The purpose of this study to examine the effect of working capital on the profitability of companies listed on the Stock Exchange Automotive. The population in this study is a Automotive company listed on the Stock Exchange. Sampling was done by sampling techniques using simple random sampling in order to obtain 68 data. This study uses data analysis include descriptive analysis, the classical assumption test, regression analysis, and hypothesis testing F test with SPSS version 11.5. Regression analysis to determine the effect of independent variables consisting of cash turnover, accounts receivable turnover and inventory turnover on profitability (ROI). Based on the results of the t test, this study shows that the variable cash flows and a significant positive effect on profitability, while variable receivable turnover and inventory turnover significant negative effect on profitability. Test results simultaneously with F indicate that all the independent variables have a significant effect tehadap ROI. Adjusted R square value of 0.137 which indicates that 13.7% ROI variables can be explained by the independent variable cash turnover, accounts receivable turnover and inventory turnover while the remaining 86.3% explained by other variables.

Tidak Tersedia Deskripsi