PENGARUH LIKUIDITAS, PERTUMBUHAN PENJUALAN, DAN PERPUTARAN MODAL KERJA TERHADAP PROFITABILITAS PERUSAHAAN

Abstract

This research aimed to examine and analyse empirically: (1) effect of liquidity on profitability, (2) effect of sales growth on profitability, (3) effect of work capital flow on profitability of Automative and components which were listed on Indonesia Stock Exchange during 2017-2020. The research was antutative. Moreover, the data were secondary. Furthermore, the data collection technique used purposive sampling, in which the sample was based on criteria given. In line with that, there were 9 Automotive and components companies which were listed on Indonesia Stock Exchange during 2017-2020 as samples. In total, there were 36 samples. Additionally, the data analysis technique used multiple regression analysis with SPSS 25. Accorting to research results, it concluded that as follows: (1) liquidity had a positive effect on profitability of Automotive and components which were listed on Indonesia Stock Exchange, (2) sales growth did not effect profitability of Automotive and components which were listed on Indonesia Stock Exchange, and (3) work capital flow did not effect profitability of Automotive and components which were listed on Indonesia Stock Exchange.