PENGARUH PERPUTARAN MODAL KERJA, PERPUTARAN KAS, DAN LIKUIDITAS TERHADAP PROFITABILITAS (Studi pada Sektor Food and Beverage Periode 2015-2018)

Abstract

This research aimed to examine the effect of working capital turnover, cash turnover and liquidity on profitability. While, working capital turnover was referred to WCTO (Working Capital Turnover), cash turnover was referred to CT (Cash Turnover), liquidity was referred to CR (Current Ratio), and profitability was referred to ROA (Return On Asset). Meanwhile, the population was Food and Beverages companies which were listed on Indonesia Stock Exchange 2015-2018. The research was causal-comparative. Moreover, the data collection. Technique used non-probability sampling. Furthermore, the data sampling used purposive sampling. In line with, there were 9 Food and Beverages companies as samples. The data analysis technique used multiple linear regression, classical assumption test, proper model test and t-test. In addition, the research result cuncluded working capital turnover had positive but insignificant effect on profitability. Whereas, cash turnover had positive and significant effect on probability. Likewhise, liquidity had positive and significant effect on profitability.
Keyword : working capital turnover, cash turnover, liquidity, profitability