PENGARUH PERPUTARAN PIUTANG, STRUKTUR MODAL TERHADAP KINERJA KEUANGAN PERUSAHAAN PEMBIAYAAN NON BANK

Abstract

This research aimed to analyze the financial performance of funding company with the variable account receivables also the capital structure at finance company non bank listed on Indonesia Stock Exchange measured by financial ratio debt to asset ratio, receivable turnover and return on asset. This research used a quantitative method with secondary data in the form of an audited financial statement of a finance company non bank. Furthermore, the research sample used a purposive sampling method with the collection of 10 finance companies non bank from 175 finance companies which were listed on Indonesia Stock Exchange in 2018 - 2020. Moreover, the analysis data of this research used multiple linear regression with the SPSS program 25 version. The research result showed that receivable turnover did not have any effect on the financial performance of finance companies while the capital structure also did not have any effect on the financial performance of finance company listed on Indonesia Stock Exchange.
Keywords: account receivables turnover, capital structure, financial performance