Main Article Content

Abstract

This study aims to determine the effect of working capital turnover on profitability at PT Arwana Citra Mulia Tbk for the 2015-2022 period. The method used is explanatory research. The analysis technique uses statistical analysis with regression testing, correlation, determination and hypothesis testing. The results of this study the working capital turnover variable obtained an average value of 3.552%. Profitability variable obtained an average value of 8.380%. Working capital turnover has a positive and significant effect on profitability with a regression equation value Y = 1.311 + 0.002X, and a correlation coefficient value of 0.724 or having a strong relationship with a determination value of 52.4%. The hypothesis test obtained a significance of 0.042 <0.05.

Keywords

Working Capital Turnover Profitability

Article Details

How to Cite
Pangaribuan, H. (2023). The Effect of Working Capital Turnover on Profitability at PT. Arwana Citra Mulia Tbk Period 2015-2022. Fin Sinergy: Jurnal Manajemen Keuangan, 1(1), 13-19. https://doi.org/10.56457/fin.v1i1.381

References

  1. Agus Harjito & Martono, (2010) "Financial Management" Yogyakarta: Ekonisia Publisher.
  2. Agus Sartono. (2010). “Toeri and Application Financial Management”, fourth edition, Yogyakarta: BPFE Publisher.
  3. Algifari. (2015). “Regression Analysis for Business and Economics”. Yogyakarta: BPFE.
  4. Arikunto, Suharsimi (2014). "Research Procedure A Practice Approach". Jakarta: Rineka Cipta.
  5. Bambang Riyanto, (2011). “Fundamentals of Corporate Spending”. Fourth edition, BPFE Yogyakarta.
  6. Fahmi, Irham (2012), "Introduction to Financial Management" First edition. Bandung: Alphabet Publishers.
  7. Imam Ghozali (2017). "Applications of Multivariate Analysis with the SPSS Program". Fifth Edition. Semarang: Undip Publishing Agency.
  8. Istijanto (2014) "Human Resource Research". Jakarta: PT. Scholastic Library
  9. Cashmere, (2010). "Introduction to Financial Management", First Edition, Second Printing, Jakarta: Prenada Media Publisher.
  10. Cashmere. (2012) "Introduction to Financial Management", First Edition, Second Printing, Jakarta: Prenada Media.
  11. Kharis, Ismu Fadli (2011). “Studies Regarding Impulse Buying in Online Sales”. Semarang: Diponegoro University Thesis
  12. Martono and Agus Harjito, (2011). "Financial Management", Jakarta: Ekonisia Publisher..
  13. Munawir (2010), "Financial Statement Analysis", Fourth Edition, Liberty Publisher, Yogyakarta.
  14. Santoso, Singgih (2015). "Mastering Multivariate Statistics". Jakarta: PT Elex Media Komputindo.
  15. Sartono, "Financial Management Applications and Theory", Fourth Edition, BPFE, Yogyakarta, 2008.
  16. Sawir, (2003). "Financial Performance Analysis and Corporate Financial Planning", Third Print, Jakarta: Publisher PT. Main Library Gramedia.
  17. Sugiyarso, G. and F. Winarni, "Financial Management (Understanding of Financial Statements, Management of Assets, Liabilities and Capital and Measurement of
  18. Sugiyono (2017), "Administrative Research Methods: equipped with R & D Methods". Bandung: Alphabet.