Claim Missing Document
Check
Articles

Found 1 Documents
Search

PENGARUH PERPUTARAN PIUTANG, PERPUTARAN PERSEDIAAN, PERPUTARAN UTANG DAN SIKLUS KONVERSI KAS TERHADAP PROFITABILITAS Hermanto, Hermanto; Chohan, Fullysa
Jurnal Ilmiah Global Education Vol. 4 No. 4 (2023): JURNAL ILMIAH GLOBAL EDUCATION, Volume 4 Nomor 4, Desember 2023
Publisher : LPPM Institut Pendidikan Nusantara Global

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.55681/jige.v4i4.1318

Abstract

This study aims to identify the effect of working capital components such as accounts receivable turnover, inventory turnover, debt turnover, and the cash conversion cycle on profitability. The research data uses financial reports for food and beverage sector companies listed on the Indonesia Stock Exchange (IDX) for the 2017-2021 period. The statistical tool used is Stata with secondary data types. The result of this research indicates that inventory turnover and the cash conversion cycle has a negative effect on profitability, while debt turnover has a positive effect on profitability and accounts receivable turnover has no effect on profitability. The board of management needs to manage working capital efficiently to maintain the company’s sustainability.