PENGARUH MANAJEMEN MODAL KERJA TERHADAP PROFITABILITAS PERUSAHAAN FAST MOVING CONSUMER GOODS (FMCG) DI INDONESIA, DARI TAHUN 2016 – 2021

MERRY, ADITHYA JEAN (2022) PENGARUH MANAJEMEN MODAL KERJA TERHADAP PROFITABILITAS PERUSAHAAN FAST MOVING CONSUMER GOODS (FMCG) DI INDONESIA, DARI TAHUN 2016 – 2021. Masters thesis, Universitas Tarumanagara.

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Abstract

This study aims to examine the effect of working capital on the profitability of fast moving consumer goods (FMCG) companies in Indonesia from 2016 – 2021. The population in this study are FMCG companies listed on the Indonesia Stock Exchange and issuing financial reports for the period 2016 – 2021 The sample selection was carried out using the purposive sampling method and obtained a sample of 24 financial statements from 2016 – 2021 with a total of 144 observations. The data used is secondary data with multiple regression testing.The software used for the testing is SPSS version 23. The dependent variables of this study are Return on Assets (ROA), Return on Equity (ROE), and Net Profit Margin (NPM), where these three variables are considered to represent company profitability. The independent variables used are Current Ratio (CR), Average Collection Period (ACP), Average Payment Period (APP), and Cash Conversion Cycle where these four variables are considered to represent working capital management. Three models were created to predict the effect of working capital on (1) ROA, (2) ROE, and (3) NPM. Regarding the effect of working capital on ROA, the results of this study indicate that only APP has a partially significant effect. Regarding the effect of working capital on ROE, the results show that APP and CCC each have a partially significant effect. Related to the effect of working capital on NPM, the results show that APP and CCC each have a partially significant effect.

Item Type: Thesis (Masters)
Additional Information: Dosen Pembimbing: Dr. Indra Widjaja, SE., M.M
Uncontrolled Keywords: Working Capital, Working Capital Management, Profitability.
Subjects: Tesis
Tesis > Pascasarjana
Divisions: Pascasarjana
Depositing User: Pasca Perpus
Date Deposited: 24 Feb 2023 03:41
Last Modified: 24 Feb 2023 03:41
URI: http://repository.untar.ac.id/id/eprint/38806

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