BAKI (Berkala Akuntansi dan Keuangan Indonesia)
Vol. 5 No. 1 (2020): Berkala Akuntansi dan Keuangan Indonesia

THE EFFECT OF CURRENT RATIO, CASH TURNOVER AND INVENTORY TURNOVER ON PROFITABILITY

Mesrawati Mesrawati (Universitas Prima Indonesia)
Yosemarine Tiosandy (universitas prima indonesia)
Silvia Silvia (Universitas Prima Indonesia)
Cindy Cindy (Universitas Prima Indonesia)
Merlinvia Rezcintami (Universitas Prima Indonesia)
Tasya Lonika (Universitas Prima Indonesia)



Article Info

Publish Date
15 May 2020

Abstract

This study aims to examine and analyze the effect of current ratio, cash turnover, and inventory turnover on profitability in the Food And Beverages subsector listed on the Indonesia Stock Exchange for the period 2012-2017, either partially or simultaneously. The research method used is a quantitative descriptive approach. The population of this study is the Food And Beverages sub-sector companies listed on the Indonesia Stock Exchange in 2012-2017 totaling 19 companies and this sample is 12 companies with purposive sampling technique. This data analysis technique is multiple linear regression analysis. The results showed that partially, current ratio, and inventory turnover have an effect on profitability while cash turnover has no effect on profitability. And simultaneously current ratio, cash turnover, and inventory turnover have an effect on profitability. The coefficient of determination shows 0.656 which means that 65.6% of profitability can be explained by independent variables consisting of current ratios, cash turnover, and inventory turnover and the remaining 34.4% profitability is explained by other variables that are not included in the research model. The conclusion of this study is that only the current ratio and inventory turnover have a significant effect on profitability in the Food And Beverages subsector listed on the IDX for the period 2012-2017.

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Journal Info

Abbrev

BAKI

Publisher

Subject

Humanities Economics, Econometrics & Finance Education Social Sciences

Description

Berkala Akuntansi dan Keuangan Indonesia (BAKI) adalah jurnal ilmiah di bidang akuntansi dan keuangan yang diterbitkan oleh Universitas Airlangga bekerjasama dengan Ikatan Akuntan Indonesia Kompartemen Akuntansi Pendidik (IAI-KAPd). BAKI terbit setiap Maret dan September sebagai media untuk ...