Pengaruh Perputaran Modal Kerja dan Perputaran Piutang Terhadap Profitabilitas pada PT. Unilever Indonesia Tbk yang Terdaftar di BEI Periode 2012-2016

Abstract

The research for know the effect of working capital turnover and receivable turnover in profitability Return On Asset (ROA) at PT.unilever Indonesia Tbk. Type of the research is associative casual to knowing influence for between two variable or more than. The population of research are information of quarter money at PT. Unilever Indonesia Tbk. For the sample using a research in period 2012 – 2016. Based on the results of the test t, working capital Turnover has a significant value of 0,006 > 0.05 means that influential negative working capital turnover and profitability significantly to return on asset (ROA), another factor that caused the negative working capital turnover seen from a source of working capital that comes from more current assets smaller than debt smoothly so that the company experienced a minus every year and Accounts Receivable Turnover has a significant value of 0,000 < 0,05 means that influential positive Receivable turnover and profitability significantly to return on asset (ROA), this is because companies can collect receivables quickly and efficiently so that accounts receivable it returns to strength and can be used for company operations. Based on the results of the F test, it has a significant level of 0,000 which means that simultaneously working capital turnover and account receivable turnover have a significant effect on return on asset (ROA) profitability. Based on the results of the study, the researcher advises companies to pay attention to working capital turnover and receivable turnover in order to be more effective and efficient in achieving maximum profits and investors should pay attention to the value of working capital turnover and accounts receivable turnover to invest. For further researchers it is recommended to add variables that have an influence on profitability.