Abstract
This study aims to examine the effect of sales growth, company size and working capital turnover on company profitability at PT.Kimia Farma during the 2010-2019 period. This study uses secondary data in the form of time series (time series) which is accessed through the websitewww.kimiafarma.co.id and in www.idx.co.id. Data analysis methods that used in this study by using the stationarity test and the autoregressive distributed lag (ARDL) analysis model. The variables used in this study are independent variables, namely sales growth, company size and working capital turnover. While the dependent variable is the company's profitability (ROA). The results of the study partially found that sales growth had a negative and not significant effect on company profitability, company size had a negative and insignificant effect on company profitability and working capital turnover had a negative and negative effect not significant to the company's profitability. Simultaneously, the three variables, namely sales growth, company size, and working capital turnover have a negative and insignificant effect on company profitability.
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 callMore From: The International Journal of Business & Management
Disclaimer: 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.
