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

Sari

The variables used in this research are in the form of three independent variables namely
Cash Turnover (X1), Receivable Turnover (X2), Working Capital Turnover (X3) and one dependent
variable, 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 Sukses
Makmur Tbk. The hypothesis in this research aims to prove the influence of variable X with variable
Y both simultaneously and partially.
When the research was conducted by researchers began in July to September 2019. As for
the research site, researchers obtained data sourced from the official website of PT. Indofood CBP
Sukses 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 stages
or in sequence.
The data in this research use secondary data. Data processing methods used in the form of
multiple linear regression analysis techniques that aim to see the effect of the independent variable
with 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 had
a significant effect simultaneously in increasing profit before tax at PT. Indofood CBP Sukses
Makmur Tbk. Partially cash turnover has no significant effect on profit before tax. While
receivables turnover and working capital turnover partially have a significant effect on profit
before tax.
The conclusion of this research means that if the cash turnover, receivable turnover and
working capital turnover together (simultaneously) have a significant effect on the increase in profit
before tax at PT. Indofood CBP Sukses Makmur Tbk.

Keywords: Cash Turnover, Receivables Turnover, Working Capital Turnover and Profit Before
Tax.