PENGARUH PERPUTARAN MODAL KERJA, PERPUTARAN KAS PERPUTARAN PIUTANG DAN PERPUTARAN PERSEDIAAN TERHADAP PROFITABILITAS PERUSAHAAN MANUFAKTUR YANG TERDAFTAR DI BEI TAHUN 2011-2015

Abstract

This study aims to identify and explain the effect of working capital turnover, turnover of cash, accounts receivable turnover and inventory turnover on the profitability of manufacturing companies listed in that Indonesia Stock Exchange in 2011-2015.
The data used in this research is secondary data in the form of financial statements for 5 years in a row that this 2011-2015.Penelitian year period using purposive sampling method is a method of determining the number of samples taken at random based on criteria - certain criteria. The population used in this study as many as 100 manufacturing companies listed on the Stock Exchange with a sample of 20 companies. The analytical method used is multiple regression analysis.
The results of this study indicate that the turnover of working capital positive effect on ROA, cash turnover negatively affect ROA, receivables turnover negative effect on ROA and inventory turns positive effect on ROA.
Keywords : Working Capital Turnover, turnover Cash, Accounts Receivable Turnover, Inventory Turnover and Return on Assets (ROA)