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