PENGARUH PERPUTARAN MODAL KERJA, LIKUIDITAS, DAN UKURAN PERUSAHAAN TERHADAP PROFITABILITAS PERUSAHAAN OTOMOTIF

Abstract

This research aimed to examine the effect of working capital turnover, liquidity, and firm size on the profitability of Automotive companies listed on the Indonesia Stock Exchange (IDX). Working capital turnover was measured by Working Capital Turnover, Liquidity was measured by Current Ratio, firm size was measured by Size, and profitability was measured by Return On Asset.The research was quantitative. The population was Automotive companies listed on IDX. Moreover, the data collection technique used purposive sampling. In line with that, there were 6 Automotive companies as the sample. The data were taken for 5 years (2018-2022). In total, there were 30 data samples. Furthermore, the data analysis technique used multiple linear regression with SPSS 29. The result showed that working capital turnover had a positive and significant effect on profitability. Likewise, liquidity had a positive and significant effect on profitability. On the other hand, firm size had a negative and significant effect on profitability.