The Impact of Cash Turnover and Accounts Receivable Turnover on Profitability in Indonesian Stock Exchange-Listed Transportation Companies, 2015–2020

Abstract

Abstract — This study examines the effect of cash and receivables turnover on the profitability of transportation companies listed on the Indonesia Stock Exchange in 2015–2020. This research is a descriptive study with a quantitative approach. Using the purposive sampling method, the number of companies sampled in this study was nine. The data analysis methods used were the descriptive statistical test, the classical assumption test, the multiple linear regression analysis, the individual parameter significance test (T-test), and the coefficient of determination. The study's results showed that cash turnover partially had no significant effect on profitability, with a significance value of 0.092. Meanwhile, accounts receivable turnover partially affects profitability, with a significance value of 0.026.