PENGARUH PERPUTARAN PIUTANG DAN PERPUTARAN MODAL KERJA TERHADAP LIKUIDITAS PERUSAHAAN CONSUMER GOODS

Abstract

This research is meant to find out the influence of account recievable turnover and working capital
turnover to the liquidity of Consumer Goods companies which are listed in Indonesia Stock Exchange
in 2011-2015 periods. The research sample collection has been carried out by using purposive
sampling and the data is 11 Consumer Goods companies which are listed in Indonesia Stock Exchange
in 2011-2015 periods. The research has been done by using quantitative method; meanwhile the data
analysis has been carried out by using multiple linear regressions analysis, and classic assumption
test previously which consists of normality test, multicolonearity test, heteroscedasticity test, and
autocorelation test. The hypothesis test has been carried out by using model feasibility test, t test and
partial coeficient determination and the SPSS computer program. Based on the result of t test shows
that the account receivable turnover to the liquidity has firm correlation with its negative direction is
4.317, meanwhile the working capital turnover has firm correlation with its negative direction is
4.346. Based on the result of partial coefficient determination, it has been found that independent
variable which has dominant and significant influence is working capital, because its partial coefficient
determination is the largest that is 31.5%.

Keywords: Account recievables turnover, working capital turnover, and liquidity.