Analisis Pengaruh Perputaran Persediaan dan Perputaran Piutang Terhadap Profitabilitas pada PT Gajah Tunggal Tbk

Adipratama, Restu Malo
Puji Muniarty
Feni Aryani

Horizon: Indonesian Journal of Multidisciplinary
Vol. 4 No. 3 (2026): HORIZON: Indonesian Journal of Multidisciplinary

This study aims to analyze the effect of inventory turnover and receivables turnover on profitability at PT Gajah Tunggal Tbk for the period 2016–2025. The study uses a quantitative approach with an associative research type. The data used are secondary data obtained from the company's financial statements and analyzed using multiple linear regression with the help of SPSS version 25. The results of the study indicate that inventory turnover and receivables turnover do not have a significant effect on company profitability. In addition, both variables simultaneously also do not have a significant effect on profitability. This finding indicates that changes in PT Gajah Tunggal Tbk's profitability during the study period are more influenced by other factors outside of inventory and receivables management. This study provides implications that companies need to pay attention to other financial and operational factors in an effort to increase profitability sustainably.