Pengaruh Perputaran Kas dan Perputaran Piutang Terhadap Profitabilitas pada PT. Telekomunikasi Indonesia (Persero) Tbk yang Terdaftar di Bursa Efek Indonesia

Abstract

This study aims to determine the influence of cash turnover and receivable turnover of profitability at PT Telecommunication Indonesia (Persero) Tbk listed in the Indonesia Stock Exchange. The independent variables used in this study are Cash Turnover and Receivable Turnover. The dependent variable is Profitability measured using Return on Assets (ROA). The population in this study is the annual financial report at PT Telecommunication Indonesia (Persero) Tbk which is listed on the Indonesia Stock Exchange for the period 2012-2017. The sample in this study is the entire balance sheet and income statement at PT Telecommunication Indonesia (Persero) Tbk for the period 2012-2017. Based on the results of the study show that partially cash turnover has a significance value of 0.034 < 0.05 which means that cash turnover has a positive and significant effect on return on assets (ROA), receivable turnover has a significance value of 0.085 > 0.05 which means positive and not significant effect on return on assets (ROA) at PT Telecommunication Indonesia (Persero) Tbk. Based on the results of the study show that simultaneous cash turnover and accounts receivable turnover have a significance value of 0.017 < 0.05 and show the value of F count > F table where 10.141 > 9.552 means simultaneous cash turnover and receivable turnover to return on assets (ROA) has an effect positive and significant at PT Telecommunication Indonesia (Persero) Tbk.