The Influence of WCTO, TATO and SG on ROA at PT Kalbe Farma Tbk

Authors

  • Yola Febriana Universitas Pamulang, Indonesia
  • Aria Aji Priyanto Universitas Pamulang, Indonesia

DOI:

https://doi.org/10.57235/aurelia.v4i1.3514

Keywords:

Working Capital Turnover, Total Asset Turnover, Sales Growth, Return On Assets

Abstract

This research aims to determine the effect of Working Capital Turnover, Total Asset Turnover, and Sales Growth on Return on Assets (ROA) at PT Kalbe Farma Tbk. Using Quantitative Methods. Sample Financial Report of PT Kalbe Farma Tbk. for 10 years. Data analysis uses descriptive statistical tests, classical assumption tests, multiple regression analysis, hypothesis testing and coefficient of determination tests. The partial test results of Working Capital Turnover do not have a significant effect on Return on Assets. Total Asset Turnover has a significant effect on Return on Assets. Sales Growth has no effect on Return on Assets. The results of simultaneous testing of Working Capital Turnover, Total Asset Turnover, and Sales Growth have a significant effect on Return on Assets. The results of the Coefficient of Determination test show that Adjust R Square is 0.949. Working Capital Turnover, Total Asset Turnover, and Sales Growth on Return on Assets have a contribution of 94 .9%, Meanwhile 5.1% was influenced by other variables not analyzed in this study.

Downloads

Download data is not yet available.

References

Haryanto, T. (2019). Pengaruh likuiditas dan perputaran modal kerja terhadap profitabilitas pada PT. Pariwara Komunikasi Indonesia di Tangerang. Jurnal SEKURITAS (Saham, Ekonomi, Keuangan Dan Investasi), 2(2), 113.

Meidiyustiani, R. (2016). Pengaruh Modal Kerja, Ukuran Perusahaan, Pertumbuhan Penjualan dan Likuiditas terhadap Profitabilitas pada perusahaan manufaktur sektor industri barang konsumsi yang terdaftar di Bursa Efek Indonesia (BEI) periode tahun 2010–2014. Jurnal Akuntansi dan Keuangan, 5(2), 41-59.

Pitaloka, K. G. Z., Rahayu, M., & Emarawati, J. A. (2022). Inventory Turnover dan Sales Growth terhadap Profitabilitas. Ikraith-Ekonomika, 5(1), 212-221

Rahmawati, D & Priyanto, A.A (2023). “Pengaruh Current Ratio Dan Total Asset Turnover Terhadap Return On Asset Pada PT.Unilever Indonesia TBK Periode 2012-2022” mengatakan Current Ratio serta pada Total Asset Turnover pun menunjukan hasil yang sama terdapat pengaruh yang positif signifikan terhadap Return On Asset.

Rahmawati, I., & Mahfudz, M. K. (2018). Analisis pengaruh perputaran modal kerja, likuiditas, struktur modal, sales growth, struktur aktiva, size terhadap profitabilitas (studi pada perusahaan manufaktur yang terdaftar di bursa efek indonesia tahun 2012-2016). Diponegoro Journal Of Management, 7(4), 380-393.

Utami, M. T., & Manda, G. S. (2021). Pengaruh Working Capital Turnover (WCT), Current Ratio (CR), dan Total Assets Turnover (TATO) terhadap Profitabilitas. Moneter-Jurnal Akuntansi Dan Keuangan, 8(1), 1-8.

Widiastuti, N. P. T., & Rahyuda, H. (2016). Pengaruh pertumbuhan perusahaan, rasio likuiditas, maturity, dan rasio aktivitas terhadap peringkat obligasi pada perusahaan jasa (Doctoral dissertation, Udayana University).

Widiyanti, M., & Bakar, S. W. (2014). Pengaruh working capital turnover, cash turnover, inventory turnover dan current ratio terhadap profitabilitas (roa) perusahaan property dan real estate yang terdaftar di bei. Jurnal manajemen dan bisnis sriwijaya, 12(2), 111-126.

Downloads

Additional Files

Published

2024-12-30

Issue

Vol. 4 No. 1 (2025): January 2025

Section

Articles

Citation Check

License

  1. Authors certify that the work reported here has not been published before and contains no materials the publication of which would violate any copyright or other personal or proprietary right of any person or entity.
  2. Authors dont transfer or license the copyright of publishing to AURELIA: Jurnal Penelitian dan Pengabdian Masyarakat Indonesia Research to publish the article in any media format, to share, to disseminate, to index, and to maximize the impact of the article in any databases.
  3. Authors hereby dont agree to transfer a copyright for publishing to AURELIA: Jurnal Penelitian dan Pengabdian Masyarakat Indonesia a Publisher of the manuscript. 
  4. Authors reserve the following: 
    1. all proprietary rights other than copyright such as patent rights; 
    2. the right to use all or part of this article in future works of our own such as in books and lectures;
    3. use for presentation in a meeting or conference and distributing copies to attendees; 
    4. use for internal training by author's company;
    5. distribution to colleagues for their research use;
    6. use in a subsequent compilation of the author's works;
    7. inclusion in a thesis or dissertation;
    8. reuse of portions or extracts from the article in other works (with full acknowledgement of final article);
    9. preparation of derivative works (other than commercial purposes) (with full acknowledgement of final article); and
    10. voluntary posting on open web sites operated by author or author’s institution for scholarly purposes, but it should follow the open access license of Creative Common CC BY-NC License.