PERPUTARAN MODAL KERJA, PERPUTARAN PIUTANG, PERPUTARAN KAS DAN PENGARUHNYA TERHADAP PROFITABILITAS

Abstract

This research aims to examine the influence of working capital turnover, receivable turnover and cash turnover on profitability through financial statements that have been prepared by Surabaya City Water Supply Company in 2012 until 2016. The Population is the Surabaya City Water Supply Company. This research does not use sampling technique because it is a case study. The analysis method used is multiple linear regression analysis with using SPSS application tools (Statistical Product and Service Solutions). Based on the result of the research, it has been found that working capital turnover give positive and significant influence to profitability of Surabaya City Water Supply Company. This statement is supported by the result of the research of Priantiningtias (2017). Receivable turnover has a significant positive influence on profitability of Surabaya City Water Supply Company. This statement is supported by the result of the research of Hoiriya (2015) and Dewi (2016). Cash turnover has negative and significant influence to profitability of Surabaya City Water Supply Company. This statement is supported by the result of the research of Muflihati (2015) and Diana (2016).
Keywords: working capital turnover, receivable turnover, cash turnover, profitability