PENGARUH PERPUTARAN MODAL KERJA, PERPUTARAN KAS DAN PERPUTARAN PERSEDIAAN TERHADAP PROFITABILITAS PADA PT. MATAHARI DEPARTEMENT STORE Tbk DI BURSA EFEK INDONESIA

Abstract

This study aims to determine and analyze the effect of working capital turnover, cash turnover, and inventory turnover on profitability, both partially and simultaneously, at PT Matahari Department Store Tbk during the 2017-2024 period. The data used were quantitative and qualitative. The data sources used were secondary data. The data collection technique used was documentation. The test tools used were the Classical Assumption Test and Multiple Linear Analysis. The hypotheses included partial tests (t-test) and simultaneous tests (F-test). The results of the study showed that working capital turnover had a positive and significant effect, cash turnover had no significant effect, and inventory turnover had a positive and significant effect on profitability at PT Matahari Department Store Tbk. For the results of the F test, Working Capital Turnover, Cash Turnover, and Inventory Turnover simultaneously have a Positive and Significant Influence on the Profitability of PT Matahari Department Store Tbk. While the coefficient of determination also has a strong influence between Working Capital Turnover, Cash Turnover, and Inventory Turnover on Profitability (ROA) of 78.7%, the remaining 21.3% is influenced by other factors that were not studied