PENGARUH EFISIENSI MODAL KERJA TERHADAP PROFITABILITAS PADA PERUSAHAAN MANUFAKTUR SUB SEKTOR ANEKA INDUSTRI YANG TERDAFTAR DI BURSA EFEK INDONESIA PERIODE 2020-2022

Abstrak

Abstrak − Penelitian ini bertujuan untuk menganalisis pengaruh Efisiensi Modal Kerja Terhadap Profitabilitas Pada Perusahaan Manufaktur Sub Sektor Aneka Industri Yang Terdaftar Di Bursa Efek Indonesia Periode 2020-2022. Metode pengambilan sampe yang digunakan dalam peneitian ini adalah metode purposive sampling. Sampe yang diperoleh yaitu sebanyak 45 perusahaan dari 51 perusahaan. Efisiensi modal kerja diukur mealui Cash Conversion Cycle (CCC), Cash Conversion Cycle terdiri dari 3 komponen yaitu Days Of Inventory Outstanding (DIO), Days Of Sales Outstanding (DSO), dan Days Of Payable Outstanding (DPO). Jenis data yang digunakan dalam peneitian ini adalah data sekunder dan metode analisis data menggunakan uji asumsi klasik, analisis regresi linear berganda, pegujian hipotesi serta uji koefisien determinasi. Berdasarkan analisis uji  simultan Cash Conversion Cycle (X1), Days Of Inventory Outstanding (X2), Days Of Sales Outstanding (X3), dan Days Of Payable Outstanding (X4) secara simultan perpengaruh terhadap Profitabilitas. Kemudian berdasarkan analisis uji parsial variabe Cash Conversion Cycle (X1), Days Of Inventory Outstanding (X2), Days Of Sales Outstanding (X3), dan Days Of Payable Outstanding (X4) berpengaruh positif signifikan terhadap Profitabilitas.

Abstract − This study aims to analyze the effect of Working Capital Efficiency on Profitability in Misceaneous Industrial Sub-Sector Manufacturing Companies Listed on the Indonesia Stock Exchange for the 2020-2022 Period. The sampling method used in this study was purposive sampling method. The sample obtained was 45 companies out of 51 companies. Working capital efficiency is measured through the Cash Conversion Cycle (CCC), the Cash Conversion Cycle consists of 3 components, namey Days Of Inventory Outstanding (DIO), Days Of Sales Outstanding (DSO), and Days Of Payable Outstanding (DPO). The type of data used in this study is secondary data and the data analysis method uses the classical assumption test, multiple linear regression analysis, hypothesis testing and determination coefficient test. Based on the simultaneous test analysis Cash Conversion Cycle (X1), Days Of Inventory Outstanding (X2), Days Of Sales Outstanding (X3), and Days Of Payable Outstanding (X4) simultaneously affect profitability. Then based on the partial test analysis, the Cash Conversion Cycle (X1), Days Of Inventory Outstanding (X2), Days of Sales Outstanding (X3), and Days Of Payable Outstanding (X4) variables have a significant positive effect on Profitability.