PENGARUH PERPUTARAN PIUTANG, PERSEDIAAN DAN MODAL KERJATERHADAP PROFITABILITAS TEKSTIL DAN GARMEN

Abstract

This research is aimed to examine and to analyze the influence of account receivable turnover, inventory
turnover and working capital turnover to the profitability of textile and garment companies which are listed in
Indonesia Stock Exchange in 5 years periods in 2011-2015 periods. The measurement of Profitability has been
done by using Return on Assets (ROA). This research is a causal comparative. The population is 17 companies
and the samples which has been selected are 3 textile and garment companies. The sample collection technique
has been done by using purposive sampling. The analysis technique has been done by using multiple linear
regression analysis, classical assumption, F test and t test.The result of the test shows the influence of account
receivable turnover, inventory turnover and working capital turnover of the textile and garment companies
which are listed in Indonesia Stock Exchange is significant. Meanwhile, partially accounts receivable turnover
give negative influence to the profitability with its significant value is 0,006. inventory turnover give positive
influence to the profitability with its significant value is 0,002. Working capital turnover give negative influence
to the profitability with its significant value is 0,786.

Keywords: Account receivable turnover, inventory turnover, working capital turnover and profitability.