PENGARUH PERPUTARAN KAS DAN PERPUTARAN PIUTANG TERHADAP LABA BERSIH PT MANDOM INDONESIA TBK

Abstract

This study aims to determine whether cash turnover (X1) and accounts receivable turnover(X2) both partially and simultaneously have a significant effect on net income at PT MandomIndonesia Tbk listed on the Indonesia Stock Exchange (IDX).The data analysis method used is the classical assumption test, multiple linear regressionanalysis and hypothesis testing with the E-views program 8. The data used in this study aresecondary data, by collecting quarterly financial statements of PT Mandom Indonesia Tbk in theform of balance sheet and income statement 2010 to 2017 which are listed on the Indonesia StockExchange. The sample used in this study is a quarterly financial statement in the form of abalance sheet and income statement of PT Mandom Indonesia Tbk from 2010 to 2017.The F test results in this study have a coefficient value of 170.0159 with a prob (F-statistic)of 0.0000.000 <0.05. This result means that the independent variables (cash turnover andaccounts receivable turnover) simultaneously or jointly have a significant effect on the company'snet income. The t-test results partially indicate the level of significance obtained from theindependent variables, namely cash turnover of 0,000 and accounts receivable turnover of0.0081. This shows that cash turnover and accounts receivable turnover have a significant effectin increasing net income.Based on the results of the study, the researchers suggest that investors should pay attentionto the value of cash turnover and accounts receivable turnover before making a decision to invest,and for companies should pay attention to cash management and receivables by paying attentionto cash turnover and accounts receivable turnover to make it more effective and efficient so that itcan achieve maximum profits . For future researchers, it should add or multiply independentvariables that are still based on financial statements other than those used in this study whileremaining based on previous studies.Keywords: Cash Turnover, Receivable Turnover and Net Profit.