Journal of Financial and Behavioural Accounting
Vol. 1 No. 1 (2021)

The Effect of Fixed Asset Turnover and Working Capital Turnover on Profitability

Gita Puspita (Universitas Al-Khairiyah)
Maya Arisandy (Universitas Al-Khairiyah)
Lydia Octaviani (Universitas Al-Khairiyah)

Article Info

Publish Date
01 Apr 2021


This study examines the effect of fixed asset turnover and working capital turnover on profitability. The object of this research is food and beverage companies on the Indonesia Stock Exchange in 2014 - 2018. 14 companies were sampled by purposive sampling techniques. The method used in this study is quantitative method with secondary data. The data analysis technique in this study uses multiple regression analysis. The results of this study show that the turnover of fixed assets and the simultaneous turnover of working capital have an effect on ROA. The turnover of fixed assets has a positive influence on the ROA, and the partial turnover of working capital has no effect on the ROA.

Copyrights © 2021

Journal Info





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


Journal of Financial and Behavioural Accounting is a blind-reviewed academic journal published by LPPM Universitas Terbuka, which receives articles periodically twice a year (April and September). JFBA publishes papers in the field of accounting and finance which have a significant contribution to ...