EFFECT OF TURNOVER OF CASH, RECEIVABLES TURNOVER AND INVENTORY TURNOVER OF LIQUIDITY IN GENERAL AREA PEARL HARAPPAN

Sefnat Aristarkus Tang, Yustina Maro, Junius Menase Sau Sabu

Abstract


Liquidity is the company's ability to pay off its short-term obligations. The higher the level of liquidity, the more capable the company is to pay off its obligations, conversely, the lower the liquidity, the lower the company's ability to pay off its obligations. This study aims to determine the effect of cash turnover, accounts receivable turnover, and inventory turnover on liquidity as represented by the current ratio at the Harappan Regional Public Company, Alor Regency, either partially or simultaneously. Data collection was carried out using documentation techniques by taking samples in the form of financial reports for 2015-2019. Data analysis used descriptive statistics, multiple linear regression, t-test, and F test. The results showed that partially cash turnover had a positive significant effect on company liquidity. Accounts receivable turnover has a positive significant effect on company liquidity, and inventory turnover has a positive significant effect on the Company's liquidity. Simultaneously, cash turnover, accounts receivable turnover and inventory turnover have a positive significant effect on company liquidity.

Keywords


Liquidity, Cash Turnover, Accounts Receivable Turnover, Inventory Turnover

Full Text:

PDF

References


Astutik, D. (2018). The Effect of Cash Turnover, Accounts Receivable Turnover, and Inventory Turnover on Liquidity at Food & Beverage Companies Listed on the IDX. http://repository.mahardhika-library.id/cgi/users/home?screen=EPrint::Edit&eprintid=762&stage=core#t

Dewi, M. (2019). The Effect of Working Capital and Cash Turnover on Liquidity Levels in Textile Companies on the IDX. Niagawan, 8(3), 153. https://doi.org/10.24114/niaga.v8i3.15574

Fahmi, UL, Riswati, F., & Winarto, B. (2020). Analysis of the Effect of Accounts Receivable Turnover and Cash Turnover on Liquidity of Behaestex Gresik Employee Cooperative. Business Managerial Journal, 3(3), 256–264.

Fidyaningtyas, A. and S. (2020). Effect of cash turnover, inventory turnover, accounts receivable turnover, and leverage on company liquidity. Journal of Accounting Science and Research, 9, 1–15.

Indriani Susantri, H. (2019). The Effect of Cash Turnover, Working Capital and Accounts Receivable Turnover on Liquidity in Consumer Goods Companies Listed on the Indonesia Stock Exchange for the 2014-2017 Period. Journal of Accounting, 13(1), 95.

Mulyanti, D., & Supriyani, RL (2018). Effect of Cash Turnover and Inventory Turnover on Liquidity at PT Ultra Jaya, Tbk. Journal of Scientific Studies, 18(1), 34–42. https://doi.org/10.31599/jki.v18i1.180

Nainggolan, N., & Rumengan, J. (2016). The Effect of Cash Turnover, Accounts Receivable, Merchandise Inventory on the Liquidity of PT. Tjiwi Kimia Paper Factory Tbk. Zone Scientific Journal of Accounting, 6(3), 12–23. https://doi.org/10.37776/ZA.V6I3.41

Oktaviana, NS & R. (2020). Effect of Accounts Receivable Turnover Inventory Turnover and Cash Turnover on Liquidity at PT Mandom Indonesia Tbk. Journal of Accounting Taxing and Auditing (JATA), 1(1).

Silvia, D., & Anggraini, T. (2020). Pengaruh Perputaran Kas Dan Perputaran Persediaan Terhadap Likuiditas Pada Pt Indofood Cbp Sukses Makmur Tbk Yang Terdaftar Di Bursa Efek Indonesia Periode 2011-2018. Jurnal Bisnis & Akuntansi Unsurya, 5(2), 77–83. https://doi.org/10.35968/jbau.v5i2.431

Trisnayanti, AAK, Mendra, NPY, & Bhegawati, DAS (2020). Pengaruh Perputaran Kas, Perputaran Persediaan, Perputaran Piutang Terhadap Likuiditas Perusahaan Manufaktur Subsektor Makanan Dan Minuman Yang Terdaftar Di Bursa Efek Indoensia. Jurnal Riset Akuntansi, 10(1), 1689–1699. https://doi.org/10.36733/JUARA.V10I1.755

Wijaya, I. (2018). Pengaruh Perputaran Kas, Perputaran Piutang Dan Perputaraan Persediaan Terhadap Likuiditas Perusahaan Sub Sektor Logam Dan Sejenisnya Yang Terdaftar Di BEI 2011-2016. Buana Ilmu, 3(1), 86–103. https://doi.org/10.36805/bi.v3i1.459




DOI: http://dx.doi.org/10.22441/jimb.v7i2.11659

Refbacks

  • There are currently no refbacks.


Copyright (c) 2021 Jurnal Ilmiah Manajemen dan Bisnis

Creative Commons License
This work is licensed under a Creative Commons Attribution-NonCommercial 4.0 International License.

Jurnal Ilmiah Manajemen dan Bisnis
Fakultas Ekonomi dan Bisnis Universitas Mercu Buana
Jl. Raya Meruya Selatan, Kembangan, Jakarta 11650
Tlp./Fax: +62215871335

ISSN: 2460-8424
E-ISSN: 2655-7274


http://publikasi.mercubuana.ac.id/index.php/jimb

This journal is indexed by:

   

Creative Commons License
This work is licensed under a Creative Commons Attribution-NonCommercial 4.0 International License.

Web Analytics Made Easy - StatCounter
View My Stats