PENGARUH PERPUTARAN KAS, PERPUTARAN PERSEDIAAN, PERPUTARAN PIUTANG, DAN PERPUTARAN ASET TERHADAP KINERJA KEUANGAN PERUSAHAAN

Abstract

This study aims to analyze the influence of cash turnover, inventory turnover, accounts
receivable turnover, and asset turnover on profitability of the firm. The subject of this research was
manufacturing companies listed on the Indonesia Stock Exchange from 2015 to 2018. The method
of sample collection used a purposive sampling method and 382 data were obtained. The analytical tool used was multiple linear regression analysis using Eviews 7.
Based on the analysis that has been done, the results show that inventory turnover has a
significant positive effect on profitability, accounts receivable turnover has a significant positive
effect on profitability, and asset turnover has a significant positive effect on profitability. While the
cash turnover variable does not have a significant effect on company profitability.

Keywords: Cash Turnover, Inventory Turnover, Receivables Turnover, Asset Turnover,
Profitability