The Effect Of Fixed Asset Turnover And Working Capital Turnover On Profitability
This study examines the effect of fixed asset turnover and working capital turnover on profitability. The object of this research is food and beverage companies on the Indonesia Stock Exchange in 2014 - 2018. 14 companies were sampled by purposive sampling techniques. The method used in this study is quantitative method with secondary data. The data analysis technique in this study uses multiple regression analysis. The results of this study show that the turnover of fixed assets and the simultaneous turnover of working capital have an effect on ROA. The turnover of fixed assets has a positive influence on the ROA, and the partial turnover of working capital has no effect on the ROA.
Badan Pusat Statistik. Indonesian statistics (2019). https://www.bps.go.id/publication/2019/07/04/ daac1ba18cae1e90706ee58a/statistik-indonesia-2019.html.
Brigham, E. F. & J. F. Houston. (2001). Financial Management. Eighth edition. Volume II. Publisher Erlangga. Jakarta.
Fahmi, Irham. (2015). Introduction to Financial Management, Theory and Questions of Answers. Publisher of Alfabeta, Bandung.
Febrianty, Y. (2017). Effect of Cash Turnover, Fixed Asset Turnover and Working Capital Turnover on Return on Assets in Plastics and Packaging Companies listed on the Indonesia Stock Exchange period 2009-2016. University of North Sumatra.
Ginanjar, M. (2019). The Effect of Fixed Assets Turnover and Working Capital Turnover on ROA on Companies listed on the Sharia Indonesia Stock Index Period 2008-2016. Thesis. UIN Sunan Gunung Djati.
Haryanto, T. (2019). The effect of liquidity and working capital turnover on profitability on PT.Pariwara Komunikasi Indonesia in Tangerang. Sekuritas Journal, Vol.2 No.2.
Hikmayani, S. (2018). The Effect of Fixed Asset Turnover, Receivable Turnover, and Working Capital Turnover on Profitability on PT. Semen Tonasa Pangkep Regency. Thesis. Makassar State University.
Indonesia Stock Exchange. Performance Summary listed Company. https://www.idx.co.id/data-pasar/laporan-statistik/ringkasan-performa-perusahaan-tercatat/.
Maulana, Y. S. (2017). The Effect of Working Capital Turnover and Fixed Asset Turnover on Profitability in PT.Mayora Indah, Tbk Period 2006-2016. Thesis. STISIP Bina Putera Banjar
Miradhi, M. D. & Juliarsa, G. (2016). The Size of the Company as a Moderation Influences Profitability and Auditor Opinion on Audit Delay. E-Journal of Accounting Udayana University, 16(1); 388-415.
Sari, Y. P. (2014), The Effect of Supply Turnover, Fixed Asset Turnover and Working Capital Turnover on Profitability in Manufacturing Companies of Multi-Industry Sub-Sectors Listed on the Indonesia Stock Exchange for the period 2010-2013. Thesis. Maritime University Ali Haji.
Sasongko, Catur. (2018). Accounting is an introduction. Publisher Fourth Salemba. South Jakarta.
Syamsudin, Lukman. (2017). Financial Management of the Company. 9th Edition. Publisher of PT. King Grafindo Persada. Jakarta.