Pengaruh Perputaran Modal Kerja Dan Likuiditas Terhadap Profitabilitas (studi Kasus Pada Sub Sektor Makanan Dan Minuman Yang Terdaftar Di Bursa Efek Indonesia Periode 2013-2016)

Abstract

Abstrak Tujuan dari penelitian ini adalah untuk menganalisis pengaruh perputaran modal kerja dan likuiditas terhadap profitabilitas pada perusahaan makanan dan minuman yang terdaftar di Bursa Efek Indonesia periode 2013-2016. Profitabilitas adalah kemampuan menghasilkan laba. Dalam analisis rasio, kemampuan menghasilkan laba dapat dikaitkan dengan penjualan, aset atau modal. Apabila perusahaan menghasilkan profitabilitas yang tinggi, maka perusahaan akan banyak diminati oleh para investor untuk berinvestasi. Populasi dalam penelitian ini adalah perusahaan makanan dan minuman periode 2013-2016. Teknik pemilihan sampel menggunakan teknik purposive sampling yaitu teknik pemilihan sampel berdasarkan pada karakteristik tertentu. Data diperoleh berdasarkan publikasi Indonesian Stock Exchange (IDX) periode 2013-2016. Jumlah sampel yang memenuhi kriteria sebanyak 13 perusahaan dengan 52 data. Metode analisis data dalam penelitian ini adalah analisis regresi data panel dengan menggunakan software eviews. Berdasarkan hasil penelitian menunjukkan bahwa rasio perputaran modal kerja (WCT) dan rasio likuiditas (CR) secara simultan berpengaruh terhadap profitabilitas (ROA). Secara parsial rasio perputaran modal kerja dan rasio likuiditas berpengaruh positif terhadap profitabilitas. Kata Kunci: perputaran modal kerja (WCT), likuiditas (CR), profitabilitas (ROA). Abstrack The purpose of this research is to analyze the effect of rotation from the working capital and liquidity towards profitability in the food and beverage companies were listed on the Indonesia stock exchange period 2013-2016. Profitability is the ability to generate a profit. In the analysis of the ratio of profit-generating capabilities, can be associated with sales, assets or capital. If the company generates high profitability, then the company will be much sought after by investors to invest. The population in this study are food and beverage companies of the period 2013-2016. Sample selection technique using a purposive sampling techniques namely the selection of the sample was based on certain characteristics. The data obtained based on the publication of the Indonesian Stock Exchange (IDX) of the period of 2013-2016. The number of samples that meet the criteria as much as 13 companies with 52 data. A method of data analysis in this study is the analysis of panel data regression using eviews software. Based on the results of the study showed that the ratio of working capital turnover (WCT) and the liquidity ratio (CR) the simultaneous effect on profitability (ROA). Partially working capital turnover ratio and liquidity ratio of positive effect towards profitability.a significant effect on its modest profitability in ( roa ) .This partial the ratio of the i e after the sunrise working capital and the ratio of the had a positive impact on its modest profitability in liquidity using all its available . Keywords : Profitability (ROA), Liquidity(CR), Working Capital Turnover (WCT