PENGARUH PERPUTARAN KAS, PERPUTARAN PERSEDIAAN DAN PERPUTARAN PIUTANG TERHADAP RETURN ON ASSETS (ROA) PADA PT JAPFA COMFEED INDONESIA TBK PERIODE 2014-2023
Abstract
The purpose of this research is to determine the effect of Cash Turnover, Inventory Turnover and Receivables Turnover on Return On Assets at PT. Japfa Comfeed Indonesia, Tbk for the period 2014 to 2023. The research method used by researchers in compiling a thesis is quantitative, namely conducting research that describes the company's financial condition expressed in the form of numbers. The data used is secondary data in the form of PT's financial reports. Japfa Comfeed Indonesia, Tbk over a period of 10 years from 2014 to 2023. The analytical methods used are classical assumption tests, linear regression tests, correlation coefficient analysis, coefficient of determination analysis and hypothesis testing. Based on the t test, partial cash turnover has no significant effect on Return On assets where thit -0.926 < t-tab 2.446 and a significance value of 0.390 > 0.05, partially inventory turnover has no significant effect on Return On assets where thit 0.907 < t-tab 2.446 and a significance value of 0.399 > 0.05 and partially receivables turnover has no significant effect on Return On assets where thit 0.638 < t-tab 2.446 and a significance value of 0.547 > 0.05 and based on the f test it states simultaneously cash turnover, inventory turnover and Receivables turnover has no significant effect on Return on assets where the Fhit value is 0.414 < F-tab 4.76 with a significant value of 0.749 > 0.05.
References
Clairene E.E. Santoso. (2017). Perputaran Modal Kerja dan Perputaran Piutang pengaruhnya terhadap Profitabilitas pada PT. Pegadaiann (Persero). Jurnal EMBA. I. 2303-1174.
Dona Elvia Desi. (2018). Pengaruh Perputaran Kas, Perputaran Persediaan, dan Perputaran Piutang Terhadap Return On Assets (ROA) pada PT. Indofood Sukses Makmur Tbk Periode 2008-2015. EKSIS : Jurnal Ilmiah Ekonomi dan Bisnis.
Ela Widassari, Seli Apriyanti. (2017). Pengaruh Perputaran Kas dan Perputaran Piutang Terhadap Return On Asset (ROA). The Asia Pacific, Journal Of Management Studies. I, 2407-6325.
Fuji lestari, E., Purbayati, R., & Hadiani, F. (2020). Pengaruh Perputaran Piutang dan Perputaran Persediaan terhadap Return on Asset pada Perusahaan Otomotif dan Komponen Periode 2013-2018. Indonesian Journal of Economics and Management. I. 2727-0695.
F.T. Budiang, S. S. Pangemanan, N.Y.T. Gerungai, (2017). Pengaruh Perputaran Total Aset, Perputaran Piutang, dan Perputaran Persediaan terhadap ROA pada Perusahaan Sub Sektor Perdagangan Eceran yang terdaftar di BEI. Jurnal EMBA, I. 2303-1174.
Khairunnisa, I.T.R, dkk (2021), Pengaruh Perputaran Kas, Perputaran Piutang Dan Perputaran Persediaan Terhadap Profitabilitas Pada Perusahaan Sektor Industri barang Konsumsi Periode 2015-2019. Jurnal EMBA. I. 2303-1174.
Matilde Amaral Canizio, (2017). Pengaruh Perputaran Kas, Perputaran Piutang, Perputaran Persediaan terhadap Profitabilitas pada Supermarket di Timor Leste. E-Jurnal Ekonomi dan Bisnis Universitas Udayana 6.10 I. 2337-3067.
Muslih. (2019). Pengaruh Perputaran Kas dan Likuditas (Current ratio) terhadap Profitabilitas Return On Asset. Jurnal Krisna, Kumpulan Riset Akutansi. I. 2301-8879.
Rahmat Hidayat, Roni Parlindungan, (2018). Pengaruh Perputaran Kas dan Perputaran Piutang Terhadap Return On Asset. Jurnal Riset Finansial Bisnis, I. 2597-3991.
Sufiana, N., & Purnawati, N. K. (2013). Pengaruh Perputaran Kas, Perputaran Piutang, dan Perputaran Persediaan terhadap Profitabilitas. E-Jurnal Manajemen Universitas Udayana, 2 (4). 451-467.
Piter Tiong, Program Pasca Sarjana STIE AMKOP Makassar. Pengaruh Perputaran Piutang Terhadap Profitabilitas pada Perusahaan PT Mitra Phinastika Mustika Tbk. SEIKO : Journal of Management & Businees. I. 2598-8301.
