PENGARUH PERPUTARAN MODAL KERJA, PERPUTARAN KAS, PERPUTARAN PERSEDIAAN, DAN PERPUTARAN PIUTANG TERHADAP PROFITABILITAS

Abstract

This research aims to determine the influence of working capital turnover, cash turnover, inventory turnover, and receivable turnover as independent variables to profitability as a dependent variable on plastic and packaging companies in Indonesia Stock Exchange period 2011-2016. This type of research is a causality study that explains the possibility of causality among variables. In this research, take the population of plastic and packaging company as many as 12 companies in 2016. The method used for sampling is by purposive sampling method, based on predetermined criteria then selected 5 companies as samples of research on plastic and packaging companies. The analytical method used is multiple linear regression analysis using SPSS 24 application. The result of research by using doubled linear regression stated that the working capital rotation has negative and not significant influence to profitability, cash turnover has negative and significant influence to profitability, inventory turnover has positive and insignificant influence on profitability, and receivable turnover has positive and significant influence to profitability.
Keywords: work capital turnover, cash turnover, inventory turnover, receivable turnover, and profitability