ANALISIS PROFITABILITAS PERUSAHAAN MANUFAKTUR DI BURSA EFEK INDONESIA

Indonesia

Abstract

The company is expected to generate maximum profits for the survival of the company. Then the company needs to increase profitability. In increasing profitability, it is important to consider components that support increased profitability. The research objective is to test and analyze the effect of cash turnover, accounts receivable turnover, working capital turnover, and inventory turnover on ROA. The population is the textile and garment sub-sector manufacturing companies in the 2014-2018 period. The sample used by a number of 6 companies with a purposive sampling method. The research data analysis method is multiple linear analysis. The result is the independent variable influences simultaneously with the dependent variable having a significance of 0.001 <0.05. Partially cash turnover has an effect on ROA has a significance of 0,000 <0.05. Receivables turnover has a significant 0.018> 0.05 effect on ROA. The significance of working capital turnover is 0.106> 0.05 so ROA is not influenced by working capital turnover. Significant inventory turnover 0.666> 0.05, inventory turnover has no effect on ROA.