PENGARUH PERPUTARAN KAS, PERPUTARAN PIUTANG DAN PERPUTARAN PERSEDIAAN TERHADAP PROFITABILITAS

Abstract

The Pandemic of Covid-19 gives a very significant influence on the global world economy, especially in Indonesia; where its spread caused economic contraction. As consequence, unemployment is increasing and makes unstable economic growth. Moreover, some companies also have difficulty maintaining their profitability. This research aimed to examine the effect of cash flow, receivable account flow, and supply flow on profitability. Furthermore, the research problem was cash flow, receivable account flow, and supply flow affected profitability. The sample was 13 Food and Beverage companies listed on the Indonesia Stock Exchange (IDX) during 2017-2021. Additionally, the research was quantitative. The data were secondary, in form of companies’ financial statements. In addition, the data analysis technique used regression, classical assumption, proper model, and hypothesis test (t-test) with SPSS. The result showed that both cash flow and receivable account flow had a positive effect on profitability. In contrast, supply flow had a negative and insignificant effect on profitability.