PENGARUH MANAJEMEN MODAL KERJA TERHADAP PROFITABILITAS PERUSAHAAN MANUFAKTUR SEKTOR PERTAMBANGAN YANG TERDAFTAR DI BEI PERIODE 2016-2019

Abstract

The purpose of this study was to determine the effect of cash turnover, accounts receivable turnover, and inventory turnover on profitability, and to determine the effect of cash turnover, turnover, and inventory turnover simultaneously on profitability (ROA). The population in this study were all weighing companies listed on the Indonesia Stock Exchange, totaling 49 companies for the period 2016 - 2019. The sampling technique used was purposive sampling, so the final sample obtained was 10 companies. The analysis technique used in this research is multiple linear regression analysis. The results showed that the cash turnover and accounts receivable variables had a positive and significant effect on profitability. Meanwhile, the inventory turnover variable does not affect profitability. The results of the study simultaneously variable cash turnover accounts receivable turnover and inventory turnover showed a significant and significant effect on profitability