PENGARUH PENGELOLAAN MODAL KERJA TERHADAP PROFITABILITAS PADA PERUSAHAAN GO PUBLIC INDUSTRI FOOD AND BEVERAGES DI BURSA EFEK INDONESIA
Daftar Isi:
- Working capital is needed for day-to-day operations of a firm. The goals of this research was to examine the influence of working capital management for profitability. This study used an inventory conversion period, receivable conversion period, payable deferal period, cash conversion cycle and net working capital to a measure working capital management ratios and used return on assets (ROA) to a measure profitability ratios. This research used non random sampling technique is purposive sampling method and finally used 48 firms of go public company food and beverages industry. The study analyzed by multiple linear regression for the first models. while for the second and third models use simple regression analysis. The results of this study to explain that the payable deferal period have a significant effect partially to return on assets while inventory conversion period, receivable conversion period, cash conversion cycle and net working capital haven’t significant effect to return on assets. However, variable inventory conversion period, receivables conversion period and payable deferal period have a significant effect simultaneous to return on assets. Key words : working capital management, profitability, food and beverages industry.