ANALYSIS OF EFFECTS OF RECEIVABLE TURNOVER AND INVENTORY TURNOVER ON PROFITABILITY OF MANUFACTURING COMPANIES IN THE CONSUMER GOODS INDUSTRY SECTOR LISTED IN THE INDONESIA STOCK EXCHANGE (ISE) FOR PERIOD OF 2015-2017
DOI:
https://doi.org/10.61841/4v7y3t26Keywords:
Receivable Turnover, Inventory Turnover, Profitability (ROA)Abstract
The aim of this research is to determine the receivable turnover rate and inventory turnover have an influence on profitability both partially and simultaneously in a company. The object of this research is a consumer goods industry sector manufacturing company that listed on Indonesia Stock Exchange in the period 2015-2017. The type of data in this research is quantitative data. The source of the data in this research is secondary data, in the form of financial report data (balance sheet and income statement) related to variable in this research. The results of this research indicate that Receivable Turnover has an effect on profitability. While inventory turnover does not affect on profitability. The results of the research simultaneously indicate that Receivable Turnover and inventory turnover influence together on profitability.
Downloads
References
[1] Agha, Hina. 2014. Impact of Working Capital Management on Profitability. European Scientyfic Journal. Vol.10 NO. 1, ISSN : 1857-7881.
[2] Arshad, Zubair dan Gondal, Muhammad Yasir. 2013. Impact of Working Capita Management on Profitability A Case of The Pakistan Cement Industry. Research Journal of Business Volume 5 No 2.Carl S. Warren et all. 2015. Pengantar Akuntansi. Jakarta: Salemba Empat.
[3] Carl S.Warren. 2016. Pengantar Akuntansi Adaptasi Indonesia. Jakarta: Salemba Empat.
[4] Danang, Sunyoto. (2013). Metodologi Penelitian Akuntansi. Bandung: PT Refika Aditama Anggota Ikapi.
[5] Deni, Irman. 2014. Pengaruh Tingkat Perputaran Kas, Perputaran Piutang dan Perputaran Persediaan Terhadap Profitabilitas Pada Perusahaan Manufaktur Yang Terdaftar Di Bursa Efek Indonesia. Jurnal.
[6] Dewi Noratika. 2013. Pengaruh Perputaran Modal Kerja, Perputaran Piutang, Perputaran Kas Dan Perputaran Persediaan Terhadap NPM Pada Perusahaan Industri Barang Konsumsi Yang Terdaftar Di BEI Periode 2009-2013. Jurnal
[7] Fahmi, Irham. 2013. Analisis Laporan Keuangan. Bandung: Alfabeta.
[8] Ghozali, Imam, 2013. Aplikasi Analisis Multivariat dengan Program IBM SPSS 21. Edisi 7, Penerbit Universitas Diponegoro, Semarang.
[9] Ghozali, Imam. 2016. Aplikasi Analisis Multivariete Dengan Program IBM SPSS 23 (Edisi 8). Cetakan ke VIII. Semarang : Badan Penerbit Universitas Diponegoro.
[10] Gujarati, N, Damodar. 2010. Dasar-dasar Ekonometrika (Terjemahan). Buku Edisi 5.Jakarta: Penerbit Salemba Empat.
[11] Heizer dan Render. 2014. Manajemen Operasi. Jakarta: Salemba Empat.Harahap Sofyan Syafri. 2015. Analisis Kritis Atas Laporan Keuangan, edisi pertama, cetakan ke duabelas, Penerbit : Raja Grafindo Persada, Jakarta.
[12] Harahap, Sofyan Syafri. 2013. Analisis Kritis Atas Laporan Keuangan. Edisi 11.
[13] Rajawali Pers, Jakarta.
[14] Harrison Jr. Walter T. Charles T.Hongren, C. William Thomas, dan Themin Suwardy. 2013. Akuntansi Keuangan. Jilid 2, Edisi 8. Erlangga. Jakarta.
[15] Hery. 2016. Analisis Kinerja Manajemen, Penerbit : Grasindo, Jakarta.
[16] Ikatan Akuntan Indonesia. Pernyataan Standar Akuntansi Keuangan No. 1 Tentang Laporan Keuangan – edisi revisi 2015. Penerbit Dewan Standar Akuntansi Keuangan: PT Raja Grafindo.
[17] Ikatan Akuntan Indonesia. Pernyataan Standar Akuntansi Keuangan No. 2 Tentang Laporan Arus Kas – edisi revisi 2015. Penerbit Dewan Standar Akuntansi Keuangan: PT Raja Grafindo.
[18] Kasmir. 2013. “ ali i Lapo a K a ga ”. Edis 1. Cetakan ke-6. Jakarta: Rajawali Pers.
[19] Kasmir. 2014. Analisis Laporan Keuangan. Edisi Satu. Cetakan Ketujuh. Jakarta: PT Raja Grafindo Persada.
[20] Kasmir. 2016. Pengantar Manajemen Ke-uangan, Penerbit : Kencana Pranada Media Group, Jakarta.
[21] Martono, dan Harjito, D.Agus. 2014. Manajemen Keuangan. Edisi 2. Cetakan Keempat. ekonisia. Yogyakarta.
[22] Munawir, (2014). Analisa Laporan Keuangan.Yogyakarta: Liberty.
[23] Murhadi, Werner R. 2013. Analisis Laporan Keuangan Proyeksi dan Valuasi Saham.
[24] Jakarta: Salemba Empat.
[25] Novitasari Tirtajaya. 2015. Pengaruh Perputaran Piutang, Perputaran Persediaan, dan Rasio Lancar Terhadap Profitabilitas Pada Perusahaan Industri Barang Konsumsi Yang Terdaftar di BEI Periode 2012-2014. Jurnal.
[26] Prakoso, Zahroh, dan Nuzula. 2014. Pengaruh Perputaran Modal Kerja dan Perputaran Piutang Terhadap Profitabilitas: Studi Pada Perusahaan Pembiayaan Listing di BEI Periode 2009-2013. Jurnal
[27] Priyatno, Duwi. 2014. SPSS22: Pengolahan Data Praktis, Ed Pertama. CV Andi Offset. Yogyakarta.
[28] Rahayu, Eka Ayu dan Joni Susilowibowo. 2014. Pengaruh Perputaran Kas, Perputaran Piutang dan Perputaran Persediaan Terhadap Profitabilitas Perusahaan Manufaktur. Vol.2 No.4. Jurnal.
[29] Ristono, Agus. 2013. Manajemen Persediaan. Graha Ilmu. Yogyakarta.
[30] Sari, Ni Made Vironika dan I.G.A.N Budiasih. 2014. Pengaruh Debt To Equity Ratio, Firm Size, Inventory Turnover Dan Assets Turnover Pada Profitabilitas. E- Jurnal Akuntansi Universitas Udayana Vol.6 No.2 hal 261-273. Jurnal.
[31] Saudi, M.H.M., Sinaga, O. & Rospinoedji, D., The role of tax education in supply chain management: A case of Indonesian supply chain companies, Polish Journal of Management Studies 18(2):304-319, December 2018.
[32] Sugiyono. 2016. Metode Penelitian Kuantitatif, Kualitiataif dan R&D. Cetakan ke-
[33] 23. Bandung: Alfabeta.
[34] Sufiana, Nina dan Ni Ketut Purnawati. 2013. Pengaruh Perputaran Kas, Perputaran Piutang dan Perputaran Persediaan Terhadap Profitabilitas. E-Journal Universitas Udayana. Vol.2 No.4. Jurnal.
[35] Sekaran, Uma dan Bougie, Roger. 2013. Research Methods for Business. United Kingdom: Jhon Wiley & Sons Ltd.
[36] Surya, Raja Adri Setiawan. 2013. Pengantar Akuntansi Berbasis IFRS. Edisi Pertama. Cetakan Pertama. Yogyakarta : Graha Ilmu.
[37] Tiong, Piter. 2017. Pengaruh Perputaran Piutang Terhadap Profitabilitas Pada Perusahaan Pt Mitra Phinastika Mustika Tbk. Journal Of Management & Business. Jurnal.
[38] Zeinora dan Septariani, Desy. 2013. Akuntansi . Edisi Pertama. Mitra Wacana Media.
[39] Jakarta.
[40] http://www.idx.co.id
Downloads
Published
Issue
Section
License
Copyright (c) 2020 AUTHOR
This work is licensed under a Creative Commons Attribution 4.0 International License.
You are free to:
- Share — copy and redistribute the material in any medium or format for any purpose, even commercially.
- Adapt — remix, transform, and build upon the material for any purpose, even commercially.
- The licensor cannot revoke these freedoms as long as you follow the license terms.
Under the following terms:
- Attribution — You must give appropriate credit , provide a link to the license, and indicate if changes were made . You may do so in any reasonable manner, but not in any way that suggests the licensor endorses you or your use.
- No additional restrictions — You may not apply legal terms or technological measures that legally restrict others from doing anything the license permits.
Notices:
You do not have to comply with the license for elements of the material in the public domain or where your use is permitted by an applicable exception or limitation .
No warranties are given. The license may not give you all of the permissions necessary for your intended use. For example, other rights such as publicity, privacy, or moral rights may limit how you use the material.
