Jurnal Ekonomi
Vol. 12 No. 04 (2023): Jurnal Ekonomi, 2023

ANALYSIS OF RECEIVABLE TURNOVER AND WORKING CAPITAL ON COMPANY PROFITABILITY AT PT. BFI FINANCE INDONESIA, TBK

Ruth Veronika Butar-Butar (Sekolah Tinggi Ilmu Manajemen Sukma)
Aswin Akbar (Sekolah Tinggi Ilmu Manajemen Sukma)



Article Info

Publish Date
31 Oct 2023

Abstract

This study aims to analyze account receivable turnover and working capital on company profitability at PT. BFI Finance Indonesia Tbk. This study uses quantitative methods and secondary data used is the financial statements of PT. BFI Finance Indonesia Tbk for 2018-2022. The data analysis technique uses simple linear regression with the help of SPSS Statistics. The results showed that the coefficient of determination obtained by 0,396 or 39,6% showed that account receivable turnover and working capital was able to explain the variation in profitability in PT. BFI Finance Indonesia Tbk, while the remaining 60,4% was explained by other variables not studied in this study. The results showed that account receivable turnover partially had no significant effect on profitability and working capital had no significant effect on profitability, while simultaneously account receivable turnover and working capital had no effect on profitability.

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Journal Info

Abbrev

Ekonomi

Publisher

Subject

Economics, Econometrics & Finance Social Sciences

Description

Journal Ekonomi is a peer-reviewed journal that publishes scientific articles that are the results of original scientific research (top priority) and new scientific review articles (not priority) from various academics and researchers that have not been published elsewhere, including: 1. Accountancy ...