PENGARUH PERPUTARAN KAS, PERPUTARAN PERSEDIAAN, PERPUTARAN PIUTANG, DAN LEVERAGE TERHADAP LIKUIDITAS PERUSAHAAN

Abstract

This research aimed to find out whether the Sales Growth Rate, Cash Turnover, Inventory Turnover, Accounts
Receivable Turnover, and Leverage affect liquidity. While, liquidity was measured by current ratio. The research
was quantitative. Moreover, the population was 13 automotive and its which were listed on Indonesia Stock
Exchange during 2016 until 2018. Furthermore, the data collection technique used purposive sampling, in
which the sample was based on criteria given. In line with, there were 39 samples. Additionally, the data analysis
techniques used multiple linear regression which was partially tested by SPSS (Statistical Product and Service
Solution). The research resultconcluded Growth Rate of Sales, Cash Turnover, Inventory Turnover, and
Accounts Receivable Turnover did not affect company’sliquidity. On the other hand,leverage had negative effect
on company liquidity. In brief, companies which were unable to control their level of liquidity would lack of trust
from outside or inside parties. As consequence,this can reduce company's ability to compete.
Keywords: cash turnover, leverage, liquidity