PENGARUH PERPUTARAN KAS, PERPUTARAN PIUTANG, DAN PERPUTARAN PERSEDIAAN TERHADAP PROFITABILITAS (Studi Kasus Pada CV. Prima Cipta Pratama)

Abstract

This research finds out the effect of cash turnover on the profitability at CV Prima Cipta Pratama, accounts receivable turnover on the profitability at CV Prima Cipta Pratama and inventory turnover on the profitability at CV Prima Cipta Pratama. The research independent variable used cash turnover proxied by comparison between the sales and average cash, while, the accounts receivable turnover was proxy by comparison between sales and account receivables average, inventory turnover proxied by comparison between the sales and accounts receivables average. Furthermore, the research dependent variable used profitability proxied by Return On Assets (ROA). This research used the quantitative method. The population of this research used financial statements in the 2011-2020 periods at CV Prima Cipta Pratama. Meanwhile, the sample collection technique of this research used a saturated sampling technique with all populations in this research was a financial statement in 2011-2020 period at CV Prima Cipta Pratama. Moreover, the research data analysis technique used multiple linear regressions analysis techniques with instruments of SPSS 22 versions. This research showed that cash turnover had a negative but insignificant effect on the profitability at CV Prima Cipta Pratama, accounts receivables turnover had a positive and significant effect on the profitability at CV Prima Cipta Pratama, in addition, inventory turnover had a positive but insignificant effect on the profitability at CV Prima Cipta Pratama.
Keywords: cash turnover, accounts receivable turnover, inventory turnover, profitability