SKRIPSI AKS
ANALISIS MANAJEMEN MODAL KERJA UNTUK MENINGKATKAN PROFITABILITAS PERUSAHAAN (STUDI EMPIRIS PADA PERUSAHAAN SEKTOR KONSUMEN PRIMER YANG TERDAFTAR DI BURSA EFEK INDONESIA (BEI) PERIODE 2018-2021)
ABSTRACT
This research aims to determine the influence of working capital management
on profitability in the primary consumer company sector listed on the IDX for the
2018-2021 period. This research uses the dependent variable, namely profitability
(return on assets), and the independent variables, namely the inventory conversion
period, receivables collection period, debt deferral period, cash conversion cycle,
and working capital turnover.
This research method is quantitative. The population in this research is the
primary consumer sector listed on the Indonesia Stock Exchange for the 2018-2021
period, namely 122 companies. The sample selection in this study used a purposive
sampling method and a sample of 45 companies was obtained. Data collection
techniques were carried out using documentation studies through secondary data.
Data analysis techniques use descriptive statistical analysis, best model
determination test, panel data regression analysis, model accuracy test, coefficient
of determination test, and hypothesis test.
The research results show that the inventory conversion period have no effect
on profitability, the receivables collection period have no effect on profitability, the
debt deferral period have no effect on profitability, the cash conversion cycle have
no effect on profitability, and working capital turnover has an positive effect on
profitability.
Keywords: Inventory Conversion Period, Receivables Collection Period, Debt
Suspension Period, Cash Conversion Cycle, Working Capital Turnover,
Profitability.
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