PENGARUH AVERAGE COLLECTION PERIOD, INVENTORY TURNOVER IN DAYS DAN AVERAGE PAYMENT PERIOD TERHADAP PROFITABILITAS PADA PERUSAHAAN MANUFAKTUR SEKTOR BARANG KONSUMSI YANG TERDAFTAR DI BURSA EFEK INDONESIA PERIODE 2012 – 2016
Daftar Isi:
- The purpose of this research is to test empirically the effect of average collection period, inventory turnover in days, and average payment period on profitability measured by ROA (Return On Asset). The data used in this research in the form of annual report and financial statement of manufacturing companies sector consumer good that listed in Indonesia Stock Exchange period 2012-2016. Method of the sample in this research used the technique purposive sampling where samples were selected based on criteria devoted to particular goal and with the get a representative sample. The research model in this study employs panel data analysis with Random Effect Model approach. The result of regression analysis of panel data shows that variables average collection period, inventory turnover in days, and average payment period is not significant on the probability. So manufacturing sector consumer goods companies in Indonesia is not explain by the probability of working capital.