PENURUNAN RENTABILITAS SEBAGAI DAMPAK INEFEKTIVITAS PENGELOLAAN WORKING CAPITAL

Dede Dahlan; Iwan Subandi; Helmi .

Dede Dahlan Institut Teknologi dan Bisnis Ahmad Dahlan Jakarta
Iwan Subandi Institut Teknologi dan Bisnis Ahmad Dahlan Jakarta
Helmi . Institut Teknologi dan Bisnis Ahmad Dahlan Jakarta

Keywords: Cash Turnover, Receivables Turnover, Inventory Turnover, Rentability.

Abstract

One of the causes of declining rentability occurs due to the company's inefficiency in managing working capital, resulting in disruption of company operations. The purpose of this study is to measure cash turnover, receivable turnover, inventory turnover and rentability of PT. ASTRA Agro Lestari Tbk. This research was designed using quantitative methods with data collection techniques using documentation techniques and internet media. The data analysis method is carried out by means of regression analysis test, F test and t test. Analysis tool used as a data validity meter in the form of SPSS Application Version 26.0. The results of the calculation showed that partially both the cash turnover variable and the turnover of receivables had no significant effect on return on assets. While inventory turnover partially has a significant effect on Return on Assets. And the results of the test simultaneously, the entire independent varibel has an influence on the dependent variable.