PENGARUH PERPUTARAN MODAL KERJA, LIKUIDITAS DAN AKTIVITAS TERHADAP PROFITABILITAS PADA PERUSAHAAN PROPERTI YANG TERDAFTAR DI BEI

Abstract

This research aimed to examine the effect of Work Capital Turnover, Liquidity, and Activity on the profitability of the Property companies listed on the Indonesia Stock Exchange (IDX) during 2018-2022. Furthermore, Work Capital Turnover was measured by Working Capital Turnover, Liquidity was measured by Current Ratio, and activity was measured by Total Assets Turnover. The research was quantitative. Moreover, the population was Property companies listed on the Indonesia Stock Exchange (IDX) during 2018-2022. The data collection technique used purposive sampling i.e., a sample collection based on the determined criteria. In line with that, there were 13 companies as the sample. Additionally, the data were taken for 5 years (2018-2022). Therefore, 65 data samples were obtained. In addition, the data analysis technique used multiple linear regression with SPSS program. The research result showed that Working Capital Turnover had a positive but insignificant effect on profitability. Likewise, Current Assets had a positive but insignificant effect on profitability. However, Total Assets Turnover had a positive and significant effect on profitability.