Pengaruh Perputaran Kas, Perputaran Piutang dan Perputaran Modal Kerja Terhadap Laba Sebelum Pajak PT. Indofood CBP Sukses Makmur, Tbk

Abstract

The variables used in this research are in the form of three independent variables namelyCash Turnover (X1), Receivable Turnover (X2), Working Capital Turnover (X3) and one dependentvariable, Profit Before Tax (Y). This research aims to determine how much influence cash turnover,receivables turnover, working capital turnover on profit before tax at PT. Indofood CBP SuksesMakmur Tbk. The hypothesis in this research aims to prove the influence of variable X with variableY both simultaneously and partially.When the research was conducted by researchers began in July to September 2019. As forthe research site, researchers obtained data sourced from the official website of PT. Indofood CBPSukses Makmur Tbk. The population used is all quarterly financial statements issued by PT.Indofood CBP Sukses Makmur Tbk. with a total sample of 32 financial statements taken in stagesor in sequence.The data in this research use secondary data. Data processing methods used in the form ofmultiple linear regression analysis techniques that aim to see the effect of the independent variablewith the dependent variable with the data processing media using the program Eviews 8.The results showed that cash turnover, receivable turnover and working capital turnover hada significant effect simultaneously in increasing profit before tax at PT. Indofood CBP SuksesMakmur Tbk. Partially cash turnover has no significant effect on profit before tax. Whilereceivables turnover and working capital turnover partially have a significant effect on profitbefore tax.The conclusion of this research means that if the cash turnover, receivable turnover andworking capital turnover together (simultaneously) have a significant effect on the increase in profitbefore tax at PT. Indofood CBP Sukses Makmur Tbk.Keywords: Cash Turnover, Receivables Turnover, Working Capital Turnover and Profit BeforeTax.