PENGARUH PP DAN PMK TERHADAP LIKUIDITAS PADA PERUSAHAAN KOSMETIK YANG TERDAFTAR DI BEI

Abstract

This research was conducted with the purpose to know the influence of receivable turnover and working capital turnover on liquidity Cosmetics companies which listed in the Indonesia Stock Exchange from 2012-2016. Sampling of this research using purposive sampling and data that have been obtained for this research as many as 4 Cosmetics companies which listed in BuresaEfek Indonesia from 2012-2016. The method used in this research is quantitative method, while data analysis using multiple linear regression analysis which preceded by classical assumption test that consist of normality test, multicoliniearity test, heteroscedasticity test, and autocorrelation test. Hypothesis testing is done by model feasibility test, t test and coefficient of partial determination using SPSS 21 computer program. Based on the result of t test show that the variable of receivable turn over to liquidity has strong relation with negative direction equal to -4,644, while variable of working capital rotation have not strong relationship with positive direction equal to 1,784. Based on the result of the coefficient of partial determination known that the independent variable that has a dominant significant influence is the rotation variable working capital, because it has the most partial determination coefficient is 25.3%.
Keywords: accounts receivable turnover, work capital turnover and liquidity.