Jurnal Riset Manajemen dan Bisnis
Vol 8 No 1 (2023)

The effect of receivables turnover, inventory turnover and current ratio on profitability

Yusup, Wahyu Ersandi (Unknown)
Hariani, Swarmilah (Unknown)

Article Info

Publish Date
30 Jun 2023

Abstract

Manufacturing companies in the food and beverage sub-sector in 2015-2019 show corporate profit figures that fluctuate yearly. With this phenomenon, companies must strive to increase profits through cost management and know the factors that significantly influence the level of Return On Assets. This study aims to determine the effect of Accounts Receivable Turnover, Inventory Turnover, and Current Ratio on Return on Assets. The population of the food and beverage sub-sector companies listed on the Indonesia Stock Exchange 2015-2019 is 130, with a sample of 70 using a purposive sampling technique. This study uses quantitative causal analysis. The results of this study indicate that Accounts Receivable Turnover (X1) and Inventory Turnover (X2) has a significant negative effect. In contrast, the Current Ratio (X3) significantly positively affects Return on Assets.

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Journal Info
Jurnal Riset Manajemen dan Bisnis
Website

Abbrev

JRMB

Publisher

Lembaga Pengembangan Manajemen dan Publikasi Imperium

Subject

Decision Sciences, Operations Research & Management Economics, Econometrics & Finance Social Sciences

Description

Jurnal Riset Manajemen dan Bisnis is intended to be the journal for publishing articles reporting the results of research on Business Management. The journal will focus on providing quality research in the areas of Business Management. The goal of the journal is to cover topics that are paramount in ...