounts Receivable Turnover, Turnover supplies of , Profitability (ROI).

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