Text

PENGARUH PERPUTARAN PIUTANG DAN PERPUTARAN PERSEDIAAN TERHADAP PROFITABILITAS PADA PT. ULTRAJAYA MILK INDUSTRY & TRADING COMPANY Tbk DAN ANAK PERUSAHAAN

Share :
• 
• 
• 
• 
• 
• 
• 

ABSTRACT EFFECT RECEIVABLE TURNOVER AND INVENTORY TURNOVER ON PROFITABILITY ON PT. ULTRAJAYA MILK INDUSTRY & TRADING COMPANY Tbk AND SUBSIDIARIES Writen by: Indah Febriyanti NIM: 1332123 This study aimed to determine how the receivable turnover, the inventory turnover, the profitability, the influence of receivable turnover on profitability, the influence of inventory turnover on profitability, and the simultan influence of receivable turnover and inventory turnover on profitability of PT. Ultra Jaya Milk Industry Tbk years 2006-2015. The method used in this research was descriptive method of the data obtained through the actual situation, analyzed, and then concluded. The analysis was statistic descriptive, assumption classic testing, hypothesis testing (T significance and F significance), coefficient correlation analyzed and coeficient of determination analyzed. The population used in this research were financial reports on PT. Ultra Jaya Milk Industry Tbk. with a sample financial report of PT. UltraJaya Milk Industry & trading company tbk and subsidiaries years 2006-2015. The sampling method used purposive sampling method. From the research results of research descriptive statistic rerieved results receivable turnover low was 6.91 times by 2006 and the highest 20 times by 2015. The lowest inventory turnover was 5.58 times by 2013 and highest 3.47 in 2010. Profitability with ROA low was 0.01 in 2006 and the highest was 0.18 in 2008. Receivable turnover and profitability have correlation was 0.493 and determination of coefficient was 0.243 (24.3%). Partial hypotheses test (t- test) results in a value t-calculate was 1.604 and significant value was 0.147 > 0.05 that means there was nothing significant influence among receivable turnover towards profitability. Inventory turnover and profitability had a correlation coefficient was 0.551, while it determination coefficient was 0.304 (30.4%). Partial hypotheses test (t-test) results in a value t-calculate was 1.870 and significant value was 0.098 > 0.05 that means there was no significant influence between the inventory turnover towards profitability. Receivabel turnover and inventory turnover simultaneously to profitability with this assumption classical said a good relationship to be research. The testing of hypotheses simultaneous (ftest) obtained the results of f-calculate was 2.053 with f-table was 4.7374, 2.053 < 4.7374 and significant value 0.199 which means receivable turnover and inventory turnover simultaneously influential nor significantly to profitability. The result of the analysis coefficient determination in profitability there were 37% the contribution of receivable turnover and inventory turnover simultaneously. Keywords: receivable turnover, inventory turnover, profitability, ROA (Reutrn On Asset)