Jurnal Penelitian Akuntansi
Vol 3, No 2 (2022): Oktober

The Influence of Current Ratio, Receivable Turnover and Debt to Equity Ratio toward Net Profit Margin of Consumer Goods Industries

Melina Melina (Universitas Pelita Harapan, Kampus Medan)



Article Info

Publish Date
30 Jan 2023

Abstract

The most important goal for a business to achieve is profit maximization. A company with strong financial performance will draw investors to invest. In order to maintain a good financial performance, company must manage well its finance and operational cost.            The research is conducted to analyze the influence of Current Ratio, Receivable Turnover and Debt to Equity Ratio toward Net Profit Margin of Consumer Goods Companies listed on the Indonesia Stock Exchange for the period 2018-2021. The quantitative approach will be used in this study's research design. The research quantitative data is the secondary data acquired from the financial year reports of Consumer Goods Companies listed on the Indonesia Stock Exchange from year 2018 to 2021. With purposive sampling technique, 31 companies out of 78 companies in the population are chosen as the sample for this research. SPSS Version 25 is used to compute the multiple linear regression model of this research.            The research’s result shows that Current Ratio partially has insignificant influence towards Net Profit Margin. Receivable Turnover partially has insignificant influence towards Net Profit Margin. Debt to Equity Ratio partially has insignificant influence towards Net Profit Margin. Current Ratio, Receivable Turnover and Debt to Equity Ratio simultaneously have insignificant influence towards Net Profit Margin. 

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Journal Info

Abbrev

JPA

Publisher

Subject

Economics, Econometrics & Finance

Description

Jurnal Penelitian Akuntansi (JPA) is published by the Accounting Study Program of the Faculty of Economics and Business at Universitas Pelita Harapan. This peer-reviewed academic journal aims to deliver and discuss research by academics and practitioners in the field of Accounting with a focus on ...