PENGARUH PERIODE PERPUTARAN UTANG DAGANG TERHADAP RETURN ON ASSET PADA PERUSAHAAN SEMEN YANG TERDAFTAR DI BURSA EFEK INDONESIA
| Main Authors: | Yudho Wibowo, Roby, Mudawanah, Siti |
|---|---|
| Format: | Article info application/pdf eJournal |
| Bahasa: | eng |
| Terbitan: |
STIE La Tansa Mashiro
, 2015
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| Online Access: |
https://jurnalstie.latansamashiro.ac.id/index.php/JSAB/article/view/48 https://jurnalstie.latansamashiro.ac.id/index.php/JSAB/article/view/48/35 |
Daftar Isi:
- The purpose of a company is established is to make a profit, debt maturity schedule is very important in the value of profits and losses of profitability and risk. ROA company Holcim Indonesia Tbk in 2012-2013 has increased every quarter. However, the data ROA compared to the two-year decline. The purpose of this study were 1) to describe the period of rotation of payables in cement companies listed in Indonesia Stock Exchange period 2012-2014, 2) to describe the return on assets (ROA) at the cement company listed on the Indonesia Stock Exchange period 2012-2014, and 3) to determine whether there are significant trade payables turnover period for return on assets in the cement company listed on the Indonesia Stock Exchange period 2012-2014.The method used is quantitative research methods and associative study, the population of this research is all cement company listed on the Indonesia Stock Exchange in 2012-2014. Samples are 3 companies with financial reporting data per quarter. Purposive sampling technique using quantitative data analysis methods and data analysis techniques to describe the data, normality test and hypothesis testing using simple linear regression, simple correlation coefficient, coefficient determinant, and t test.Trade payables turnover period of the longest owned by PT Semen Indonesia Tbk in 2014 quarter 1 and the lowest is owned by PT Indocement Tunggal Prakarsa Tbk in 2012 the 3rd quarter. The highest return on assets owned by PT Indocement Tunggal Prakarsa Tbk in 2012 and the 4th quarter 2013 and the lowest is owned by PT Holcim Indonesia Tbk in 2013 quarter 1. Results of testing hypotheses, trade payables turnover period has a fairly close relationship to the return on assets with a significant negative direction.It was concluded that there are significant effect between payables turnover period for return on assets in the cement company listed on the Indonesia Stock Exchange 2012-2014. Suggestions for further research is for companies manufacturing cement sub-sector in order to optimize profits, and must maintain the trust of suppliers, for other researchers suggested adding other independent variables other than trade payables turnover period which have the possibility to affect the return on assets.