Pengaruh Rasio Keuangan Aktivitas Terhadap Kinerja Keuangan Pada Perusahaan Food and Beverages yang Terdaftar di Bursa Efek Indonesia (BEI)

Abstract

This study aims to determine the effect of Total Assets Turnover, Inventory Turnover, and Receivable Turnover on Return On Assets in Food and Beverages on the Indonesia Stock Exchange.This type of research is associative.The data used are secondary data and the method used is multiple panel linear regression analysis with the help of the Eviews10 program. The population in this study is the Food and Beverages Companies listed on the Indonesia Stock Exchange in the 2014-2018 period, amounting to 15 companies. The sample in this study were 5 companies. Based on the results of the t test TATO has a probability value of 0.0106 < 0.05 and has a regression coefficient of -0.156027 which means that partially TATO has a signiificant effect on ROA on Food ad Beverages Companies listed on the Indonesia Stock Exchange. ITO has a probability value of 0.0017 < 0.05 and has a regression coefficient of 0.049723 which means that partially ITO has a significant effect on ROA on Food and Beverages Companies listed on Indonesia Stock Exchange. RTO has a probability value of 0.7815 > 0.05 and has a regression coefficient of 0.002082 which means that partially there is no significant effect between RTO and ROA. Based on the test results F, TATO, ITO, and RTO have a probability value of 0.006228 < 0.005 and show Fcount> Ftable where (5.453377 > 3.07) which means that simultaneously TATO, ITO and RTO have a positive and significant effect on ROA. The coefficient of determination (R2) is 0.357604. So it can be concluded that 35.74% ROA is influenced by TATO, ITO and RTO and the remaining 64.26% is influenced by other variables not examined in this study.