Pengaruh Perputaran Piutang dan Persediaan Terhadap Rentabilitas pada Perusahaan Sub Sektor Rokok yang Terdaftar di BEI

Abstract

This study aims to find out whether accounts receivable turnover (X1) and inventory turnover (X2) both partially and simultaneously have a significant effect on rentability in the 2013 - 2017 Cigarette Sub Sector Companies Listed on the IDX. The data analysis method used is the classic assumption test, multiple linear regression analysis and hypothesis testing. The data used in this study are secondary data, by collecting the financial statements of the Cigarette Sub Sector in the form of balance sheets and income statements for 2013 to 2017 which are listed on the Indonesia Stock Exchange. The samples used in this study are financial statements in the form of the 2013 - 2017 Company Sub-Cigarette Sub-sector balance sheet and income statement.

The F test results, obtained F value of 1,589 with a significant level of 0,000 means that simultaneously (simultaneous) accounts receivable turnover and inventory have a significant effect on rentability. The results of the t-test partially show the significance level obtained from the independent variable, namely accounts receivable turnover of 0.003 and inventory turnover of 0.002. This shows that accounts receivable turnover and inventory turnover have a significant effect on rentability. Based on the results of the study, the researchers suggest that investors should pay attention to the value of accounts receivable turnover and inventory turnover before making a decision to invest, and for companies should pay attention to the management of receivables and inventory by taking into account receivable turnover and inventory turnover to be more effective and efficient so they can achieve maximum profit .