International Journal of Community Service & Engagement
Vol. 6 No. 1 (2025): International Journal of Community Service & Engagemen

Effect of Cash Turnover, Receivable Turnover and Inventory Turnover on Return on Investment (ROI) at PT. Kimia Farma Tbk

Hermayani, Regitha Aulia (Unknown)
Sumawidjaja, Riyandi Nur (Unknown)

Article Info

Publish Date
13 Feb 2025

Abstract

This study examines the effect of cash, accounts receivable, and inventory turnover on return on investment at PT Kimia Farma Tbk for 2019-2023. The data in the study are secondary data sourced from financial data on the Kimia Farma Website. Statistical analysis techniques include regression testing, correlation, determination, and hypothesis testing. The results showed that Cash Turnover positively and significantly affected Return On Investment. In contrast, Receivables Turnover and Inventory Turnover negatively and significantly affected Return On Investment. Overall, the three ratios are positive and significant to the Return On Investment of PT Kimia Farma Tbk in that period

Copyrights © 2025




Citation Download
RIS
EndNote, Reference Manager, ProCite
BibTex
Latex, Jabref
Original Source
Download Original
Google Scholar
Check in Google Scholar
Journal Info
International Journal of Community Service & Engagement
Website

Abbrev

ijcse

Publisher

Training & Research Institute Jeramba Ilmu Sukses

Subject

Humanities Social Sciences

Description

International Journal of Community Service & Engagement (IJCSE) is a peer-reviewed and international multidisciplinary journal published by Training & Research Institute - Jeramba Ilmu Sukses. The journal covers all areas of scientific and applied studies that benefit local, regional, national, and ...