Effect of Quick Ratio, Total Asset Turnover, and Receivable Turnover on Return on Assets in Food and Beverages Companies Listed on the Indonesia Stock Exchange (IDX)

Muhammad Yamin Siregar, Mardiana Mardiana

Abstract


The purpose of this study was to determine the effect of Quick Ratio, Total Asset Turnover and Receivable Turnover on Return On Assets in Food & Beverages companies listed on the Indonesia Stock Exchange (IDX). The research applied is an associative type with the aim of knowing the effect of one variable on another. The data used is secondary data with multiple linear regression analysis method panel data using the help of the Eviews10 programs. The population applied in this study is the Food & Beverages companies listed on the Stock Exchange with a total of 26 companies and the sample in this study amounted to 8 companies. The data collection technique used is documentation. The results of the study prove that partially the QR variable has a significant effect on ROA, the TATO variable has a partial but not significant effect on ROA and the RTO variable has no effect on return on assets. Simultaneously quick ratio, total asset turnover and receivable turnover has no effect on ROA. With the coefficient of determination (R²) of 0.094563.


Keywords


quick ratio; total asset turnover; receivable turnover; return on asset

Full Text:

PDF

References


Agleinta, E. R. (2019). Pengaruh Perputaran Piutang Dan Perputaran Aktiva Tetap Terhadap probabilitas. Jurnal Ekonomi Dan Bisnis - VOL. 17. NO. 3 (2019), 1-11

Alex Budi Simangunsong, C. P. (2019). Pengaruh Perputaran Persediaan, Perputaran Piutang, Penjualan Bersih, Hutang Usaha Terhadap Laba Bersih Perusahaan Manufaktur Yang Terdaftar DI BEI 2013-2016. Jurnal AKRAB JUARA Volume 4 Nomor 2 Edisi Mei 2019 (115-128), 115-128.

BRAMASTO, A. (n.d.). Analisis Perputaran Aktiva Tetap dan Perputaran Piutang Kaitannya Terhadap Return On Assets Pada PT. POS INDONESIA (PERSERO) Bandung. Majalah Ilmiah UNIKOM Vol.9, No. 2, 215-230.

Chairul Anam, L. R. (2018). Analisis Rasio Likuiditas, Rasio Solvabilitas, dan Biaya Oprrasional Tehadap Pajak Penghasilan Badan Terutang (Sektor Pertambangan DI BEI Tahun 2011-2016). Margin Eco Vol. 2 No.1 Mei 2018, 43- 68

Dewi, A. S. (2018). PENGARUH LIKUIDITAS DAN SOLVABILITAS TERHADAP PROFITABILITAS PADA. Economac. Volume 2 Issue 1 April 2018, 2.

Diana, L. (2020). Pengaruh Likuiditas, Solvabilitas, Manajemen Aset, dan. Jurnal Akuntansi Kontemporer (JAKO) – Vol 12 No 1 – Januari 2020 – Halaman 20-34, 12, 20-34

Evadine, R. (2019). Pengaruh Hutang Jangka Panjang, Hutang Jangka Pendek dan Modal Kerja Terhadap Profitabilitas Pada PT Delta Atlantic Indah Medan (Periode 2013-2017). Jurnal Ilmiah Kohesi Vol. 3 No.2 April 2019, 36-46

Gunawan, M. F. (2018). Pengaruh Current Ratio dan Total Assets Turnover Terhadap Return on Assets Pada Perusahaan Plastik dan Kemasan. Jurnal Riset Akuntansi AKSIOMA Vol. 17, No. 2, Desember 2018, 17, 1-36

Husaeri Priatna, N. L. (2018). Pengaruh Perpuatan Aktiva Tetap dan Perputaran Piutang Terhadap Probabilitas. Akurat | Jurnal Ilmiah Akuntansi, 9, 1-26.

Imam Ghozali, D. R. (2017). Analisis Multivariat dan Ekonometrika. Teori, Konsep, dan Aplikasi dengan Eviews 10 Edisi 2. Semarang.

Kamal, M. B. (2016). Pengaruh Receivable Turnover dan Debt to Asset Rario (DAR) Terhadap Return on Asset (ROA) Pada Perusahaan Pertanan Yang Terdaftar di Bursa Efek Indonersia. Jurnal Ilmiah Manajemen dan Bisnis Vol. 17, No. 02, Oktober 2016, 68-81

Lucky Nugroho, E. A. (2019). Analisa Pengaruh Perputaran Kas dan Perputaran Piutang Terhadap Return on Asset (ROA) pada Perusahaan LQ 45 yang Terdaftar di BEI Tahun 2012-2017. Inovbiz: Jurnal Inovasi Bisnis 7 (2019) 20-25, 20-25.

Ningrum, P. A., et al. (2020). The Potential of Poverty in the City of Palangka Raya: Study SMIs Affected Pandemic Covid 19. Budapest International Research and Critics Institute-Journal (BIRCI-Journal) Volume 3, No 3, Page: 1626-1634

Nurruzzaman, M. S. (2006). Analisis Net Working Capital dengan Metode Days Of Inventory dan Days Of Account Receivable. Jurnal Ilmiah Kesatuan Nomor 1 Volume 8, April 2006, 8, 18-27.

Pangestuti, D. C. (2018). Pengaruh EPS, DER dan ROA Terhadap Tobin’s Q Pada Perusahaan Pertambangan dan Energi Yang Go Publik di Bursa Efek Indonesia. JMM Online Vol. 2 No. 5 September (2018), 449-464.

Rilla Werdiningtyas, 2. (2018). Analisis Pengaruh Receivable Turnover (RTO), Inventory Turnover (ITO), Working Capital Turnover (WCTO), dan Total Asset Turnover (TATO) Terhadap Profitabilitas pada Perusahaan yang Terdaftar di Jakarta Islamic Index (JII) Periode 2011-2017. Jurnal Sains Ekonomi dan Perbankan Syariah Vol. 8 No. 1, Januari 2018, 8, 19-29.

Saleh, A., Mujahiddin. (2020). Challenges and Opportunities for Community Empowerment Practices in Indonesia during the Covid-19 Pandemic through Strengthening the Role of Higher Education. Budapest International Research and Critics Institute-Journal (BIRCI-Journal). Volume 3, No 2, Page: 1105-1113.

Sanjaya, R. P. (2019). Jurnal Riset Akuntansi dan Bisnis Vol . 19, No. 2, 2019, hal 200-211, 19, 200-211.

Santoso, C. E. (2013). Perputaran Modal Kerja dan Perputaran Piutang Pengaruhnya Terhadap Profitabilitas Pada PT. Pegadaian (PERSERO). Jurnal EMBA Vol.1 No.4 Desember 2013, Hal. 1581-1590, 1581-1590.

Satria, R. (2018). Pengaruh Perputaran Piutang, Perputaran Persediaan, dan Rasio Lancar Terhadap Profitabilitas Perusahaan Manufaktur Sektor Industri Barang Konsumsi Yang Terdaftar di Bursa Efek Indonesia. Jurnal Sekuritas, Vol.2, No.1 , September 2018, 138-146.

Sihombing, E. H., Nasib. (2020). The Decision of Choosing Course in the Era of Covid 19 through the Telemarketing Program, Personal Selling and College Image. Budapest International Research and Critics Institute-Journal (BIRCI-Journal) Volume 3, No. 4, Page: 2843-2850.

Suyono, Y. S. (2019). The Analysis of the Inluence of Current Ratio, Total Debt to Equity Ratio, Vol. 3 No. 4, Desember 2019 (389-405), 3, 389-405.

Untung Supriyadi, y. (2015). Pengaruh WTC, QR, dan DER terhadap ROA pada Industri Makanan dan Minuman. Manajemen Usahawan Indonesia Vol. 44 No.1 | April - Juni 2015, 44, 13-22.

Utami Prihati Ning Tias1, A. P. (2020). Pengaruh Likuiditas (Quick Ratio) dan Perputaran Modal Kerja Terhadap Return on Asset (Studi Kasus pada Perusahaan Sub Sektor Logam yang Terdaftar di Bursa Efek Indonesia Periode 2011-2015). Responsive, Volume 3 No. 1 April 2020: 1 - 17, 3, 1-17.

Yohannes Suharsana, I. N. (2018). Analisis Efisiensi dan Efektivitas Pengelolaan Persediaan Pada Apotek Gratia Lampung Tengah. GEMA – Volume X, Nomor 1, Januari 2018, 9-16.




DOI: https://doi.org/10.33258/birci.v5i1.4241

Article Metrics

Abstract view : 612 times
PDF - 215 times

Refbacks

  • There are currently no refbacks.


Creative Commons License
This work is licensed under a Creative Commons Attribution-ShareAlike 4.0 International License.

 

Creative Commons License
This work is licensed under a Creative Commons Attribution-ShareAlike 4.0 International License.