Abstract
The sales process at a distribution or retail company cannot be separated from the influence of the inventory held by the company. This study aims to analyze the effect of Accounts Receivable Turnover and Inventory Turnover on Return on Assets (ROA) of the company. The data used in this study are secondary data sourced from financial data on the Indonesia Stock Exchange contained in the company's financial statements. This research was conducted at PT Sumber Alfaria Trijaya Tbk in the period 2011-2017. The statistical analysis used in this study is the classic assumption test, multiple linear regression, coefficient of determination, and hypothesis testing using the t-test and f test. Partially (t-test) obtained receivables turnover (X1) has no effect but is not significant on Return on Assets (ROA), while inventory turnover (X2) has an effect but not significantly on Return on Assets (ROA) (Y). Simultaneously (test f) obtained Receivables Turnover (X1) and inventory turnover (X2) have a significant effect on Return On Assets (ROA). Based on the results of R2 the independent variable Accounts receivable turnover and inventory turnover have an effect of 80.1% on the dependent variable that is Return on Assets (ROA), while the remaining 19.9%, is influenced by other variables not examined in the study.
Highlights
The goals of every company are the same, namely to earn profits and maintain the sustainability of the company in the future (Fahmi, 2014; Farid Addy Sumantri et al, 2015; Horne, J.C. dan Wachowicz, 2007; Kotler & Keller, 2009; Sudana, 2011)
The object of research in this thesis is one of the companies listed on the Indonesia Stock Exchange (IDX), namely PT Sumber Alfaria Trijaya Tbk, which is located at Jl
Based on the research results receivable turnover (X1) has no effect and no significant effect on Return On Assets (ROA) at PT Sumber Alfaria Trijaya, Tbk. This is evidenced by the equation of the positive linear regression coefficient which is 0,000, which means that each increase in the receivable turnover Return On Assets (ROA) does not increase or remain constant, with a tcount of -0.550 smaller than the ttable of 2.13185 with a significant level of 0.612 greater from 0.05
Summary
The goals of every company are the same, namely to earn profits and maintain the sustainability of the company in the future (Fahmi, 2014; Farid Addy Sumantri et al, 2015; Horne, J.C. dan Wachowicz, 2007; Kotler & Keller, 2009; Sudana, 2011). To maintain the company's survival and generate large profits, the management must handle and manage its resources properly. This is done so that the company's profitability is increasing. There are several measurement tools used to measure the profitability of a company, among others: Profit Margin, Return On Assets (ROA), Return On Equity (ROE), Earning Per Share (EPS), and Base Earning Power (BEP).
Sign-in/Register to view highlights & summary Sign-in/Register to access full text options 
Talk to us
Join us for a 30 min session where you can share your feedback and ask us any queries you have
Schedule a callDisclaimer: All third-party content on this website/platform is and will remain the property of their respective owners and is provided on "as is" basis without any warranties, express or implied. Use of third-party content does not indicate any affiliation, sponsorship with or endorsement by them. Any references to third-party content is to identify the corresponding services and shall be considered fair use under The CopyrightLaw.
