PENGARUH CASH CONVERSION CYCLE, INVENTORY TURNOVER, AVERAGE PAYMENT PERIOD, CASH TURNOVER DAN LEVERAGE TERHADAP PROFITABILITAS PERUSAHAAN (Studi pada Perusahaan Sektor Trade, Services & Investment Periode 2012-2015)
Abstract: The main purpose of
this research is to test the influence of Cash Conversion Cycle, Inventory
Turnover, Average Payment Period, Cash Turnover and Leverage on firm’s profitability.
This type of research is a quantitive and conclusive research in the form of
causality by using purposive sampling methods, so that obtained 60 companies
that meet the criteria. The object of this research are Trade, Services, and
Investment’s companies that listed on Indonesia Stock Exchange period 2012 –
2015. The data used are secondary data obtained from annual report, financial
report, and Summary of company performance. The data analysis technique used
multiple linear regression analysis and using IBM SPSS version 23. The result
of this study found that cash turnover and leverage negatively effect on firm
profitability. While cash conversion cycle, inventory turnover, and average
payment period positively on firm profitability. Based on the findings in this
research, can be a consideration for the company to give more attention to the
factor of Cash Turnover and Leverage factors that have a negative effect on the
profitability of the company. With information about the factors that affect
profitability can be used as the basis of investor decisions to make investment
and become the next research reference to involve other variables that are
considered more influential on profitability with different models
Keywords: profitability, cash
conversion cycle, inventory turnover, average payment period, cash turnover,
leverage
Penulis: MUH. MIFTAHUL ULUM
Kode Jurnal: jpmanajemendd171206
